Form 4: PagerDuty Executive Shelley Webb Reports Stock Transaction
SEC Form 4 Filing
Shelley Webb, Chief Legal and People Officer at PagerDuty, reports a transaction involving the withholding of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- Shelley Webb, Chief Legal and People Officer of PagerDuty, filed a Form 4 with the SEC.
- The filing reports a transaction on January 2, 2025, where 9,571 shares of common stock were disposed of to cover tax obligations.
- The shares were withheld by the issuer at a price of $18 per share.
- Following the transaction, Webb beneficially owns 207,001 shares of PagerDuty common stock, a portion of which are restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing reporting a standard transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of stock transaction (disposal of shares for tax obligations). |
| 01/06/2025 | Date of signature for the Form 4 filing. |
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