Form 4: Dynatrace Executive James M. Benson Reports Stock Disposal to Cover Tax Obligations

EVP, CFO, and Treasurer of Dynatrace, James M. Benson, disposed of shares to cover tax obligations arising from the vesting of RSUs and PSUs.

Summary

• On March 5, 2025, James M. Benson, EVP, CFO, and Treasurer of Dynatrace, Inc., disposed of 3,084 shares of common stock.
• The shares were withheld by the issuer to satisfy the reporting person's tax withholding obligations upon the vesting of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
• The transaction was executed at a price of $56.15 per share.
• Following the transaction, Benson directly owns 335,920 shares of Dynatrace common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of positive or negative sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes. This transaction is a routine occurrence related to tax obligations on vested equity.

Comparison to Industry Standards

• Executive compensation packages often include stock options, RSUs, and PSUs, which vest over time.
• Upon vesting, these equity awards are subject to income tax, and it is common for companies to withhold shares to cover these tax obligations.
• Companies like Datadog, New Relic, and Splunk also utilize similar equity compensation strategies for their executives.
• The number of shares withheld for taxes is generally proportional to the executive's income tax bracket and the value of the vested shares.

Stakeholder Impact

• The transaction has a minimal impact on shareholders, as it is a routine disposal of shares to cover tax obligations.
• The transaction does not directly affect employees, customers, suppliers, or creditors.

Key Dates