PagerDuty chair Jennifer Tejada sells 5,945 shares
The sale was made under a Rule 10b5-1 plan adopted September 10, 2025, in transactions priced from $18.00 to $18.05 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
PagerDuty, Inc. Executive Chair Jennifer Tejada exercised options for 3,000 shares of common stock at an exercise price of $7.43 per share on October 28, 2026, and sold 5,945 shares at a weighted average price of $18.0026 per share. The sale was made under a Rule 10b5-1 trading plan adopted September 10, 2025; sale prices ranged from $18.00 to $18.05 per share. The option position following the exercise was 710,084 shares, with an expiration date of July 9, 2028.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Tejada Jennifer
Role
Executive Chair
Sold
5,945 shs ($107K)
Approx. gross sale proceeds
$107K
Approx. exercise cost
$22K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F4 | 3,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 3,000 | $7.43 | $22K |
| Sale | Common Stock F1, F3, F2 | 5,945 | $18.0026 | $107K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 710,084 contracts (Direct);
Common Stock — 1,431,596 shares (Direct);
Common Stock — 171,870 shares (Indirect, By Jennifer Tejada, as Trustee of the Langford Island Trust);
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)
Footnotes (4)
- F1. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on September 10, 2025.
- F2. A portion of these shares represent restricted stock units.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.05 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 footnote.
- F4. The option becomes exercisable as follows: (a) 13,458 shares of 26,916 shares subject to the incentive stock option first become exercisable on January 1 in each of 2021 and 2022; and (b) 713,084 shares first become exercisable on 7/10/2018, subject to our right to repurchase unvested shares in the event the reporting person's employment terminates. 12/48th of the part (b) shares vests on the 12-month anniversary of 7/10/2018 and 1/48th of the part (b) shares vests monthly thereafter for a total vesting period of 48 months.
Key Figures
Shares sold: 5,945 shares
Weighted average sale price: $18.0026 per share
Sale price range: $18.00–$18.05 per share
+4 more
7 metrics
Shares sold
5,945 shares
October 28, 2026
Weighted average sale price
$18.0026 per share
October 28, 2026
Sale price range
$18.00–$18.05 per share
Multiple transactions on October 28, 2026
Options exercised
3,000 shares
October 28, 2026
Exercise price
$7.43 per share
Options exercised on October 28, 2026
Option position following exercise
710,084 shares
Reported after the October 28, 2026 exercise
Option expiration date
July 9, 2028
Reported option
Key Terms
10b5-1 trading plan, weighted average price, restricted stock units, incentive stock option, +1 more
5 terms
10b5-1 trading plan regulatory
"pursuant to a 10b5-1 trading plan"
A 10b5-1 trading plan is a pre-arranged strategy that allows company insiders to buy or sell company stock at set times, regardless of their current knowledge about the company's situation. It acts like a scheduled appointment for trading, helping prevent the appearance of impropriety or insider trading. This plan provides a way for insiders to sell or buy shares in a controlled, transparent manner, offering reassurance to investors about fair trading practices.
weighted average price financial
"The reported price in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"A portion of these shares represent 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.
incentive stock option financial
"shares subject to the incentive stock option"
An incentive stock option is a type of employee benefit that gives a worker the right to buy company shares at a fixed price, with special tax advantages if the employee holds the shares for a required period. Think of it as a coupon to buy future shares at today’s price that can result in lower tax on the gain. Investors care because ISOs can dilute share count, align staff incentives with the stock price, and affect company compensation costs and the timing of potential share sales.
vesting period financial
"for a total vesting period of 48 months"
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many PD options did Jennifer Tejada exercise?
She exercised options for 3,000 common shares at an exercise price of $7.43 per share on October 28, 2026. The option position following the exercise was 710,084 shares, and the reported option expiration date was July 9, 2028.
AI-generated analysis. How Rhea-AI works. Not financial advice.
