PagerDuty Executive Chair has shares withheld for taxes
PagerDuty, Inc. Executive Chair Jennifer Tejada reported a tax-related share disposition tied to equity compensation.
Rhea-AI Filing Summary
PagerDuty, Inc. Executive Chair Jennifer Tejada reported a tax-related share disposition tied to equity compensation. On July 2, 2026, 71,210 shares of common stock were automatically withheld by the company at $9.98 per share to satisfy a tax obligation from vested restricted stock units. After this tax-withholding disposition, Tejada directly owned 1,678,251 common shares, a portion of which are restricted stock units. She also reported indirect holdings through several trusts, including 171,870 shares held by the Langford Island Trust and additional blocks held by various 2024 and 2025 Grantor Retained Annuity Trusts. The reported activity reflects compensation-related share withholding rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 71,210 shares
Exercise Price or Tax Liability
8 txns
Insider
Tejada Jennifer
Role
Executive Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 71,210 | $9.98 | $711K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,678,251 shares (Direct);
Common Stock — 4,456 shares (Indirect, By Jennifer Tejada, as Trustee of the Tejada 2024 Grantor Retained Annuity Trust - I);
Common Stock — 4,456 shares (Indirect, By Jennifer Tejada, as Trustee of the Tejada 2024 Grantor Retained Annuity Trust - II);
Common Stock — 11,527 shares (Indirect, By Jennifer Tejada, as Trustee of the Tejada 2024 Grantor Retained Annuity Trust - III);
Common Stock — 11,527 shares (Indirect, By Jennifer Tejada, as Trustee of the Tejada 2024 Grantor Retained Annuity Trust - IV);
Common Stock — 31,368 shares (Indirect, By Jennifer Tejada, as Trustee of the Tejada 2025 Grantor Retained Annuity Trust - I);
Common Stock — 31,368 shares (Indirect, By Jennifer Tejada, as Trustee of the Tejada 2025 Grantor Retained Annuity Trust - II);
Common Stock — 171,870 shares (Indirect, By Jennifer Tejada, as Trustee of the Langford Island Trust)
Footnotes (2)
- F1. Represents shares automatically withheld by the Issuer to satisfy a tax obligation realized by the reporting person upon the vesting and settlement of restricted stock units.
- F2. A portion of these shares represent restricted stock units.
Key Figures
Tax-withheld shares: 71,210 shares
Withholding price: $9.98 per share
Direct holdings after transaction: 1,678,251 shares
+5 more
8 metrics
Tax-withheld shares
71,210 shares
Automatically withheld to satisfy tax obligation on RSU vesting
Withholding price
$9.98 per share
Price at which 71,210 shares were delivered to issuer
Direct holdings after transaction
1,678,251 shares
Common stock directly owned by Jennifer Tejada following tax withholding
Langford Island Trust holdings
171,870 shares
Indirect ownership as trustee of the Langford Island Trust
2025 GRAT II holdings
31,368 shares
Indirect ownership via Tejada 2025 Grantor Retained Annuity Trust - II
2025 GRAT I holdings
31,368 shares
Indirect ownership via Tejada 2025 Grantor Retained Annuity Trust - I
2024 GRAT IV holdings
11,527 shares
Indirect ownership via Tejada 2024 Grantor Retained Annuity Trust - IV
2024 GRAT I holdings
4,456 shares
Indirect ownership via Tejada 2024 Grantor Retained Annuity Trust - I
Key Terms
restricted stock units, Grantor Retained Annuity Trust, tax obligation, tax-withholding disposition
4 terms
restricted stock units financial
"vesting and settlement of restricted stock units"
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.
Grantor Retained Annuity Trust financial
"Tejada 2025 Grantor Retained Annuity Trust - II"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
tax obligation financial
"to satisfy a tax obligation realized by the reporting person"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PagerDuty (PD) report for Jennifer Tejada?
PagerDuty reported a tax-withholding share disposition for Jennifer Tejada. The company automatically withheld common shares to cover taxes triggered by the vesting and settlement of restricted stock units, rather than executing an open-market purchase or sale of stock.
Are Jennifer Tejada’s reported transactions in PagerDuty (PD) open-market trades?
No, the reported disposition reflects tax withholding, not an open-market trade. Shares were automatically withheld by PagerDuty to satisfy taxes on vested restricted stock units, according to the footnote, rather than bought or sold on the open market.
What indirect PagerDuty (PD) holdings are reported for Jennifer Tejada?
Tejada reports several indirect holdings through trusts. These include 171,870 shares held by the Langford Island Trust and additional blocks of 31,368, 11,527, and 4,456 shares in multiple 2024 and 2025 Grantor Retained Annuity Trusts where she serves as trustee.
What does the F transaction code mean for this PagerDuty (PD) Form 4?
The F code indicates a tax-withholding disposition of shares. In this case, PagerDuty withheld 71,210 shares from Jennifer Tejada at vesting of restricted stock units to pay the associated tax obligation, instead of collecting cash.
AI-generated analysis. How Rhea-AI works. Not financial advice.
