Form 4: Dynatrace EVP, CFO and Treasurer James M. Benson Reports Changes in Beneficial Ownership

James M. Benson, EVP, CFO and Treasurer of Dynatrace, Inc., reports acquisition of shares through restricted stock units and employee stock purchase plan, as well as shares withheld for tax obligations.

Summary

• On June 5, 2024, James M. Benson, EVP, CFO and Treasurer of Dynatrace, Inc., reported changes in beneficial ownership.
• Benson acquired 58,966 shares of Common Stock through Restricted Stock Units (RSUs) granted under the company's 2019 Equity Incentive Plan.
• These RSUs vest over time, with 33% vesting on June 5, 2025, and the remainder vesting in equal quarterly installments thereafter.
• Additionally, 371 shares of Common Stock were acquired through the Employee Stock Purchase Plan (ESPP) for the offering period of December 6, 2023, through June 5, 2024.
• The report also indicates that 19,235 shares were withheld by Dynatrace to satisfy tax obligations related to the vesting of RSUs and PSUs.
• Following these transactions, Benson beneficially owns 409,153 shares of Dynatrace Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The filing reflects standard executive compensation practices and insider investment, suggesting confidence in the company's prospects. There are no overtly negative signals.

Positives

• Acquisition of shares through RSUs and ESPP indicates confidence in the company's future performance from an insider's perspective.

Negatives

• Shares were withheld to cover tax obligations, which reduces the net increase in directly held shares.

Future Outlook

The vesting schedule of the RSUs indicates a multi-year commitment and belief in the company's long-term success.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates normal compensation and investment activity by a key executive.

Stakeholder Impact

• The transactions reported may have a minor positive impact on shareholder sentiment, reflecting insider confidence.
• Employees participating in the ESPP benefit from the opportunity to purchase company stock at potentially favorable terms.

Key Dates