PagerDuty CEO Sells Shares Automatically for Tax Purposes Amid Stock Price Recovery
On August 26, 2026, PagerDuty's CEO John D. DiLullo sold 28,847 shares of the company’s stock as part of a non-discretionary transaction to cover tax obligations from vested restricted stock units (RSUs). The sale occurred at an average price of $12.19 per share and was not based on market timing or personal trading decisions. The RSU vesting was triggered by PagerDuty meeting performance criteria, including a 60-day average closing price above $10. Despite the CEO selling shares, his direct ownership increased due to more vested shares than those sold for tax purposes. Post-transaction, DiLullo holds approximately 1.1 million shares valued at around $13.29 million. The stock was trading near a recent high following strong Q2 earnings and has recovered from earlier lows in April.
Tickers: $PD
Topics: executive sale RSU vesting tax liabilities