PagerDuty (NYSE: PD) director Murthy Rathi receives 21,816 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Murthy Rathi reported acquisition or exercise transactions in this Form 4 filing.
PagerDuty, Inc. director Murthy Rathi reported receiving an equity award in the form of 21,816 Restricted Stock Units under the company’s Non-Employee Director Compensation policy. Each unit represents a right to receive one share of common stock at no purchase price.
The RSUs will fully vest on the earlier of the first anniversary of the grant date or immediately before the next annual stockholder meeting, as long as Rathi continues serving as a director. Following this grant, Rathi holds 66,424 shares of common stock, a portion of which consists of unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Murthy Rathi
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,816 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 66,424 shares (Direct, null)
Footnotes (1)
- Represents 21,816 Restricted Stock Units acquired pursuant to the Issuer's Non-Employee Director Compensation policy. Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of the Issuer and has no expiration date. The shares underlying the Restricted Stock Unit award shall fully vest on the earlier of the first anniversary of the grant date or immediately prior to the next Annual Meeting of stockholders, subject to Directors' continuous service to the Issuer on such date. A portion of these shares represent Restricted Stock Units.
Key Figures
RSUs granted: 21,816 units
Grant price: $0.0000 per share
Shares held after grant: 66,424 shares
3 metrics
RSUs granted
21,816 units
Restricted Stock Units granted on June 18, 2026
Grant price
$0.0000 per share
RSU award under Non-Employee Director Compensation policy
Shares held after grant
66,424 shares
Total common stock holdings following the RSU award
Key Terms
Restricted Stock Units, Non-Employee Director Compensation policy, contingent right, Annual Meeting of stockholders
4 terms
Restricted Stock Units financial
"Represents 21,816 Restricted Stock Units acquired pursuant to the Issuer's Non-Employee Director Compensation policy."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Non-Employee Director Compensation policy financial
"Represents 21,816 Restricted Stock Units acquired pursuant to the Issuer's Non-Employee Director Compensation policy."
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of the Issuer"
Annual Meeting of stockholders financial
"shall fully vest on the earlier of the first anniversary of the grant date or immediately prior to the next Annual Meeting of stockholders"
FAQ
What did PagerDuty (PD) director Murthy Rathi report in this Form 4?
Murthy Rathi reported receiving 21,816 Restricted Stock Units as part of PagerDuty’s non-employee director compensation. Each RSU is a right to one share of common stock, increasing his total reported holdings to 66,424 shares after the grant.
When do Murthy Rathi’s new PagerDuty (PD) RSUs vest?
The 21,816 RSUs fully vest on the earlier of the first anniversary of the grant date or immediately before PagerDuty’s next annual stockholder meeting. Vesting requires Rathi’s continuous service as a director until the applicable vesting date.
Was Murthy Rathi’s PagerDuty (PD) transaction a market buy or sell?
The transaction was not a market buy or sell. It is coded as an “A” transaction, indicating a grant or award acquisition of 21,816 Restricted Stock Units under PagerDuty’s Non-Employee Director Compensation policy at a stated price of $0.0000 per share.