Form 4: PagerDuty Director Dan Alexandru Solomon Reports Tax-Related Stock Disposals
SEC Form 4 Filing
Dan Alexandru Solomon, a director at PagerDuty, Inc., reported the disposal of common stock to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On April 2, 2025, Dan Alexandru Solomon, a director of PagerDuty, Inc., disposed of 408 and 366 shares of common stock to satisfy tax obligations.
- The transactions were executed at a price of $18.31 per share.
- Following these transactions, Solomon beneficially owns 2,645,676 and 2,645,310 shares of PagerDuty common stock.
- A portion of these shares represent restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates the director sold shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The disposal of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the disposal.
Key Dates
| Date | Description |
|---|---|
| 04/02/2025 | Date of stock disposal transactions. |
| 04/04/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, PagerDuty, Director, Stock Disposal, Tax Obligations, Restricted Stock Units, Beneficial Ownership, PD, Solomon
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