Possible new Dynatrace shares
DTDilution
Known so far: no new shares from the prospectus covers read · shelf not limited by the baby-shelf rule · not yet read: converts, ATM.
Shelf room
- Room today not capped by the baby-shelf rule ($14.6B float, Sep 30, 2025)
How this is worked out
Shelf room on the S-3ASR of Nov 15, 2023: not limited by the baby-shelf rule, because the $14.6B public float stated as of Sep 30, 2025 is $75M or more. Sources: S-3ASR Nov 15, 2023, effective Nov 15, 2023 · public float, as of Sep 30, 2025.
What could become new Dynatrace (DT) shares: warrants and options and RSUs, each with the 10-Q, 10-K, S-3 or 424B filing it comes from.
Dynatrace dilution ladder
Every source of new shares on record, from the filings that created it.
286.9M outstanding; up to 302.1M fully diluted, +5%
- Outstandingas of Oct 30, 2026 (10-Q filed Nov 3) · share count on the cover page286.9M
- +10.2M
- +4.9M
Not stated in the filings we read: an ATM program, convertible notes.
Counts, sizes and prices as stated in each filing; the fully diluted count is arithmetic on them. Dollars become shares only at a price a filing states. Not advice.
Financing terms to know
None found in filings since Nov 3, 2026.
Each term is quoted from the exhibit it comes from; numbers are as stated in the filing. A flag describes a financing term. It is not investment advice.
Shares outstanding
287M
Jan 2025 to Oct 2026: from 299M to 287M.
From the share count on the cover of each 10-Q and 10-K, dated as each cover states.
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