FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Zugelder Dan

(Last) (First) (Middle)
C/O DYNATRACE, INC.
280 CONGRESS STREET, 11TH FLOOR

(Street)
BOSTON MA 02210

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Dynatrace, Inc. [ DT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Revenue Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/05/2026   M (1)   13,918 A (1) 41,518 D  
Common Stock 06/05/2026   F (2)   6,973 D $ 42.19 34,545 D  
Common Stock 06/05/2026   M (1)   6,387 A (1) 40,932 D  
Common Stock 06/05/2026   F (2)   3,200 D $ 42.19 37,732 D  
Common Stock 06/05/2026   M (1)   3,221 A (1) 40,953 D  
Common Stock 06/05/2026   F (2)   1,614 D $ 42.19 39,339 D  
Common Stock 06/05/2026   M (1)   4,130 A (1) 43,469 D  
Common Stock 06/05/2026   F (2)   2,070 D $ 42.19 41,399 D  
Common Stock 06/05/2026   M (1)   4,043 A (1) 45,442 D  
Common Stock 06/05/2026   F (2)   2,026 D $ 42.19 43,416 D  
Common Stock 06/05/2026   M (1)   16,177 A (1) 59,593 D  
Common Stock 06/05/2026   F (2)   8,105 D $ 42.19 51,488 D  
Common Stock 06/05/2026   M (1)   11,063 A (1) 62,551 D  
Common Stock 06/05/2026   F (2)   5,543 D $ 42.19 57,008 (3) D  
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Restricted Stock Units (Financial) (1) 06/05/2026   M     13,918   (4)   (1) Common Stock 13,918 $ 0 0 D  
Restricted Stock Units (1) 06/05/2026   M     6,387   (5)   (1) Common Stock 6,387 $ 0 25,550 D  
Performance Restricted Stock Units (Financial) (1) 06/05/2026   M     3,221   (6)   (1) Common Stock 3,221 $ 0 12,883 D  
Restricted Stock Units (1) 06/05/2026   M     4,130   (7)   (1) Common Stock 4,130 $ 0 16,520 D  
Performance Restricted Stock Units (rTSR) (1) 06/05/2026   M     4,043   (8)   (1) Common Stock 4,043 $ 0 0 D  
Restricted Stock Units (1) 06/05/2026   M     16,177   (9)   (1) Common Stock 16,177 $ 0 32,843 D  
Performance Restricted Stock Units (Financial) (1) 06/05/2026   M     11,063   (10)   (1) Common Stock 11,063 $ 0 22,459 D  
Restricted Stock Units (1) 06/05/2026   A   61,034     (11)   (1) Common Stock 61,034 $ 0 61,034 D  
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units do not expire. They either vest or are cancelled prior to the vesting date.
2. Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting of restricted stock units.
3. The number of securities reported reflects the acquisition on June 5, 2026 of 558 shares of Common Stock pursuant to the Issuer's Employee Stock Purchase Plan ("ESPP") for the ESPP offering period of December 6, 2025 through June 5, 2026.
4. Represents the vesting of restricted stock units based on financial performance ("Financial PSUs") granted on July 15, 2023 under the Issuer's 2019 Equity Incentive Plan, as amended (the "Plan"). 33% of the Financial PSUs granted vested on June 5, 2024 and the balance of the Financial PSUs vested in equal quarterly installments thereafter until fully vested on June 5, 2026.
5. Represents the vesting of time-based restricted stock units ("RSUs") granted on July 15, 2023 under the Plan. 12.5% of the RSUs granted vested on December 5, 2023 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2027, subject to the Reporting Person's continued employment on the applicable vesting dates.
6. Represents the vesting of Financial PSUs granted on June 5, 2024 under the Plan. 33% of the Financial PSUs granted vested on June 5, 2025 and the balance of the Financial PSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2027, subject to the Reporting Person's continued employment on the applicable vesting dates.
7. Represents the vesting of RSUs granted on June 5, 2024 under the Plan. 33% of the RSUs granted vested on June 5, 2025 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2027, subject to the Reporting Person's continued employment on the applicable vesting dates.
8. Represents the vesting of restricted stock units based on relative total stockholder return ("rTSR PSUs") granted on June 5, 2024 under the Plan. These rTSR PSUs were earned following certification by the Compensation Committee of the Board of Directors of the Issuer (the "Compensation Committee") of certain performance conditions related to relative total stockholder return for the two year performance period that started on April 1, 2024 and ended on March 31, 2026. All of these rTSR PSUs vested on June 5, 2026.
9. Represents the vesting of RSUs granted on June 5, 2025 under the Plan. 33% of the RSUs vested on June 5, 2026 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2028, subject to the Reporting Person's continued employment on the applicable vesting dates.
10. Represents the vesting of Financial PSUs granted on June 5, 2025 under the Plan and earned following certification by the Compensation Committee of certain financial performance results for the Issuer's fiscal year 2026 that started on April 1, 2025 and ended on March 31, 2026. 33% of the Financial PSUs vested on June 5, 2026, and the balance of the Financial PSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2028, subject to the Reporting Person's continued employment on the applicable vesting dates.
11. Represents the grant of RSUs under the Plan. 33% of these RSUs will vest on June 5, 2027 and the balance of the RSUs will vest in equal quarterly installments thereafter until fully vested on June 5, 2029, subject to the Reporting Person's continued employment on the applicable vesting dates.
/s/ Marc Gold, by power of attorney 06/09/2026
** Signature of Reporting Person Date
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* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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