Greifeneder Bernd 4
Research Summary
AI-generated summary
Dynatrace (DT) CTO Bernd Greifeneder Vests RSUs, Sells Shares
What Happened
Bernd Greifeneder, Dynatrace's Executive Vice President & Chief Technology Officer, had restricted stock units / performance stock units convert (exercise/conversion of derivatives) on March 5, 2026. A total of 16,549 shares were converted/issued (no cash exercise price). To satisfy tax withholding and sell-to-cover requirements, about 9,097 shares were withheld or sold at $39.21 per share, producing proceeds of approximately $356,692. The transaction resulted in a net increase of roughly 7,452 shares to his holdings (16,549 acquired − 9,097 withheld/sold).
Key Details
- Transaction date: March 5, 2026. Sales/withhold price reported: $39.21 per share.
- Shares converted/acquired: 16,549 (conversion of RSUs/PSUs; derivative code M).
- Shares withheld/sold for taxes or sell-to-cover: ~9,097 shares (codes F and S), proceeds ≈ $356,692.
- Net shares added to insider holdings from this event: ~7,452 shares.
- Notable footnotes: conversions represent vesting of RSUs and Financial PSUs granted in June 2023 and June 2024 (see F1–F10). F2/F3 indicate shares were withheld by the issuer to satisfy tax withholding; F4–F10 describe vesting schedules and conditions.
- Filing timeliness: no late-filing flag indicated in the provided data.
Context
This was primarily a scheduled vesting/conversion of equity awards (RSUs/PSUs), not an open-market purchase for investment. The insider did not pay an exercise price (these were restricted/performance units that converted to shares) and used a common “sell-to-cover”/withholding process to meet tax obligations — a routine compensation event for executives. Such transactions reflect compensation vesting rather than an explicit buy or sell decision about the company’s stock.