Dynatrace (DT) Director Jill Ward Converts RSUs; Shares Withheld for Taxes

What Happened
Jill A. Ward, a director of Dynatrace, reported the conversion of 4,111 time‑based RSUs into common shares on August 20, 2026 (transaction code M). The filing shows 4,111 shares acquired on conversion and 4,111 shares disposed at $0.00, indicating those shares were withheld/used to satisfy tax withholding obligations rather than sold for cash. No cash proceeds were reported.

Key Details

• Transaction date: August 20, 2026. Filing date: August 24, 2026 (filed within the required reporting window).
• Acquired: 4,111 shares via conversion of RSUs (code M). Disposed: 4,111 shares at $0.00 (withheld for taxes).
• Shares owned following the reported transaction: not disclosed in the Form 4 filing.
• Footnotes: F1 — each RSU represents a contingent right to one share; RSUs do not expire. F2 — these RSUs were granted Aug 20, 2025 and 100% vested on Aug 20, 2026 (earlier of one‑year anniversary and the 2026 Annual Meeting).
• No 10b5‑1 plan or other special sale plan was indicated in the filing.

Context
This was a routine equity compensation vesting/conversion for a non‑executive director. Companies commonly satisfy tax withholding obligations by withholding or surrendering a portion (or all) of vested shares; such transactions are not open‑market purchases or sales and should not be interpreted as a deliberate buy or sell signal. Transaction code M denotes conversion/exercise of a derivative (here, RSUs converting into common stock).