Form 4: Dynatrace Executive Daniel Yates Reports RSU Vesting and Tax-Related Share Withholding

Dynatrace, Inc.'s SVP and Chief Accounting Officer, Daniel S. Yates, reported the vesting of 1,323 Restricted Stock Units and the subsequent withholding of 442 shares for tax obligations.

Summary

• Daniel S. Yates, SVP, Chief Accounting Officer of Dynatrace, Inc. (DT), reported transactions on July 15, 2025.
• 1,323 Restricted Stock Units (RSUs) vested, representing a contingent right to receive one share of Common Stock per RSU.
• Concurrently, 442 shares of Common Stock were disposed of by the Issuer at a price of $52.22 per share to satisfy tax withholding obligations upon the RSU vesting.
• Following these transactions, Daniel S. Yates beneficially owns 24,555 shares of Dynatrace Common Stock.
• Additionally, 11,902 Restricted Stock Units remain beneficially owned by Mr. Yates.

Sentiment

Score: 6

Explanation: The document reports a routine executive compensation event (RSU vesting and tax withholding). While not directly indicative of company performance, it reflects ongoing executive retention and standard compensation practices, which is mildly positive for corporate governance and stability.

Positives

• The vesting of Restricted Stock Units indicates continued compensation and retention of a key executive, Daniel S. Yates, aligning his interests with shareholders.
• The transaction is a routine part of executive compensation, reflecting the company's commitment to its long-term incentive plans.

Negatives

• The disposition of 442 shares, while for tax purposes, represents a reduction in the executive's direct shareholding, albeit a small percentage of his total beneficial ownership.

Future Outlook

The remaining Restricted Stock Units granted on October 15, 2023, are scheduled to vest in equal quarterly installments until fully vested on October 15, 2027, contingent upon Daniel S. Yates' continued employment.

Industry Context

This filing is a routine disclosure of an executive's equity compensation transaction, common across publicly traded companies in all industries, including the software and IT services sector where Dynatrace operates. It reflects standard practices for long-term incentive plans designed to align executive interests with shareholder value.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a form of executive compensation is a common practice among technology companies, aligning with industry standards for long-term incentives.
• The withholding of shares to cover tax obligations upon RSU vesting is a standard and efficient mechanism for managing executive compensation and tax liabilities, consistent with practices observed in companies like Microsoft, Salesforce, and Adobe.

Stakeholder Impact

• Shareholders: The transaction is a routine part of executive compensation, which is a standard cost of doing business. It aligns executive interests with long-term company performance.
• Employees: The RSU vesting demonstrates the company's commitment to its equity compensation programs, which can be a positive signal for employee retention and motivation.
• Management: Daniel S. Yates continues to hold a significant number of shares and RSUs, maintaining his vested interest in the company's success.

Next Steps

• The balance of the Restricted Stock Units granted on October 15, 2023, will continue to vest in equal quarterly installments until October 15, 2027, subject to Daniel S. Yates' continued employment.

Key Dates

Keywords

Dynatrace, DT, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Share Withholding, Executive Compensation, Daniel S. Yates, Chief Accounting Officer