Tejada Jennifer 4
Research Summary
AI-generated summary
PagerDuty (PD) Executive Chair Jennifer Tejada — Shares Withheld for Taxes
What Happened
Jennifer Tejada, Executive Chair and Director of PagerDuty (PD), had 71,210 shares (disposed) withheld by the company on July 2, 2026 to satisfy a tax obligation tied to the vesting/settlement of restricted stock units. The withholding was at $9.98 per share, totaling $710,676. This transaction is a tax withholding (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-07-02; withholding price reported: $9.98 per share.
- Shares withheld/disposed: 71,210; aggregate value: $710,676.
- Filing date (Form 4): 2026-07-07 — appears to be one business day late relative to the typical 2-business-day Form 4 deadline.
- Footnotes: F1 = shares automatically withheld to satisfy taxes upon RSU vesting; F2 = a portion of these shares were restricted stock units.
- Shares owned after the transaction: not provided in the supplied data.
Context
Tax-withholding dispositions on vesting RSUs are routine: the company retains shares to cover withholding rather than the insider selling shares in the open market. Such transactions generally do not signal a deliberate buy/sell decision by the insider.