40,946 RSUs granted to PagerDuty, Inc. (PD) board member
Rhea-AI Filing Summary
Shootman Alex reported acquisition or exercise transactions in this Form 4 filing.
PagerDuty, Inc. director Alex Shootman received a grant of 40,946 restricted stock units on 2026-07-14 under the company’s Non-Employee Director compensation policy. Each unit represents a contingent right to one share of common stock, vesting in three annual installments on each grant-date anniversary, subject to continuous service, with 40,946 units reported as directly held after the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shootman Alex
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 40,946 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 40,946 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock units granted: 40,946 units
Transaction price per share: $0.0000
Units following transaction: 40,946 units
+1 more
4 metrics
Restricted stock units granted
40,946 units
Equity award to director Alex Shootman on 2026-07-14
Transaction price per share
$0.0000
Grant of restricted stock units under Non-Employee Director compensation policy
Units following transaction
40,946 units
Direct holdings reported after the grant
Vesting installments
3 annual installments
RSUs vest on each anniversary of the grant date, subject to continuous service
Key Terms
restricted stock units, Non-Employee Director compensation policy, contingent right to receive one share, continuous service
4 terms
restricted stock units financial
"Represents 40,946 restricted stock units acquired pursuant to the Issuer's"
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
"acquired pursuant to the Issuer's Non-Employee Director compensation policy"
continuous service financial
"subject to continuous service to the Issuer on such date"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did PagerDuty (PD) director Alex Shootman report in this filing?
A PagerDuty director reported receiving an equity award of 40,946 restricted stock units on 2026-07-14. The grant was made under the company’s Non-Employee Director compensation policy and is reported as directly held, with no cash paid per share for the award.
How many restricted stock units did PagerDuty (PD) grant to Alex Shootman?
PagerDuty granted 40,946 restricted stock units to director Alex Shootman. Each restricted stock unit represents a contingent right to receive one share of the company’s common stock, providing equity-based compensation rather than a cash salary component for his board service.
What is the vesting schedule for Alex Shootman’s PagerDuty (PD) restricted stock units?
The 40,946 restricted stock units vest in three annual installments on each anniversary of the grant date. Vesting is conditioned on Alex Shootman’s continuous service to PagerDuty through each vesting date, aligning his compensation with ongoing board tenure.
How many PagerDuty (PD) equity units does Alex Shootman hold after this grant?
Following this grant, 40,946 units are reported as directly held for Alex Shootman. These units consist of restricted stock units representing contingent rights to receive common shares, reflecting his reported equity position associated with this compensation award.
Do the restricted stock units granted to PagerDuty (PD) director Alex Shootman have an expiration date?
The filing states that the restricted stock units have no expiration date. They remain outstanding subject to the three-installment vesting schedule and the requirement that Alex Shootman maintain continuous service to PagerDuty through each vesting anniversary.