Benson James M 4

What Happened

• James M. Benson, EVP, CFO and Treasurer of Dynatrace (DT), had restricted stock units and performance stock units convert to common shares (reported as exercise/conversion of derivatives) on March 5, 2026. A total of 18,886 shares were issued on vesting (5,818 + 4,278 + 3,852 + 4,938). To cover tax withholding obligations, 5,675 shares were surrendered/withheld (1,838 + 1,256 + 1,131 + 1,450) at $39.21 per share, totaling $222,518. After withholding, Benson received a net of 13,211 shares.
• These transactions are routine compensation-related vesting events (not open-market sales). The filing shows conversion of RSUs/PSUs (derivative code M) and share withholding for taxes (code F).

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (filed within the required two business days).
• Shares vesting (acquired): 18,886 shares in four conversion events.
• Shares withheld for taxes (disposed): 5,675 shares at $39.21 each, total withholding value $222,518.
• Net new shares to insider: 13,211 shares.
• Footnotes: Vesting arose from Financial PSUs and time-based RSUs granted June 5, 2023 and June 5, 2024; RSUs/PSUs vest per scheduled installments (see F3–F6). F2 notes shares were withheld to satisfy tax withholding obligations.
• Transaction codes: M = exercise/conversion of derivative (vesting of RSUs/PSUs); F = payment of tax liability via share withholding.
• Shares owned after transaction: not stated in the provided filing excerpt.

Context

• This was a vesting and net-share-settlement (share withholding to cover taxes), a common executive compensation event. Because shares were issued on vesting and not sold on the open market, these transactions are generally treated as routine compensation rather than a direct signal of the insider’s view on the stock.
• For retail investors, vesting events increase insider share holdings (net +13,211 here) but do not necessarily imply buying or selling intent beyond tax obligations.