Dynatrace (DT) director awarded 10,476 RSUs with vesting through 2030
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Streetman Frederick Daniel reported acquisition or exercise transactions in this Form 4 filing.
Dynatrace, Inc. director Frederick Daniel Streetman received a grant of restricted stock units as part of his board compensation. The award covers 10,476 RSUs, each representing one share of common stock if it ultimately vests rather than being cancelled.
According to the grant terms, 25% of the RSUs will vest on June 30, 2027, with the remaining units vesting in equal quarterly installments until they are fully vested on June 30, 2030, subject to his continued service as a director. After this grant, he directly holds 10,476 RSUs reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Streetman Frederick Daniel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,476 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,476 shares (Direct, null)
Footnotes (1)
- Each time-based restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs do not expire. They either vest or are cancelled prior to the vesting date. Represents the grant of RSUs under the Issuer's 2019 Equity Incentive Plan, as amended, and the Amended and Restated Non-Employee Director Compensation Policy. 25% of these RSUs will vest on June 30, 2027, and the balance of the RSUs will vest in equal quarterly installments thereafter until fully vested on June 30, 2030, subject to the Reporting Person's continued service as a director on the applicable vesting dates.
Key Figures
RSUs granted: 10,476 RSUs
Initial vesting date: June 30, 2027
Final vesting date: June 30, 2030
+1 more
4 metrics
RSUs granted
10,476 RSUs
Grant to director on June 30, 2026
Initial vesting date
June 30, 2027
25% of RSUs vest on this date
Final vesting date
June 30, 2030
RSUs fully vested by this date
Shares following transaction
10,476 RSUs
Total RSUs directly held after grant
Key Terms
Restricted Stock Units, 2019 Equity Incentive Plan, Non-Employee Director Compensation Policy, vesting
4 terms
Restricted Stock Units financial
"Each time-based restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2019 Equity Incentive Plan financial
"Represents the grant of RSUs under the Issuer's 2019 Equity Incentive Plan, as amended"
Non-Employee Director Compensation Policy financial
"and the Amended and Restated Non-Employee Director Compensation Policy"
vesting financial
"25% of these RSUs will vest on June 30, 2027, and the balance of the RSUs will vest in equal quarterly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Dynatrace (DT) report for Frederick Daniel Streetman?
Dynatrace reported a grant of 10,476 restricted stock units to director Frederick Daniel Streetman. These RSUs are part of his board compensation and provide a contingent right to receive common shares if vesting conditions based on continued board service are met over time.
How many restricted stock units did the Dynatrace (DT) director receive in this Form 4?
The director received 10,476 restricted stock units. Each RSU represents a contingent right to one share of Dynatrace common stock. The units vest gradually between June 30, 2027 and June 30, 2030, assuming he continues serving as a director on the respective vesting dates.
What is the vesting schedule for the 10,476 RSUs granted by Dynatrace (DT)?
25% of the 10,476 RSUs will vest on June 30, 2027. The remaining balance will then vest in equal quarterly installments until fully vested on June 30, 2030, conditioned on Frederick Daniel Streetman’s continued service as a Dynatrace director on each vesting date.
Are the Dynatrace (DT) RSUs granted to the director subject to an expiration date?
The RSUs do not have a traditional expiration date. Instead, each RSU either vests into one share of Dynatrace common stock or is cancelled before its scheduled vesting date, depending on whether the director continues to meet the service-based vesting conditions.
Under which plans were the Dynatrace (DT) RSUs granted to the director?
The RSUs were granted under Dynatrace’s 2019 Equity Incentive Plan, as amended, and the Amended and Restated Non-Employee Director Compensation Policy. These frameworks govern equity-based compensation and outline the vesting terms tied to ongoing service on the company’s board.