PagerDuty executive chair Jennifer Tejada sells $1.6 million in shares
Jennifer Tejada, Executive Chair at PagerDuty, sold 107,000 shares of the company's stock on September 30, 2026. The sale amounted to $1,616,737, with each share priced between $15.00 and $15.25. Since the stock's low of $5.70 six months ago, its value has skyrocketed to $16.16, marking a 156% increase. This transaction was carried out under a pre-planned 10b5-1 trading plan adopted by Tejada on September 10, 2025.
Currently, Tejada personally holds 1,563,251 shares of PagerDuty, with some being restricted stock units and others owned indirectly through trusts. Despite this recent sale, a recent analysis suggests that PagerDuty remains undervalued. The company's recent fiscal second-quarter report exceeded expectations, with adjusted earnings of $0.32 per share on $124.4 million in revenue.
Additionally, PagerDuty's annual recurring revenue has now surpassed $500 million for the first time. Analysts have also raised their price target for PagerDuty, citing improving demand metrics.
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