DDOG insider sale notice: 7,950 RSU/PSU shares to be sold via Morgan Stanley
Rhea-AI Filing Summary
Datadog, Inc. (ticker DDOG) Form 144 notifies a proposed sale of 7,950 Class A common shares through Morgan Stanley Smith Barney LLC on 09/03/2025, to be executed on the Nasdaq. The filer reports those shares were acquired as RSU/PSU awards on 09/01/2025 and payment/settlement is indicated on that same date. The filing lists a recent related sale by Adam Blitzer of 8,581 Class A shares on 09/02/2025 for gross proceeds of $1,148,542.82.
The filing provides typical Rule 144 attestations, including the signer’s representation that they possess no undisclosed material adverse information. Several standard filer contact fields and issuer identifiers in the header are blank or not provided in the visible content.
Positive
- Transaction transparency: The filing discloses the class, exact share counts, broker, approximate market value, and planned sale date.
- Prior-sales history provided: The filing lists a recent related sale by Adam Blitzer with amount and gross proceeds, aiding investor context.
Negative
- Incomplete header details: Several filer and issuer contact fields in the form are blank or not shown, reducing immediate traceability.
- Short interval between acquisition and proposed sale: Shares acquired as RSU/PSU on 09/01/2025 with a proposed sale on 09/03/2025 may raise questions about holding period, though the form only reports facts.
Insights
TL;DR: Executive share disposition paperwork shows short-term insider sales and a near-term planned sale of RSU/PSU shares via a broker.
The filing documents a proposed sale of 7,950 Class A shares that were acquired as RSU/PSU awards two days before the planned sale date, and records a prior sale by Adam Blitzer of 8,581 shares generating about $1.15 million. For investors and compliance teams, short windows between acquisition and proposed sale merit attention for insider trading policy and disclosure timing, but the filing itself contains only descriptive transaction details and the standard Rule 144 attestation.
TL;DR: This is a routine Rule 144 notification showing executive-level equity movements with required representations.
The document includes necessary elements for a Rule 144 notice: class of security, broker, number of shares, market value, acquisition method (RSU/PSU), and prior-sales history. It also contains the statutory attestation regarding undisclosed material information. Missing or blank issuer/filer header fields reduce immediate transparency but do not negate the substantive transaction disclosures presented.