Form 4: PagerDuty CFO Howard Wilson Reports Acquisition of 44,462 Shares of Common Stock

PagerDuty's Chief Financial Officer, Howard Wilson, reports acquiring 44,462 shares of common stock on March 27, 2025, and also reports disposing of 50 shares indirectly owned by spouse.

Summary

• On March 27, 2025, Howard Wilson, the Chief Financial Officer of PagerDuty, Inc., acquired 44,462 shares of common stock.
• These shares were obtained through the earning of performance stock units (PSUs) from an award granted on April 2, 2024, based on the achievement of certain performance conditions.
• The PSUs convert to time-based units, with 1/3 vesting on April 2, 2025, and the remaining units vesting in equal quarterly installments thereafter.
• Following the transaction, Wilson directly owns 647,188 shares of PagerDuty common stock.
• Wilson also disposed of 50 shares indirectly owned by spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CFO acquiring shares is generally a good sign, but it's part of a pre-existing compensation plan.

Positives

• The acquisition of shares by the CFO could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The remaining PSUs will vest in eight quarterly installments after April 2, 2025, subject to continuous service.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

PagerDuty, Howard Wilson, CFO, Form 4, Beneficial Ownership, Stock Acquisition, Performance Stock Units, PD