DDOG Form 144 Filed for 10,608 RSU/PSU Shares; Prior Sales Disclosed
Rhea-AI Filing Summary
Form 144 filed for Datadog, Inc. (DDOG) reporting proposed sale of Class A common stock by an insider. The notice lists 10,608 shares intended for sale through Morgan Stanley Smith Barney LLC on 09/02/2025, with an aggregate market value of $1,449,901.44. The shares were acquired on 09/01/2025 via restricted stock units and performance stock units that vested and are being sold as compensation. The filing also discloses four prior sales by Sean Michael Walters in the past three months totaling 34,174 shares for gross proceeds of $4,420,881.75 (sums shown per sale in the filing).
Positive
- Disclosure compliance: The filer provides required Rule 144 details including broker, share counts, dates, and vesting source (RSUs/PSUs).
- Source of shares specified: Shares to be sold were acquired via restricted stock units and performance stock units vesting, and payment is noted as compensation.
Negative
- Insider selling activity: The filing shows proposed sale of 10,608 shares and prior sales of 34,174 shares in the past three months, representing insider liquidity that some investors may view negatively.
Insights
TL;DR: Insider sale of recently vested RSUs totaling 10,608 shares to be sold; prior months show additional dispositions totaling 34,174 shares.
The filing documents a routine Form 144 sale tied to RSU/PSU vesting on 09/01/2025, with the broker named and an approximate market value provided. The transaction appears to be compensation-related rather than a purchase financing event. Prior sales by the same individual over the past three months are disclosed with dates and gross proceeds, which helps investors track insider liquidity. Based solely on the filing, this is a disclosed, orderly sale rather than an undisclosed transfer or unusual financing.
TL;DR: Proper disclosure of insider sales and representation about absence of material nonpublic information are present; filings comply with Rule 144 format.
The notice includes the required attestations and broker details and identifies the securities as compensation from vesting RSUs/PSUs. The signer represents no undisclosed material adverse information. Documentation of multiple recent sales by the same person is helpful for governance transparency. No regulatory or governance issues are evident from the content provided.