I know I am bringing dead to life, but I figured it might help someone. I just spent a good amount of time on this so others don't have to.
We have DMS tbs where HWM is seriously out of reality with current data. Db2dart in this case was suggesting >>>> => EXPORT all data from table, drop the table, disconnect, reconnect, recreate the table, and LOAD the data back into the table.<<< as the only option. I know there are times where it tells you to reorg/deactivate and then possibly rebuild indexes. This was not the case.
Touching data should be the last thing on anyone’s mind. I have dropped and rebuild indexes and HWM were right were it should be.
In the cases where it told to do a reorg first, I have found no benefit of doing reorg what so ever. The only feasible and useful option is to rebuild indexes regardless what db2dart says.