Zugelder Dan 4

What Happened

• Dan Zugelder, Executive VP & Chief Revenue Officer of Dynatrace (DT), converted/exercised a series of derivative awards on June 5, 2026 (reported on Form 4 filed 6/9/2026). The conversions total 58,939 shares (multiple exercise/conversion entries). To satisfy tax withholding obligations, 29,531 shares were withheld at an average reported withholding price of $42.19, generating approximately $1,245,913 in tax withholding proceeds. Separately, the filing shows a grant/award of 61,034 restricted stock units (RSUs) with no cash consideration.

Key Details

• Transaction date: June 5, 2026 (Form 4 filed June 9, 2026).
• Exercises/conversions (code M): 58,939 shares converted (derivative conversion lines reported at $0.00 consideration).
• Tax withholding (code F): 29,531 shares withheld at $42.19, total ≈ $1,245,913.
• Grant/award (code A): 61,034 RSUs awarded (no cash amount).
• Shares owned after transaction: not specified in the filing.
• Relevant footnotes: F2 denotes shares withheld for tax withholding; F10/F11 describe vesting schedules for Financial PSUs and RSUs (some portion vested June 5, 2026 with remaining amounts vesting quarterly through 2028/2029). F8/F4/F6/F7/F9 reference other PSU/RSU vesting schedules noted in the filing.
• Transaction codes: M = exercise/conversion of derivative, F = shares withheld for tax liability, A = grant/award.

Context

• This appears to be routine equity compensation activity: derivative awards/PSUs/RSUs vested or were converted and the company withheld shares to cover required taxes (a common cashless method). The exercise/conversion lines show $0 consideration for the derivative conversion itself and separate withholding to satisfy taxes, rather than an open‑market sale for cash proceeds. Such withholding and RSU grants are standard compensation mechanics and do not, by themselves, indicate the insider’s market view.