Datadog trust plans $689K Rule 144 share sale
Trust accounts related to a Datadog executive have filed to sell Class A shares under Rule 144, alongside recent 10b5-1 plan sales.
Rhea-AI Filing Summary
Datadog, Inc. (DDOG) has a notice of proposed sale under Rule 144 filed for Class A common stock held by the David Obstler Children 2019 Trust FBO Andrew Obstler. The trust plans to sell 3,000 Class A shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $689,760.00 as of the notice, and Datadog reports 334,904,614 Class A shares outstanding. The shares to be sold were acquired from previously exercised stock options on March 5, 2019 and were registered on Form S-8. The notice also lists recent 10b5-1 plan sales of Datadog Class A shares during the past three months by David Obstler and related children’s trusts.
Positive
- None.
Negative
- None.
Key Figures
Key Terms
Rule 144 regulatory
10b5-1 regulatory
Form S-8 regulatory
Previously Exercised Stock Options financial
RSU/PSU financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Datadog (DDOG) Form 144 filing disclose about upcoming sales?
Who is the selling security holder in this Datadog (DDOG) Form 144?
Does the Datadog (DDOG) Form 144 mention trading plans?
AI-generated analysis. How Rhea-AI works. Not financial advice.