PagerDuty (PD) director reports 266,667-share sale under Rule 10b5-1 plan
Rhea-AI Filing Summary
PagerDuty, Inc. director reports planned stock sale under Rule 10b5-1 plan. A company director sold 266,667 shares of PagerDuty common stock on 12/30/2025, coded as an "S" transaction, at a weighted average price of $13.35 per share. The filing states the sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on September 30, 2025, which is designed to allow insiders to trade according to a preset schedule. The transactions occurred in multiple trades at prices between $13.23 and $13.42 per share. After this sale, the reporting person beneficially owns 2,389,665 PagerDuty shares, and a portion of this remaining amount consists of restricted stock units.
Positive
- None.
Negative
- None.
Insights
Routine Rule 10b5-1 sale by a PagerDuty director, with substantial holdings remaining.
The filing shows a PagerDuty, Inc. director executed a sale of 266,667 shares of common stock on 12/30/2025, using transaction code "S" for an open-market sale. The weighted average sale price was $13.35 per share, with individual trades occurring between $13.23 and $13.42. This level of detail helps clarify that the sale was executed across multiple transactions within a narrow price band.
The sale was carried out under a pre-established Rule 10b5-1 trading plan adopted on September 30, 2025, indicating the trades followed a preset schedule rather than being made opportunistically. After the reported transaction, the director beneficially owns 2,389,665 shares, and the notes state that a portion of these are restricted stock units, which typically vest over time and tie compensation to future company performance.
This type of Form 4 event is generally administrative and common for senior insiders managing their holdings and compensation. The filing does not quantify company-wide share counts or link the transaction to corporate events, so the overall business impact appears limited based on the information provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 266,667 | $13.35 | $3.56M |
Footnotes (1)
- The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on September 30, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.23 to $13.42 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this foot A portion of these shares represent restricted stock units.
FAQ
What insider transaction did PagerDuty (PD) disclose in this Form 4?
Was the PagerDuty (PD) insider sale made under a Rule 10b5-1 trading plan?
What is the reporting person’s relationship to PagerDuty (PD)?
Does this PagerDuty (PD) Form 4 include any derivative securities transactions?