Form 4: PagerDuty CFO Howard Wilson Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Howard Wilson, CFO of PagerDuty, Inc., reports the disposal of shares to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On July 2, 2024, Howard Wilson, the Chief Financial Officer of PagerDuty, Inc., disposed of 18,190 shares of common stock to satisfy a tax obligation.
- The shares were withheld by the issuer at a price of $22.14 per share.
- Following the transaction, Wilson directly owns 606,310 shares and indirectly owns 50 shares through a spouse.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/02/2024 | Date of stock disposal transaction |
| 07/05/2024 | Date of signature for the Form 4 filing |
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