DT.NYSEDynatrace, INC

Form 4: Dynatrace Executive Bernd Greifeneder Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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EVP and Chief Technology Officer of Dynatrace, Bernd Greifeneder, reports the withholding of shares for tax obligations and a sale of shares to cover tax obligations.

Summary

  • On September 5, 2024, Dynatrace withheld 10,087 common stock shares from Bernd Greifeneder to satisfy tax obligations related to the vesting of RSUs and PSUs at a price of $49.27 per share.
  • On September 6, 2024, Bernd Greifeneder sold 26 shares of common stock at a price of $49.4813 per share to cover tax withholding obligations resulting from the vesting of RSUs.
  • Following these transactions, Greifeneder directly owns 1,059,292 shares of Dynatrace common stock and indirectly owns 1,970 shares through a spouse.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions related to tax obligations, which is neutral in sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's perspective on the company's valuation and future prospects.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they are related to tax obligations and involve a small number of shares relative to the total outstanding shares.

Key Dates

DateDescription
09/05/202410,087 shares withheld by Dynatrace to satisfy tax obligations upon vesting of RSUs and PSUs.
09/06/202426 shares sold to cover tax withholding obligations resulting from the vesting of RSUs.
09/09/2024Date of signature by power of attorney.

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