{"schema_version":"secwatch.filing_event.v1","accession":"0001568100-23-000006","form_type":"8-K","ticker":"PD","cik":"0001568100","company_name":"PagerDuty, Inc.","filed_at":"2023-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.628053+00:00","generated_at":"2026-06-20T10:47:21.762351+00:00","sec_items":["2.05","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"PagerDuty cuts 7% headcount, appoints new global field ops lead, reaffirms FY23 guidance","bullets":["7% headcount reduction as part of global scaling initiative; total charges of $19M–$23M for severance, benefits, and real estate.","Dave Justice resigns as CRO; Jeremy Kmet promoted to SVP Global Field Operations effective Feb 1, 2023.","Reaffirms Q4 FY23 revenue of $98M–$100M (25–27% YoY growth) and non-GAAP EPS of $0.02–$0.03.","Reaffirms FY23 revenue of $368M–$370M (31% YoY growth) and non-GAAP loss per share of $0.01–$0.00.","Company commits to >20% revenue growth and continued operating margin improvement at least at FY23 pace."],"urls":{"canonical":"https://secwatch.observer/filing/0001568100-23-000006","json":"https://secwatch.observer/filing/0001568100-23-000006.json","markdown":"https://secwatch.observer/filing/0001568100-23-000006.md","text":"https://secwatch.observer/filing/0001568100-23-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1568100/000156810023000006/0001568100-23-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1568100/000156810023000006/pd-20230123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T10:47:21.762351+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"351a7de65e","claim":"Dave Justice resigned as Chief Revenue Officer at PagerDuty, Inc..","evidence_excerpt":"Dave Justice has given notice that he will resign from his position as the Company’s Chief Revenue Officer, effective February, 3, 2023 to pursue other opportunities.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1568100/000156810023000006/0001568100-23-000006-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Revenue Officer"}],"fact_type":"executive_change"},{"claim_id":"8a62893980","claim":"Jeremy Kmet was appointed as Senior Vice President of Global Field Operations at PagerDuty, Inc..","evidence_excerpt":"Jeremy Kmet, previously the Company’s Senior Vice President, North America Sales and Customer Acquisition, has been appointed Senior Vice President of Global Field Operations, reporting into Chair and CEO Jennifer Tejada, effective February 1, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1568100/000156810023000006/0001568100-23-000006-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Senior Vice President of Global Field Operations"}],"fact_type":"executive_change"},{"claim_id":"82fdc81d5031837e86a513f690adf6a9d0310c8d","claim":"PagerDuty, Inc. announced a restructuring with charges of non-recurring charges in a range of $5.0 million to $7.0 million (a 7% reduction in headcount).","evidence_excerpt":"On January 24, 2023, PagerDuty, Inc. (the \"Company\") announced that as part of the Company’s ongoing actions to drive efficient growth and expand operating margins, the Company is advancing global scaling initiatives designed to increase the Company’s capacity while improving its cost structure. The changes include reallocating certain roles and realigning teams to continue to improve operational resiliency and agility, and rationalizing the Company’s real estate footprint. The immediate impact is a 7% reduction in headcount, as some roles are eliminated and new roles created in high-talent, lower-cost geographies. The Company estimates that it will incur non-recurring charges in a range of $5.0 million to $7.0 million in connection with the headcount reductions, primarily consisting of severance payments, notice pay (where applicable), employee benefits contributions and related costs.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1568100/000156810023000006/0001568100-23-000006-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"non-recurring charges in a range of $5.0 million to $7.0 million"},{"label":"Headcount","value":"a 7% reduction in headcount"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}