Form 4: Dynatrace Executive Matthias Dollentz-Scharer Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Matthias Dollentz-Scharer, EVP and Chief Customer Officer of Dynatrace, Inc., disposed of shares to cover tax withholding obligations related to vesting RSUs and PSUs.
Summary
- On May 15, 2024, Matthias Dollentz-Scharer, EVP and Chief Customer Officer of Dynatrace, Inc., reported a transaction involving the disposal of 2,048 shares of common stock.
- The shares were withheld by the issuer to satisfy the reporting person's tax withholding obligations upon the vesting of RSUs and PSUs.
- The transaction was executed at a price of $47.75 per share.
- Following the transaction, Dollentz-Scharer beneficially owns 68,522 shares of Dynatrace, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation and tax obligations. This filing provides transparency into the transactions of Dynatrace's executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of the transaction where shares were disposed of to cover tax obligations. |
| 05/17/2024 | Date of signature for the report. |
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