Jennifer Tejada, Executive Chair and Director of PagerDuty, Inc., filed a Form 4 on October 30, 2026, reporting a stock option exercise and a sale of common stock executed on October 28, 2026, under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Option exercise: Tejada acquired 3,000 shares of common stock on October 28, 2026, via a stock option exercise (transaction code M) at an exercise price of $7.43 per share.
  • Open-market sale: Tejada disposed of 5,945 shares on October 28, 2026, at a weighted average price of $18.0026, with individual sale prices ranging from $18.00 to $18.05 per share.
  • Direct ownership following transactions: Tejada directly beneficially owned 1,431,596 shares after the reported transactions, a portion of which the filing notes represent restricted stock units.
  • Indirect holdings: Tejada also holds shares indirectly as trustee across multiple trusts, including 171,870 shares via the Langford Island Trust and additional shares via four tranches of the Tejada 2024 Grantor Retained Annuity Trusts and two tranches of the Tejada 2025 Grantor Retained Annuity Trusts.
  • Remaining options: Following the exercise, Tejada beneficially owns 710,084 stock options (right to buy) at an exercise price of $7.43, expiring July 9, 2028.
  • 10b5-1 plan: According to the filing, both transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Tejada on September 10, 2025.

Tejada's October 28 Transactions: Option Exercise and Share Sale at PagerDuty

According to the Form 4 filed with the SEC on October 30, 2026, Jennifer Tejada, who serves as Executive Chair and Director of PagerDuty, Inc. (NASDAQ:PD), exercised a stock option covering 3,000 shares at $7.43 per share on October 28, 2026. On the same date, she sold 5,945 shares of common stock at a weighted average price of $18.0026 per share. The filing discloses that the sale involved multiple transactions at prices ranging from $18.00 to $18.05 per share, and Tejada has undertaken to provide full per-price detail upon request to the issuer, any security holder, or SEC staff.

Both the option exercise and the share sale were reported as having been made pursuant to a Rule 10b5-1 trading plan that Tejada adopted on September 10, 2025, according to the filing. After these transactions, the filing reports that Tejada directly holds 1,431,596 shares, a portion of which represent restricted stock units. She also retains 710,084 stock options (right to buy) at the $7.43 exercise price, with an expiration date of July 9, 2028.

In addition to her direct holdings, the filing reports indirect beneficial ownership across six trust vehicles: 171,870 shares held via the Langford Island Trust; 4,456 shares each in the Tejada 2024 Grantor Retained Annuity Trust - I and Trust - II; 11,527 shares each in the Tejada 2024 Grantor Retained Annuity Trust - III and Trust - IV; and 31,368 shares each in the Tejada 2025 Grantor Retained Annuity Trust - I and Trust - II, all held with Tejada serving as trustee.

What Was Disclosed

Tejada's Form 4 discloses a Rule 10b5-1 plan-driven option exercise of 3,000 shares at $7.43 and a sale of 5,945 shares at a weighted average of $18.0026 on October 28, 2026, with resulting direct beneficial ownership of 1,431,596 shares and 710,084 remaining stock options.