Form 4: Dynatrace Director Wolberg Receives Stock Units

Director Kirsten O. Wolberg acquired 3,981 shares of Dynatrace, Inc. common stock in the form of Restricted Stock Units (RSUs) on August 23, 2024.

Summary

• Kirsten O. Wolberg, a director of Dynatrace, Inc., reported a transaction involving the acquisition of company stock.
• On August 23, 2024, Wolberg acquired 3,981 shares of common stock in the form of Restricted Stock Units (RSUs).
• These RSUs were granted under the Dynatrace, Inc. 2019 Equity Incentive Plan and the Non-Employee Director Compensation Policy.
• Each RSU represents the right to receive one share of common stock on the earlier of the one-year anniversary of the grant date or the date of the 2025 Annual Meeting of Stockholders.
• Following the transaction, Wolberg beneficially owns 23,871 shares of Dynatrace common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and aligns director interests with shareholders.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders.
• The equity incentive plan is designed to reward and retain key personnel.

Future Outlook

The RSUs will vest on the earlier of the one-year anniversary of the grant date or the date of the 2025 Annual Meeting of Stockholders.

Industry Context

This is a standard practice for compensating directors and aligning their interests with shareholders in publicly traded companies.

Comparison to Industry Standards

• Granting stock options and restricted stock units to directors is a common practice among publicly traded companies to incentivize performance and align interests with shareholders.
• Companies like Datadog and New Relic also utilize similar equity compensation plans for their directors and executives.

Stakeholder Impact

• The RSU grant aligns the director's interests with those of shareholders, potentially leading to decisions that benefit the company's long-term value.
• Employees may view the equity incentive plan as a positive sign of the company's commitment to its personnel.

Next Steps

• The RSUs will vest on the earlier of August 23, 2025, or the date of the 2025 Annual Meeting of Stockholders, at which point the director will receive shares of Dynatrace common stock.

Key Dates