NELSON ZACHARY 4
Research Summary
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PagerDuty (PD) Director Zachary Nelson Receives 21,816 RSUs
What Happened Zachary Nelson, a director of PagerDuty, received an award of 21,816 Restricted Stock Units (RSUs) on 2026-06-18. The RSUs were granted at no cash cost (reported price $0.00) and represent contingent rights to one share of common stock each; the filing shows no immediate cash value realized.
Key Details
- Transaction date: 2026-06-18; Form 4 filed 2026-06-23 (filed 5 days after the transaction).
- Grant type/code: Award/Grant (A); 21,816 RSUs granted at $0.00.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnotes: F1—each RSU equals a contingent right to one common share, no expiration; RSUs vest on the earlier of the first anniversary of the grant or immediately prior to the next Annual Meeting, subject to continuous service. F2—notes that a portion of these shares represent RSUs.
- Timeliness: The Form 4 was filed five days after the grant date; Form 4s are typically due within two business days, so this filing appears later than the usual deadline.
Context
- RSU grants to non-employee directors are a common form of compensation and do not involve an open-market purchase or sale. RSUs convert into shares only upon vesting per the schedule above and do not necessarily indicate the insider's personal buying or selling intent.
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