Form 4: PagerDuty Director Dan Alexandru Solomon Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Dan Alexandru Solomon, a director at PagerDuty, Inc., reported the disposal of shares to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On October 2, 2024, Dan Alexandru Solomon, a director of PagerDuty, Inc., disposed of 6,785 shares of common stock to satisfy a tax obligation.
- The shares were withheld by the issuer at a price of $17.97 per share.
- Following the transaction, Solomon directly owns 2,784,645 shares of PagerDuty, Inc., which includes restricted stock units.
Sentiment
Score: 5
Explanation: The document reports a routine transaction related to tax obligations, which is neutral in sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of stock disposal for tax obligation. |
| 10/04/2024 | Date of Form 4 filing. |
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