Form 4: Dynatrace Director Stephen Lifshatz Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Director Stephen Lifshatz sold 2,500 shares of Dynatrace, Inc. (DT) common stock at an average price of $60.8827 on February 10, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On February 10, 2025, Stephen J Lifshatz, a director of Dynatrace, Inc., sold 2,500 shares of common stock.
- The sale was executed at a weighted average price of $60.8827 per share, with individual prices ranging from $60.37 to $61.08.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on March 1, 2024.
- Following the transaction, Lifshatz directly owns 36,471 shares of Dynatrace common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged trading plan and doesn't necessarily indicate a positive or negative outlook on the company.
Industry Context
Sales by company directors are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares over a period of time without being accused of trading on inside information.
Stakeholder Impact
- The sale of shares by a director could have a minor negative impact on shareholder confidence, but the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2024-03-01 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-02-10 | Date of transaction (sale of shares) |
| 2025-02-11 | Date of signature |
Keywords
Dynatrace, Lifshatz, Director, Share Sale, Form 4, 10b5-1 Trading Plan, DT
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