Form 4: Dynatrace Executive Daniel S. Yates Reports Stock Transaction

Daniel S. Yates, SVP, Chief Accounting Officer of Dynatrace, Inc., reports the disposal of 804 shares to cover tax obligations related to vesting PSUs on September 5, 2024.

Summary

• On September 5, 2024, Daniel S. Yates, the SVP, Chief Accounting Officer of Dynatrace, Inc., disposed of 804 shares of common stock.
• The transaction was executed to cover tax withholding obligations upon the vesting of Performance Share Units (PSUs).
• The shares were disposed of at a price of $49.27 per share.
• Following the transaction, Yates directly owns 55,038 shares of Dynatrace, Inc.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for all publicly traded companies in the United States.
• The details disclosed in this filing are consistent with what is expected for insider transactions, such as the number of shares, transaction date, and price.
• Comparable companies such as Datadog, New Relic, and Splunk also have similar filings when their executives trade company stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by an executive to cover tax obligations.

Key Dates