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Dynatrace, Inc.·4

Mar 9, 5:54 PM ET

Yates Daniel S. 4

Research Summary

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Dynatrace (DT) SVP Daniel Yates Receives RSUs; Shares Withheld

What Happened

  • Daniel S. Yates, Senior Vice President and Chief Accounting Officer of Dynatrace, had restricted stock units (RSUs/PSUs) convert to common shares on March 5, 2026. A total of 3,687 underlying shares vested/converted (2,409 + 560 + 718). The company withheld 1,182 shares to satisfy the reporting person’s tax withholding obligation at a withholding price of $39.21 per share, totaling approximately $46,346 in tax withholding. After withholding, 2,505 shares were delivered to Mr. Yates.
  • These transactions are vesting/conversion events (derivative conversion) and not open‑market sales or purchases. The disposal entries at $0 reflect conversion/cancellation of the derivative awards upon vesting, not a cash sale.

Key Details

  • Transaction date: March 5, 2026; Form 4 filed March 9, 2026.
  • Vested/converted shares: 3,687 total (2,409; 560; 718).
  • Shares withheld for taxes (Disposition code F): 1,182 shares at $39.21/share = $46,346 withheld.
  • Net shares delivered: 2,505 shares.
  • Footnotes: RSUs/PSUs described include performance-based PSUs granted Oct 15, 2023 (vesting through June 5, 2026), PSUs granted June 5, 2024 (vesting through June 5, 2027), and time‑based RSUs granted June 5, 2024 (vesting through June 5, 2027). F2 indicates shares withheld to satisfy tax withholding.
  • Filing timeliness: filing date and transaction date are shown; the Form 4 was filed on March 9 for transactions dated March 5 (the filing itself is noted but no late‑filing flag was provided in the data supplied).

Context

  • This is a routine equity compensation vesting event, not an open‑market sale or purchase; withheld shares to cover taxes are common in such situations and do not necessarily indicate insider sentiment about the stock.
  • For retail investors: vesting increases insider ownership (net shares delivered) but the withholding reduces the number of shares received. The entries coded M (exercise/conversion of derivative) represent conversion of RSUs/PSUs to common shares, and F indicates shares retained by the issuer for tax obligations.