Form 4: Dynatrace SVP, Chief Accounting Officer Daniel S. Yates Reports Stock Disposal for Tax Obligations
SEC Filing
Daniel S. Yates, SVP, Chief Accounting Officer of Dynatrace, Inc., disposed of 1,765 shares of common stock to cover tax withholding obligations upon RSU vesting on October 15, 2024.
Summary
- On October 15, 2024, Daniel S. Yates, the SVP, Chief Accounting Officer of Dynatrace, Inc., disposed of 1,765 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
- The shares were disposed of at a price of $53.68 per share.
- Following the transaction, Yates directly owns 53,273 shares of Dynatrace, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment. It's a neutral event.
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.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Date of transaction: Disposal of shares to cover tax obligations. |
| 10/21/2024 | Date of signature on the report. |
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