Zugelder Dan, EVP and Chief Revenue Officer at Dynatrace (DT), has filed 56 Form 4 transactions, all in that single company. The pattern is one-sided. His total sell value is $2,970,703.29, and his total buy value is zero. There are no open-market purchases (code P) in the record, and no sales back to the issuer (code D) either.
The recent activity, concentrated on September 5, 2026, and June 5, 2026, consists entirely of option exercises (code M) paired with shares withheld to cover taxes (code F). The M transactions carry a value of zero, meaning the exercise price equaled the market price at execution. The F transactions, which are automatic and not discretionary, account for the dollar figures. On September 5, the withheld values were $73,023.30, $106,758.30, $107,433, $83,766.60, and $166,131.90. On June 5, the values were larger: $233,859.17, $341,949.95, $85,476.94, $87,333.30, $68,094.66, $135,008, and $294,190.87. A single grant (code A) also appears on June 5 with a value of zero.
The data shows no buying bias. Zugelder has not purchased shares on the open market in any of the 56 filings. The selling that appears in the dollar totals is not open-market selling; it is the mechanical consequence of exercising options and having shares withheld for tax obligations. The recent direction, through the end of the reported period, is a series of exercises and tax withholdings clustered on two vesting dates, with no new open-market activity in either direction.
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