Benson James M 4
Research Summary
AI-generated summary
Dynatrace (DT) CFO Benson James Receives 65,182 RSUs (Vested)
What Happened
Benson James M, EVP, Chief Financial Officer and Treasurer of Dynatrace (DT), had equity awards vest on June 5, 2026. The filing shows a grant/issuance of 65,182 derivative-based awards (RSUs/PSUs) and multiple conversions/exercises of derivative awards. To cover tax withholding obligations, 27,277 shares were withheld/sold at $42.19 per share, generating proceeds of approximately $1,150,816. After withholding, the net new shares received were about 37,905.
Key Details
- Transaction date: June 5, 2026; Form filed June 9, 2026 (no late‑filing flag shown in the provided data).
- Award/grant: 65,182 shares reported as acquired (derivative awards/RSUs/PSUs).
- Tax withholding/sale: 27,277 shares withheld/disposed at $42.19 each, total proceeds ≈ $1,150,816.
- Net shares issued to insider: ~37,905 (65,182 granted − 27,277 withheld).
- Codes: M = exercise/conversion of derivative awards; F = shares withheld/sold to satisfy tax liability; A = award/grant.
- Footnotes note these were time‑ and performance‑based RSUs/PSUs that vested (see F4–F11) and that shares were withheld to satisfy tax obligations (F2). Footnote F3 also notes a separate ESPP acquisition of 558 shares for the Dec 6, 2025–Jun 5, 2026 offering period.
Context
This filing primarily documents vesting of RSUs/PSUs and routine tax‑withholding (often done by the company by retaining/selling shares). That process is generally administrative and not a directional purchase/sale signal about the insider’s market view. For clarity: M = conversion/exercise of derivative awards into shares; F = shares withheld/sold to pay taxes; A = award or grant recorded.