Dynatrace (NYSE: DT) EVP gains RSUs, uses company shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dynatrace, Inc. executive Stephen A. McMahon reported equity compensation activity centered on vesting RSUs and performance units, related tax withholding, and a new RSU grant. On June 5, 2026, he exercised derivative awards that delivered 39,211 shares of Common Stock and the company withheld 21,153 shares at $42.19 per share to cover tax obligations.
He also received a new grant of 37,924 restricted stock units, each representing a right to one share of Common Stock, and acquired 501 shares through the company’s Employee Stock Purchase Plan for the offering period from December 6, 2025 through June 5, 2026. The filing reflects routine compensation-related transactions rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
39,211 shares exercised/converted
Mixed
7 txns
Insider
McMahon Stephen A
Role
EVP, Chief Customer Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 23,285 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units (Financial) | 15,926 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 37,924 | $0.00 | -- |
| Exercise | Common Stock | 23,285 | $0.00 | -- |
| Tax Withholding | Common Stock | 12,560 | $42.19 | $530K |
| Exercise | Common Stock | 15,926 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,593 | $42.19 | $363K |
Holdings After Transaction:
Restricted Stock Units — 69,853 shares (Direct, null);
Performance Restricted Stock Units (Financial) — 47,776 shares (Direct, null);
Common Stock — 27,240 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units do not expire. They either vest or are cancelled prior to the vesting date. Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting of restricted stock units. The number of securities reported reflects the acquisition on June 5, 2026 of 501 shares of Common Stock pursuant to the Issuer's Employee Stock Purchase Plan ("ESPP") for the ESPP offering period of December 6, 2025 through June 5, 2026. Represents the vesting of time-based restricted stock units ("RSUs") granted on June 5, 2025 under the Issuer's 2019 Equity Incentive Plan, as amended (the "Plan"). 25% of these RSUs vested on June 5, 2026 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2029, subject to the Reporting Person's continued employment on the applicable vesting dates. Represents the vesting of Financial PSUs granted on June 5, 2025 under the Plan and earned following certification by the Compensation Committee of the Board of Directors of the Issuer of certain financial performance results for the Issuer's fiscal year 2026 that started on April 1, 2025 and ended on March 31, 2026. 33% of the Financial PSUs vested on June 5, 2026, and the balance of the Financial PSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2028, subject to the Reporting Person's continued employment on the applicable vesting dates. Represents the grant of RSUs under the Plan. 33% of these RSUs will vest on June 5, 2027 and the balance of the RSUs will vest in equal quarterly installments thereafter until fully vested on June 5, 2029, subject to the Reporting Person's continued employment on the applicable vesting dates.
Key Figures
Shares from derivative exercises: 39,211 shares
Tax withholding shares: 21,153 shares
Tax withholding price: $42.19 per share
+4 more
7 metrics
Shares from derivative exercises
39,211 shares
Common Stock from exercises on June 5, 2026
Tax withholding shares
21,153 shares
Shares withheld to satisfy tax obligations at $42.19
Tax withholding price
$42.19 per share
Value used for withholding on June 5, 2026
New RSU grant
37,924 units
Restricted Stock Units granted on June 5, 2026
Financial PSU vesting
15,926 shares
Performance Restricted Stock Units converted to Common Stock
Time-based RSU vesting
23,285 shares
Time-based RSUs vested under 2019 Equity Incentive Plan
ESPP acquisition
501 shares
Shares bought via ESPP Dec 6, 2025–Jun 5, 2026
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, Financial PSUs, Equity Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock."
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.
Employee Stock Purchase Plan financial
"acquisition on June 5, 2026 of 501 shares of Common Stock pursuant to the Issuer's Employee Stock Purchase Plan ("ESPP")"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Financial PSUs financial
"Represents the vesting of Financial PSUs granted on June 5, 2025 under the Plan"
Equity Incentive Plan financial
"granted on June 5, 2025 under the Issuer's 2019 Equity Incentive Plan, as amended (the "Plan")"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
tax withholding obligations financial
"Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting of restricted stock units."
FAQ
What transactions did Dynatrace (DT) executive Stephen McMahon report on June 5, 2026?
Stephen McMahon reported equity compensation activity on June 5, 2026, including vesting of restricted stock and performance units, tax withholding in shares, a new RSU grant, and shares acquired under Dynatrace’s Employee Stock Purchase Plan for the December 2025–June 2026 offering period.
What new restricted stock unit grant did Dynatrace (DT) award to Stephen McMahon?
Dynatrace granted McMahon 37,924 restricted stock units, each representing a contingent right to one share of Common Stock. According to the footnotes, 33% of these RSUs vest on June 5, 2027, with the remainder vesting in equal quarterly installments through June 5, 2029.
Were Stephen McMahon’s Dynatrace (DT) Form 4 transactions open-market stock sales or purchases?
The reported transactions were not open‑market trades. They primarily reflect exercises and vesting of restricted and performance stock units, plus shares withheld by Dynatrace to cover tax liabilities, and participation in the Employee Stock Purchase Plan, rather than discretionary buying or selling in the open market.
What is the role of tax withholding in Stephen McMahon’s Dynatrace (DT) Form 4 filing?
Tax withholding appears as disposition code F transactions, where 21,153 Dynatrace shares were withheld at $42.19 per share. These shares were retained by the issuer solely to satisfy McMahon’s tax obligations triggered by the vesting of restricted stock and performance-based stock units.
How did Dynatrace’s Employee Stock Purchase Plan affect Stephen McMahon’s holdings?
A footnote states McMahon acquired 501 Dynatrace Common Stock shares under the Employee Stock Purchase Plan for the offering period from December 6, 2025 through June 5, 2026, reflecting routine employee participation rather than a separate open-market purchase transaction.