Dynatrace Files 8-K: Board Changes and Executive Compensation Updates

Ticker: DT · Form: 8-K · Filed: 2024-09-04T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-compensation, board-of-directors

TL;DR

Dynatrace 8-K: Board shakeup and exec pay changes filed 9/4.

AI Summary

Dynatrace, Inc. filed an 8-K on September 4, 2024, reporting changes in its board of directors and executive compensation arrangements. The filing indicates the election of new directors and potential adjustments to compensatory plans for its officers, effective September 3, 2024.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy, governance, or future performance expectations.

Risk Assessment

Risk Level: low — This filing primarily concerns corporate governance and executive compensation, which typically have a low direct impact on immediate business operations.

Key Players & Entities

FAQ

What specific changes were made to Dynatrace's board of directors?

The filing indicates the election of directors, but the specific names and details of any departures or new appointments are not detailed in the provided excerpt.

What are the key aspects of the compensatory arrangements mentioned?

The filing refers to 'Compensatory Arrangements of Certain Officers' but does not provide specific details on the nature or terms of these arrangements in the excerpt.

What is the significance of the 'Regulation FD Disclosure' item?

This item indicates that the filing may contain disclosures intended to prevent the selective disclosure of material non-public information, ensuring fair disclosure to all investors.

What is the filing date of this 8-K report?

The 8-K report was filed on September 4, 2024.

What is the principal executive office address for Dynatrace, Inc.?

The address of the principal executive offices is 1601 Trapelo Road, Suite 116, Waltham, Massachusetts 02451.

From the Filing

0001773383-24-000180.txt : 20240904 0001773383-24-000180.hdr.sgml : 20240904 20240904161918 ACCESSION NUMBER: 0001773383-24-000180 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240903 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240904 DATE AS OF CHANGE: 20240904 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Dynatrace, Inc. CENTRAL INDEX KEY: 0001773383 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39010 FILM NUMBER: 241277882 BUSINESS ADDRESS: STREET 1: 1601 TRAPELO ROAD, SUITE 116 CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 781-530-1000 MAIL ADDRESS: STREET 1: 1601 TRAPELO ROAD, SUITE 116 CITY: WALTHAM STATE: MA ZIP: 02451 FORMER COMPANY: FORMER CONFORMED NAME: Dynatrace Holdings LLC DATE OF NAME CHANGE: 20190410 8-K 1 dt-20240903.htm 8-K dt-20240903 0001773383 false 0001773383 2024-09-03 2024-09-03 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 3, 2024 DYNATRACE, INC. (Exact name of Registrant as specified in its charter) Delaware 001-39010 47-2386428 (State or other jurisdiction of incorporation) (Commission File Number)   (I.R.S. Employer Identification No.)   1601 Trapelo Road, Suite 116 Waltham, Massachusetts 02451 (Address of principal executive offices) (Zip Code) ( 781 ) 530-1000 Registrant's telephone number, including area code Not Applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.001 per share DT New York Stock Exchange Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Item 5.02. Departure of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 3, 2024, upon the recommendation of the Nominating and Corporate Governance Committee of Dynatrace, Inc. (the "Company"), the Board of Directors (the "Board") unanimously appointed Lisa Campbell as a Class III director, effective on September 4, 2024. Simultaneously with Ms. Campbell's appointment, the Board increased its size from seven to eight directors. The term of the Company’s Class III directors, including Ms. Campbell, expires at the Company's annual meeting of stockholders to be

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