Dynatrace (DT) CEO and director disclose RSU and PSU vesting, share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dynatrace, Inc.'s chief executive officer and director reported equity award activity and related share withholding. On 12/05/2025, several blocks of time-based restricted stock units (RSUs) and performance-based RSUs (Financial PSUs) vested, each representing the right to receive one share of Dynatrace common stock. These awards were originally granted on June 5, 2023 and June 5, 2024 and generally vest 33% on the first anniversary of grant, with the remaining amounts vesting in equal quarterly installments through June 5, 2026 or June 5, 2027, subject to continued employment.
In connection with these vestings, the issuer withheld multiple lots of shares, including 8,707, 6,402, 5,868 and 7,524 shares, at a price of $44.45 per share, to cover tax obligations. After these transactions, the reporting person beneficially owned 138,342 shares of Dynatrace common stock directly and 500 shares indirectly through a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
56,122 shares exercised/converted
Mixed
13 txns
Insider
MCCONNELL RICK M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Units (Financial) | 17,145 | $0.00 | -- |
| Exercise | Restricted Stock Units | 12,607 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units (Financial) | 11,555 | $0.00 | -- |
| Exercise | Restricted Stock Units | 14,815 | $0.00 | -- |
| Exercise | Common Stock | 17,145 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,707 | $44.45 | $387K |
| Exercise | Common Stock | 12,607 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,402 | $44.45 | $285K |
| Exercise | Common Stock | 11,555 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,868 | $44.45 | $261K |
| Exercise | Common Stock | 14,815 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,524 | $44.45 | $334K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Restricted Stock Units (Financial) — 34,291 shares (Direct);
Restricted Stock Units — 25,215 shares (Direct);
Common Stock — 127,866 shares (Direct);
Common Stock — 500 shares (Indirect, See Footnote)
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. Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting of RSUs. Shares held by the Anne Marie McConnell Trust dated July 16, 2021, for which the Reporting Person's spouse is the sole trustee. The Reporting Person disclaims Section 16 beneficial ownership of the shares except to the extent of his pecuniary interest, if any, therein, and nothing contained in this report shall be deemed an admission that the Reporting Person is the beneficial owner of any of the shares for Section 16 purposes or otherwise. Represents the vesting of RSUs based on financial performance ("Financial PSUs") granted on June 5, 2023. 33% of the Financial PSUs granted vested on June 5, 2024 and the balance of the Financial PSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2026, subject to the Reporting Person's continued employment on the applicable vesting dates. Represents the vesting of RSUs granted on June 5, 2023. 33% of the RSUs granted vested on June 5, 2024 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2026, subject to the Reporting Person's continued employment on the applicable vesting dates. Represents the vesting of Financial PSUs granted on June 5, 2024. 33% of the Financial PSUs granted vested on June 5, 2025 and the balance of the Financial PSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2027, subject to the Reporting Person's continued employment on the applicable vesting dates. Represents the vesting of RSUs granted on June 5, 2024. 33% of the RSUs granted vested on June 5, 2025 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2027, subject to the Reporting Person's continued employment on the applicable vesting dates.
FAQ
What insider transaction did Dynatrace (DT) report on December 5, 2025?
On 12/05/2025, Dynatrace's chief executive officer and director reported the vesting of multiple restricted stock unit (RSU) and performance-based RSU awards, along with related share withholding for taxes.
What are the vesting terms of the Dynatrace (DT) performance RSUs granted June 5, 2023?
Financial performance RSUs granted on June 5, 2023 vest with 33% vesting on June 5, 2024, and the remaining balance vesting in equal quarterly installments until fully vested on June 5, 2026, subject to continued employment.
What are the vesting terms of the Dynatrace (DT) RSUs granted June 5, 2024?
RSUs and Financial PSUs granted on June 5, 2024 vest with 33% vesting on June 5, 2025, and the remaining amounts vesting in equal quarterly installments until fully vested on June 5, 2027, subject to the reporting person's continued employment.
What do the transaction codes M and F mean in this Dynatrace (DT) Form 4?
Code M indicates the vesting and settlement of RSUs or performance RSUs into Dynatrace common stock, while code F indicates shares withheld by the issuer to satisfy the reporting person's tax withholding obligations upon vesting.
Does the Dynatrace (DT) Form 4 involve expiring options or RSUs?
The filing explains that each time-based restricted stock unit represents a contingent right to receive one share of Dynatrace common stock and does not expire; it either vests or is cancelled before the vesting date.