Form 4: PagerDuty Executive Shelley Webb Reports Stock Transaction
SEC Form 4 Filing
Shelley Webb, Chief Legal and People Officer at PagerDuty, reports the disposal of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- Shelley Webb, the Chief Legal and People Officer of PagerDuty, filed a Form 4 with the SEC.
- The filing reports a transaction on October 2, 2024, where 12,839 shares of common stock were disposed of to cover tax obligations.
- The shares were withheld by the issuer at a price of $17.97 per share.
- Following the transaction, Webb beneficially owns 222,818 shares, a portion of which are restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to track the buying and selling activity of individuals with access to non-public information.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of stock transaction (disposal of shares for tax obligations). |
| 10/04/2024 | Date of signature on the Form 4 filing. |
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