Zugelder Dan 4
4 · Dynatrace, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Dynatrace (DT) EVP Dan Zugelder Vests RSUs; Shares Withheld for Taxes
What Happened
- Dan Zugelder, EVP and Chief Revenue Officer of Dynatrace (DT), had restricted stock units/financial performance stock units convert to common shares on March 5, 2026 (total vested: 27,657 shares). To cover tax withholding obligations, the issuer withheld 8,982 shares, valued at $39.21 per share, resulting in cash withheld of approximately $352,184. The filings show the derivative awards were converted into shares (exercise/conversion) and a portion was surrendered to satisfy taxes.
Key Details
- Transaction date: March 5, 2026; Form 4 filed March 9, 2026.
- Vested/converted (acquired): 27,657 shares (broken into 13,918; 6,388; 3,221; 4,130 lots).
- Shares withheld for tax payment (disposed): 8,982 shares (4,423; 1,969; 993; 1,597) at $39.21 each, totaling ~$352,184.
- Net shares delivered to the insider after withholding: 27,657 − 8,982 = 18,675 shares.
- Footnotes: Vesting relates to Financial PSUs and time‑based RSUs granted July 15, 2023 and June 5, 2024 (per F3–F6). F2 notes shares were withheld by the issuer to satisfy tax withholding.
- Transaction codes: M = exercise/conversion of derivative (vesting of RSUs/PSUs); F = shares withheld to pay tax liabilities (not an open-market sale).
Context
- This was a routine net-share settlement on vesting (company withheld shares to cover taxes), not an open-market sale or a new purchase — generally a neutral administrative event rather than a market sentiment signal. The derivative entries with $0 reflect conversion of awards into shares rather than a cash transaction.
Insider Transaction Report
Form 4
Zugelder Dan
EVP, Chief Revenue Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-05+13,918→ 22,843 total - Tax Payment
Common Stock
[F2]2026-03-05$39.21/sh−4,423$173,426→ 18,420 total - Exercise/Conversion
Common Stock
[F1]2026-03-05+6,388→ 24,808 total - Tax Payment
Common Stock
[F2]2026-03-05$39.21/sh−1,969$77,204→ 22,839 total - Exercise/Conversion
Common Stock
[F1]2026-03-05+3,221→ 26,060 total - Tax Payment
Common Stock
[F2]2026-03-05$39.21/sh−993$38,936→ 25,067 total - Exercise/Conversion
Common Stock
[F1]2026-03-05+4,130→ 29,197 total - Tax Payment
Common Stock
[F2]2026-03-05$39.21/sh−1,597$62,618→ 27,600 total - Exercise/Conversion
Performance Restricted Stock Units (Financial)
[F1][F3]2026-03-05−13,918→ 13,918 total→ Common Stock (13,918 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-05−6,388→ 31,937 total→ Common Stock (6,388 underlying) - Exercise/Conversion
Performance Restricted Stock Units (Financial)
[F1][F5]2026-03-05−3,221→ 16,104 total→ Common Stock (3,221 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-03-05−4,130→ 20,650 total→ Common Stock (4,130 underlying)
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units do not expire. They either vest or are cancelled prior to the vesting date.
- [F2]Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting of restricted stock units.
- [F3]Represents the vesting of restricted stock units based on financial performance ("Financial PSUs") granted on July 15, 2023. 33% of the Financial PSUs granted vested on June 5, 2024 and the balance of the Financial PSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2026, subject to the Reporting Person's continued employment on the applicable vesting dates.
- [F4]Represents the vesting of time-based restricted stock units ("RSUs") granted on July 15, 2023. 12.5% of the RSUs granted vested on December 5, 2023 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2027, subject to the Reporting Person's continued employment on the applicable vesting dates.
- [F5]Represents the vesting of Financial PSUs granted on June 5, 2024. 33% of the Financial PSUs granted vested on June 5, 2025 and the balance of the Financial PSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2027, subject to the Reporting Person's continued employment on the applicable vesting dates.
- [F6]Represents the vesting of RSUs granted on June 5, 2024. 33% of the RSUs granted vested on June 5, 2025 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2027, subject to the Reporting Person's continued employment on the applicable vesting dates.
Signature
/s/ Marc Gold, by power of attorney|2026-03-09