Form 4: PagerDuty Director Sells 266,667 Shares
Insider Transaction Report
PagerDuty Director Dan Alexandru Solomon sold 266,667 shares of common stock for a weighted average price of $13.35 per share under a pre-arranged trading plan.
Summary
- Dan Alexandru Solomon, a Director of PagerDuty, Inc. (PD), reported the sale of 266,667 shares of common stock.
- The transaction occurred on December 30, 2025.
- The shares were sold at a weighted average price of $13.35 per share, with individual transaction prices ranging from $13.23 to $13.42.
- The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Solomon on September 30, 2025.
- Following this transaction, Mr. Solomon beneficially owns 2,389,665 shares of PagerDuty common stock, which includes a portion representing restricted stock units.
Sentiment
Score: 5
Explanation: The filing reports a pre-planned insider stock sale under a Rule 10b5-1 plan, which is generally considered a neutral event as it is not indicative of new information or a change in management's outlook.
Stakeholder Impact
- Shareholders: A director's sale, even if pre-planned under a 10b5-1 plan, can sometimes be perceived as a minor signal, though the pre-arranged nature mitigates concerns about immediate market timing.
Key Dates
| Date | Description |
|---|---|
| 09/30/2025 | Date 10b5-1 trading plan was adopted by Dan Alexandru Solomon. |
| 12/30/2025 | Date of common stock transaction by Dan Alexandru Solomon. |
| 12/31/2025 | Date the Form 4 was signed. |
Keywords
PagerDuty, PD, Form 4, insider trading, stock sale, director, beneficial ownership, 10b5-1 plan
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