Form 4: PagerDuty Executive Dan Alexandru Solomon Reports Stock Transaction
SEC Form 4 Filing
Dan Alexandru Solomon, Co-Founder & GM Mindstorm at PagerDuty, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On April 2, 2024, Dan Alexandru Solomon, Co-Founder & GM Mindstorm at PagerDuty, reported a transaction involving PagerDuty's common stock.
- The transaction involved the disposition of 1,119 shares to satisfy a tax obligation related to the vesting and settlement of restricted stock units.
- The price per share for the disposition was $21.62.
- Following the transaction, Solomon directly owns 2,792,410 shares of PagerDuty common stock, a portion of which are restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider stock activity.
Key Dates
| Date | Description |
|---|---|
| 04/02/2024 | Date of stock transaction (disposal of shares). |
| 04/04/2024 | Date of Form 4 filing. |
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