PagerDuty (PD) CEO John DiLullo receives 824,499 restricted stock units
Rhea-AI Filing Summary
PagerDuty, Inc. reported that Chief Executive Officer John D. DiLullo received a grant of 824,499 shares of Common Stock in the form of restricted stock units under the company’s 2019 Equity Incentive Plan. This is a compensation award rather than an open‑market purchase.
The award was granted on May 11, 2026 and vests over four years. Twenty‑five percent of the shares vest on April 2, 2027, with the remaining 75% vesting in twelve equal quarterly installments after that date. Each restricted stock unit converts into one share of Common Stock as it vests, and DiLullo’s reported direct holdings after this grant total 824,499 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 824,499 | $0.00 | -- |
Footnotes (1)
- Represents 824,499 restricted stock units granted on May 11, 2026 pursuant to the Issuer's 2019 Equity Incentive Plan. The award vests over four years, with 25% of shares vesting on April 2, 2027 and the remaining 75% of shares vesting in twelve (12) equal quarterly installments thereafter. Each restricted stock unit represents a contingent right to receive one share of Common Stock of the Issuer. A portion of these shares represent restricted stock units.
Key Figures
Key Terms
restricted stock units financial
2019 Equity Incentive Plan financial
vesting financial
contingent right financial
FAQ
What did PagerDuty (PD) CEO John DiLullo report in this Form 4?
John DiLullo reported receiving 824,499 restricted stock units as an equity compensation grant. The units were granted under PagerDuty’s 2019 Equity Incentive Plan and will convert into Common Stock over time as they vest, rather than reflecting any open‑market share purchase.
When do John DiLullo’s new PagerDuty (PD) RSUs vest?
The RSUs vest over four years. Twenty‑five percent of the shares vest on April 2, 2027. The remaining 75% vest in twelve equal quarterly installments after that date, aligning the CEO’s equity compensation with multi‑year service and performance at PagerDuty.
What plan governs the CEO’s new PagerDuty (PD) equity award?
The restricted stock units were granted under PagerDuty’s 2019 Equity Incentive Plan. This plan provides for stock‑based compensation to executives and employees, and the footnote specifies that each RSU converts into one share of Common Stock upon vesting under the plan’s terms.