Dynatrace Director Thota Chandrasekhar Receives 10,522 RSUs
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Dynatrace Director Thota Chandrasekhar Receives 10,522 RSUs
What Happened Thota Chandrasekhar, a member of Dynatrace's board of directors, received an award of 10,522 restricted stock units (RSUs) on July 27, 2026. The RSUs were granted at a $0.00 acquisition price (i.e., they are derivative awards, not an open‑market purchase or sale). This is a compensation grant rather than a cash purchase or sale of shares.
Key Details
- Transaction date: July 27, 2026; Form 4 filed July 29, 2026 (timely filing).
- Transaction type/code: Award/Grant (A); derivative RSUs (each RSU represents a contingent right to one share).
- Grant size: 10,522 RSUs; reported acquisition price: $0.00 per unit.
- Vesting (per footnote): 25% vest on July 27, 2027; remaining RSUs vest in equal quarterly installments until fully vested on July 27, 2030, subject to continued service.
- Plan/policy: Granted under the 2019 Equity Incentive Plan and the Amended and Restated Non‑Employee Director Compensation Policy.
- Shares owned after transaction: not specified in the provided filing excerpt.
- No 10b5‑1 plan, tax‑withholding sale, or late‑filing flag indicated in the information provided.
Context RSUs are common director compensation and represent a future right to receive common shares if vesting conditions are met; they do not involve an immediate cash outlay or sale. Because these are time‑based awards subject to continued service, they are primarily a retention/compensation mechanism rather than a direct signal of buying or selling conviction.