Form 4: Dynatrace CFO James M. Benson Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
James M. Benson, EVP, CFO, and Treasurer of Dynatrace, Inc., disposed of 8,574 shares of common stock on June 14, 2024, to cover tax withholding obligations.
Summary
- On June 14, 2024, James M. Benson, the EVP, CFO, and Treasurer of Dynatrace, Inc., disposed of 8,574 shares of common stock.
- The disposal was executed to satisfy tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
- The shares were sold at a price of $42.1.
- Following the transaction, Benson directly owns 400,579 shares of Dynatrace common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reports a routine transaction for tax purposes. It's a standard procedure and doesn't necessarily indicate positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are standard practice for company 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 sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of stock disposal transaction |
| 06/17/2024 | Date of signature on the report |
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