Form 4: Dynatrace CFO James M. Benson Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Dynatrace's CFO, James M. Benson, disposed of shares to satisfy tax withholding obligations upon the vesting of Restricted Stock Units (RSUs).
Summary
- On September 13, 2024, James M. Benson, the EVP, CFO, and Treasurer of Dynatrace, Inc., disposed of 8,574 shares of common stock.
- The shares were withheld by the issuer to satisfy the reporting person's tax withholding obligations upon the vesting of RSUs.
- The transaction was executed at a price of $50.74 per share.
- Following the transaction, Benson directly owns 387,122 shares of Dynatrace common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (disposal of shares for tax obligations) and has a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common when RSUs vest.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of transaction where shares were disposed of to cover tax obligations. |
| 09/17/2024 | Date of signature on the Form 4 filing. |
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