Form 4: PagerDuty CFO Howard Wilson Reports Stock Transactions

Chief Financial Officer of PagerDuty, Howard Wilson, reports acquisition and disposal of company stock, including shares withheld for tax obligations.

Summary

• Howard Wilson, the CFO of PagerDuty, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On April 2, 2025, Wilson acquired 174,737 shares of common stock through restricted stock units.
• The filing also reports the disposal of shares to cover tax obligations related to the vesting of restricted stock units and performance stock units.
• Specifically, 1,612 shares, 3,409 shares, 4,552 shares, 5,755 shares and 7,527 shares were disposed of at a price of $18.31 per share to cover these tax obligations.
• Following these transactions, Wilson directly owns 816,904 shares of PagerDuty common stock and indirectly owns 50 shares through his spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation and tax obligations. The acquisition of shares through restricted stock units is a slightly positive signal, but the disposal of shares for tax purposes is a neutral event.

Positives

• The acquisition of 174,737 shares through restricted stock units suggests confidence in the company's future performance.

Negatives

• The disposal of shares to cover tax obligations, while routine, represents a reduction in Wilson's holdings.

Industry Context

Form 4 filings are a standard part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Form 4, PagerDuty, Howard Wilson, CFO, Stock, Restricted Stock Units, Beneficial Ownership, Tax Obligations