Zugelder Dan 4

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.