Form 4: Dynatrace CEO Rick McConnell Reports Stock Disposal for Tax Obligations

CEO Rick McConnell disposed of 2,679 shares of Dynatrace stock to cover tax obligations arising from RSU vesting.

Summary

• Rick McConnell, CEO of Dynatrace, reported a transaction on May 15, 2025, involving the disposal of 2,679 shares of common stock.
• The shares were withheld by Dynatrace to satisfy McConnell's tax withholding obligations upon the vesting of Restricted Stock Units (RSUs).
• The transaction price was $53.03 per share.
• Following the transaction, McConnell directly owns 476,561 shares of Dynatrace common stock.
• McConnell also indirectly owns 500 shares through the Anne Marie McConnell Trust, for which his spouse is the sole trustee; he disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 7

Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes, with no indication of strategic shifts or concerns.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal for tax purposes and does not indicate a change in the CEO's confidence in the company.

Key Dates

Keywords

Dynatrace, Rick McConnell, Form 4, SEC Filing, Stock Disposal, RSU Vesting, Tax Obligations, Beneficial Ownership