Form 4: Dynatrace Executive James M. Benson Reports Stock Transaction
SEC Form 4 Filing
Dynatrace's EVP, CFO, and Treasurer, James M. Benson, disposed of 8,573 shares of common stock to cover tax obligations related to vesting RSUs.
Summary
- James M. Benson, EVP, CFO and Treasurer of Dynatrace, Inc., reported a transaction involving the company's common stock.
- On December 15, 2024, Mr. Benson disposed of 8,573 shares of Dynatrace common stock.
- The shares were disposed of at a price of $54.41 per share.
- This transaction was to cover tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
- Following the transaction, Mr. Benson directly owns 373,936 shares of Dynatrace common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.
Industry Context
This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when RSUs vest.
Comparison to Industry Standards
- Executive stock transactions are a common occurrence in publicly traded companies.
- The sale of shares to cover tax obligations is a standard practice for executives receiving stock-based compensation.
- Similar transactions are regularly reported by executives at comparable technology companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 12/15/2024 | Date of the stock transaction. |
| 12/17/2024 | Date the Form 4 was signed. |
Keywords
Dynatrace, stock transaction, insider trading, Form 4, James M. Benson, RSUs, tax withholding, executive compensation
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