Dynatrace CFO James M. Benson Receives Award; Shares Withheld

What Happened James M. Benson, EVP, Chief Financial Officer and Treasurer of Dynatrace (DT), had a total of 17,086 restricted stock units (RSUs/PSUs) convert to common stock on Sept 5, 2026. To satisfy tax withholding obligations, 8,275 shares were surrendered/withheld (reported as disposals) for aggregate withholding proceeds of $429,473. After withholding, Benson retained a net 8,811 newly issued shares. The filings show the share conversions/exercises (transaction code M) and the tax-withholding share disposals (transaction code F).

Key Details

• Transaction date(s): Sept 5, 2026; Form 4 filed Sept 9, 2026.
• Vesting/conversion: 17,086 shares vested/converted into common stock (sum of 3,851 + 4,938 + 4,927 + 3,370).
• Shares withheld for taxes: 8,275 shares (1,874 + 2,388 + 2,383 + 1,630) with a reported withholding value of $429,473.
• Net shares added to Benson’s holdings from this event: 8,811 shares.
• Shares owned after transaction: Not disclosed in the filing.
• Relevant footnotes: these shares represent vesting of time-based RSUs and financial PSUs granted June 5, 2024 and June 5, 2025 under the company’s 2019 Equity Incentive Plan; vesting schedules extend through 2027–2028 (see F3–F6). Footnote F2 explains shares were withheld to satisfy tax obligations.
• Filing timeliness: Form filed four days after the transactions (filed 2026-09-09 for 2026-09-05 transactions); the filing does not state a late filing flag.

Context This was a routine vesting/settlement of equity awards with a net-share settlement to cover tax withholding (not an open-market sale). Transaction codes: M = exercise/conversion of derivative (vesting/conversion of RSUs/PSUs), F = shares withheld to pay taxes. Such withholding transactions are common following vesting and are administrative, not necessarily a signal of the insider’s view on the company stock.