Aronson Scott Matthew 4

What Happened
Scott Matthew Aronson, a member of PagerDuty’s board of directors, was granted 57,544 restricted stock units (RSUs) on 2026-02-09 (reported on a Form 4 filed 2026-02-10). The RSUs were awarded at $0.00 per unit (transaction code A), meaning no cash was paid; the grant represents a contingent right to receive common shares upon vesting.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-10 (timely within SEC Form 4 rules).
• Transaction type/code: Award/Grant (A).
• Number of RSUs: 57,544; Reported price: $0.00; immediate value reported: $0.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote (from filing): Each RSU is a contingent right to one share, no expiration; awards vest in three equal annual installments on each anniversary of the grant, subject to continuous service.
• No 10b5-1 plan, option exercise, sale, or tax-withholding details were reported in the provided information.

Context
RSUs are conditional awards that convert into actual shares only as they vest; the grantee does not receive tradable shares or cash at grant. Director RSU grants are a common form of non-employee director compensation and are routine rather than a direct bullish or bearish trading signal. For investors, outright purchases or open-market sales by insiders typically carry different informational weight than routine compensation grants.