Form 4: Dynatrace Executive Bernd Greifeneder Reports Stock Transaction
SEC Form 4
EVP and Chief Technology Officer of Dynatrace, Bernd Greifeneder, reports disposition of shares to cover tax obligations upon vesting of RSUs and PSUs.
Summary
- On August 15, 2024, Bernd Greifeneder, EVP and Chief Technology Officer of Dynatrace, Inc., reported a transaction involving Dynatrace common stock.
- 2,254 shares were disposed of at a price of $48.93 per share to satisfy tax withholding obligations upon the vesting of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
- Following the transaction, Greifeneder directly owns 1,069,379 shares of Dynatrace common stock and indirectly owns 1,996 shares through a spouse.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock transaction |
| 08/19/2024 | Date of signature on the report |
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