Form 4: Dynatrace SVP Yates Reports RSU Vesting & Tax Withholding

Dynatrace's SVP, Chief Accounting Officer, Daniel S. Yates, reported the vesting of restricted stock units and subsequent share withholdings for tax obligations on December 5, 2025.

Summary

• Daniel S. Yates, SVP, Chief Accounting Officer of Dynatrace, Inc. (DT), reported transactions involving common stock and restricted stock units on December 5, 2025.
• Acquired 2,410 shares of Common Stock upon the vesting of Performance Restricted Stock Units (Financial) granted on October 15, 2023.
• Disposed of 1,166 shares of Common Stock at a price of $44.45 per share to satisfy tax withholding obligations related to the RSU vesting.
• Acquired 561 shares of Common Stock upon the vesting of Performance Restricted Stock Units (Financial) granted on June 5, 2024.
• Disposed of 272 shares of Common Stock at a price of $44.45 per share to satisfy tax withholding obligations related to the RSU vesting.
• Acquired 719 shares of Common Stock upon the vesting of Restricted Stock Units granted on June 5, 2024.
• Disposed of 348 shares of Common Stock at a price of $44.45 per share to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Daniel S. Yates directly beneficially owns 25,284 shares of Dynatrace Common Stock.
• Holds 4,818 Performance Restricted Stock Units (Financial) from the October 15, 2023 grant, 3,358 Performance Restricted Stock Units (Financial) from the June 5, 2024 grant, and 4,309 Restricted Stock Units from the June 5, 2024 grant.

Sentiment

Score: 5

Explanation: This is a neutral, routine insider transaction reporting the vesting of executive compensation and associated tax withholdings. It does not indicate any significant positive or negative operational or financial news for the company.

Positives

• The vesting of restricted stock units indicates continued employment and achievement of performance conditions, if applicable, for the reporting person.
• The acquisition of common stock through RSU vesting increases the reporting person's direct ownership in Dynatrace, aligning interests with shareholders.

Negatives

• A portion of the vested shares was withheld by the issuer to cover tax withholding obligations, resulting in a reduction of the total shares acquired.

Future Outlook

Remaining balances of Performance Restricted Stock Units (Financial) and Restricted Stock Units are scheduled to vest in equal quarterly installments until fully vested on June 5, 2026, and June 5, 2027, respectively, contingent upon the reporting person's continued employment.

Industry Context

This is a routine insider transaction reporting the vesting of equity compensation, a common practice across publicly traded companies to incentivize and retain key executives. The structure of RSUs and PSUs with vesting schedules tied to continued employment and financial performance is standard in the technology and software industry.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) and Performance Restricted Stock Units (PSUs) as a component of executive compensation is a standard practice, comparable to compensation structures at companies like Salesforce, Microsoft, or Adobe, which also heavily utilize equity awards to align executive interests with long-term shareholder value.
• The withholding of shares to cover tax obligations upon vesting is a common and efficient method for executives to manage tax liabilities associated with equity compensation, consistent with practices observed across the S&P 500.

Stakeholder Impact

• Shareholders: The transaction is a routine compensation event and does not directly impact the company's operational performance or financial health. It reflects standard executive incentive alignment.
• Employees: The vesting of RSUs is a common component of executive compensation, signaling continuity in the company's incentive programs.

Next Steps

• Future vesting of remaining Performance Restricted Stock Units (Financial) from the October 15, 2023 grant until June 5, 2026.
• Future vesting of remaining Performance Restricted Stock Units (Financial) from the June 5, 2024 grant until June 5, 2027.
• Future vesting of remaining Restricted Stock Units from the June 5, 2024 grant until June 5, 2027.

Key Dates

Keywords

Dynatrace, DT, Form 4, insider transaction, RSU vesting, restricted stock units, executive compensation, stock ownership, Daniel S. Yates