MCCONNELL RICK M 4

What Happened

• Rick M. McConnell, CEO of Dynatrace, had restricted stock units/PSUs convert into 56,124 shares on March 5, 2026 (several vesting/conversion events). To satisfy tax withholding obligations, 24,766 of those shares were withheld (disposed) at an implied per-share withholding value of $39.21, totaling approximately $971,074. The conversion/vesting entries show $0.00 exercise price, indicating these were settlement of RSUs/PSUs (not option exercises requiring cash).

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (timely within the required two business days).
• Shares received (conversion/vesting): 56,124 total (17,146 + 12,608 + 11,556 + 14,814).
• Shares withheld for taxes (dispositions): 24,766 total (6,225 + 5,149 + 5,869 + 7,523) at $39.21/share = $971,074 (aggregate).
• Transaction codes: M = conversion of derivative (vesting/settlement of RSUs/PSUs); F = shares withheld to satisfy tax liability.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Notable footnotes: F1–F7 describe RSU/PSU mechanics and vesting schedules; F2 confirms shares were withheld for tax withholding; F3 notes certain shares are held in the reporting person’s spouse’s trust and are disclaimed for Section 16 purposes.

Context

• These transactions represent routine vesting and settlement of equity awards (time‑based RSUs and performance PSUs) rather than open‑market purchases or sales. The withholding of shares to cover taxes is a common, non‑market transaction (cashless settlement) and doesn’t necessarily indicate a change in insider sentiment.