Form 4: PagerDuty SVP Finance & CAO, Mitra Rezvan, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Mitra Rezvan, SVP Finance & CAO of PagerDuty, reports the disposition of 2,645 shares to cover tax obligations and an acquisition of 1,117 shares through the Employee Stock Purchase Plan.
Summary
- Mitra Rezvan, the SVP Finance & CAO of PagerDuty, filed a Form 4 detailing changes in beneficial ownership.
- On July 2, 2024, 2,645 shares of common stock were disposed of at a price of $22.14 to satisfy tax obligations related to the vesting and settlement of restricted stock units.
- The reporting person directly owns 117,924 shares following the reported transaction.
- This total includes 1,117 shares acquired through the Employee Stock Purchase Plan on June 14, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating neutral sentiment.
Positives
- The reporting person increased their holdings through the Employee Stock Purchase Plan.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their impact on company stock ownership.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| June 14, 2024 | 1,117 shares acquired under the Issuer's Employee Stock Purchase Plan |
| July 02, 2024 | 2,645 shares disposed of to satisfy tax obligations |
| July 05, 2024 | Date of signature for the Form 4 filing |
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