Dynatrace adds two directors after activist Starboard engagement, commits to 'Rule of 50' by FY2029

Filed July 1, 2026 · Period ending June 30, 2026 · ~1 min read

Key Changes

• high

  Board expanded from 8 to 10 directors with George Riedel (Class I) and Dan Streetman (Class II, Tanium CEO) following collaborative discussions with activist investor Starboard Value LP.

  Item 5.02 verify on EDGAR →
• high

  Company will hold Investor Day after Q2 FY2027 earnings to outline path to 'Rule of 50' (ARR growth + operating margin) by fiscal 2029 and present capital return framework under existing $1B buyback authorization.

  Exhibit 99.1 verify on EDGAR →
• medium

  Starboard disclosed investment thesis: Dynatrace positioned to benefit from enterprise AI adoption with opportunities for revenue growth, margin expansion, and increased capital returns.

  Exhibit 99.1 verify on EDGAR →