BlackRock (PD holder) discloses 9.6% PagerDuty stake in amended 13G filing
Rhea-AI Filing Summary
BlackRock, Inc. filed an amended Schedule 13G indicating beneficial ownership of 7,367,330 shares of PagerDuty, Inc. common stock. This represents 9.6% of the outstanding common stock. The shares are held by certain BlackRock business units described as the “Reporting Business Units.”
BlackRock reports sole voting power over 7,232,848 shares and sole dispositive power over all 7,367,330 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends and sale proceeds, but no single client holds more than five percent of PagerDuty’s outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 7,367,330 shares
Ownership percentage: 9.6%
Sole voting power: 7,232,848 shares
+4 more
7 metrics
Beneficially owned shares
7,367,330 shares
PagerDuty common stock beneficially owned by BlackRock
Ownership percentage
9.6%
Percent of PagerDuty common stock class owned by BlackRock
Sole voting power
7,232,848 shares
Shares of PagerDuty over which BlackRock has sole voting power
Shared voting power
0 shares
PagerDuty shares with shared voting power reported by BlackRock
Sole dispositive power
7,367,330 shares
PagerDuty shares over which BlackRock has sole dispositive power
Shared dispositive power
0 shares
PagerDuty shares with shared dispositive power reported by BlackRock
Form type
Schedule 13G/A
Amendment No. 5 reporting BlackRock’s PagerDuty ownership
Key Terms
Schedule 13G/A, beneficially owned, sole voting power, sole dispositive power, +2 more
6 terms
Schedule 13G/A regulatory
"BlackRock, Inc. filed this amended Schedule 13G indicating beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole Voting Power 7,232,848.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole Dispositive Power 7,367,330.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Reporting Business Units financial
"securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units")"
Power of Attorney regulatory
"Exhibit 24: Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of PagerDuty (PD) does BlackRock currently report owning?
BlackRock reports beneficial ownership of 9.6% of PagerDuty’s common stock. This corresponds to 7,367,330 shares, held through certain BlackRock business units classified as Reporting Business Units.
What is the purpose of this Schedule 13G/A filing for PagerDuty (PD)?
This amendment updates BlackRock’s beneficial ownership information for PagerDuty common stock. It details the 7,367,330 shares owned, corresponding 9.6% stake, and the extent of BlackRock’s voting and dispositive powers.
Who signed BlackRock’s amended ownership report for PagerDuty (PD)?
The filing is signed by Spencer Fleming, identified as a Managing Director at BlackRock. The signature appears alongside exhibits including a Power of Attorney and an exhibit identifying relevant subsidiaries.