Short answer
PagerDuty, Inc. (PD) filed an 8-K current report with the SEC on May 11, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 7.01 (Regulation FD Disclosure). John DiLullo became CEO and Class III director May 11, 2026, replacing Jennifer Tejada after her tenure since 2016.
PagerDuty, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- John DiLullo became CEO and Class III director May 11, 2026, replacing Jennifer Tejada after her tenure since 2016
- DiLullo’s compensation includes $600,000 salary, $600,000 target bonus, and $19,000,000 target equity awards
- Equity incentives include $7,000,000 time-based RSUs, $7,000,000 performance shares, and $2,500,000 awards at $10.00 and $13.00 stock thresholds
- Tejada transitions to Executive Chair, then non-employee director through the 2027 annual meeting, with unvested equity vesting then
- Leadership change creates execution and transition risk, while incentive structure links substantial CEO compensation to performance and stock appreciation
Other items in this filing:
- Item 7.01: Regulation FD Disclosure
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