DDOG Form 144 Notice: 12,971 Class A Shares to Be Sold on 08/29/2025
Rhea-AI Filing Summary
Form 144 notice for proposed sale of Datadog, Inc. (DDOG) securities. The filing reports an intended sale of 12,971 Class A common shares through Morgan Stanley Smith Barney LLC on 08/29/2025, with an aggregate market value of $1,828,392.16. The shares were acquired on 03/01/2025 as RSU/PSU awards from the issuer and were fully paid on that date. The filing shows 323,270,704 shares outstanding for the class, which puts the proposed sale at a de minimis fraction of the outstanding stock. The filing also discloses a sale in the past three months: Kerry Acocella sold 5,099 shares on 06/02/2025 for $595,772.26. Certain administrative fields such as filer CIK and issuer address are not provided in the text supplied.
Positive
- None.
Negative
- Insider selling activity: Proposed sale of 12,971 shares and a prior sale of 5,099 shares indicate insider dispositions in 2025.
- Incomplete administrative disclosure: The supplied text does not include filer CIK or full issuer address/contact details, limiting traceability.
Insights
TL;DR Insider RSU sale is small relative to float and appears routine; limited market impact.
The proposed sale of 12,971 shares for $1.83 million represents roughly 0.004% of the reported 323.27 million shares outstanding, indicating the transaction is immaterial to market capitalization. The shares were acquired as RSU/PSU awards on 03/01/2025, consistent with routine post-vest disposition. The prior sale of 5,099 shares on 06/02/2025 suggests ongoing insider selling activity but not at a scale likely to affect supply-demand dynamics. Missing filer identifiers reduce transparency but do not change the arithmetic of the sale.
TL;DR The filing documents compliant insider disposition of vested awards; disclosure gaps are notable for oversight.
From a governance standpoint, the notice contains required sale details including broker, amount, acquisition type, and past sales, supporting regulatory compliance under Rule 144. However, the provided content omits key administrative details such as the filer CIK and full issuer contact fields, which are important for auditability and stakeholder verification. The insider affirmation about absence of undisclosed material information is present, aligning with standard attestations in Form 144.