Form 4: Dynatrace Executive Bernd Greifeneder Reports Stock Transaction

Dynatrace's EVP and Chief Technology Officer, Bernd Greifeneder, had shares withheld to cover tax obligations related to vesting RSUs and PSUs.

Summary

• Bernd Greifeneder, EVP and Chief Technology Officer at Dynatrace, Inc., reported a transaction involving the company's common stock.
• On November 15, 2024, 2,254 shares were withheld by Dynatrace to cover tax obligations related to the vesting of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
• The price per share for the transaction was $52.35.
• Following the transaction, Greifeneder directly owns 1,057,038 shares of Dynatrace common stock.
• He also indirectly owns 1,970 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is typical for executives receiving stock-based compensation.
• Many technology companies use RSUs and PSUs as part of their compensation packages, and tax withholding upon vesting is a common occurrence.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard tax withholding event.

Key Dates

Keywords

Dynatrace, stock transaction, Form 4, insider trading, Bernd Greifeneder, RSU, PSU, tax withholding, executive compensation