Datadog officer plans $8.8M sale of 40,000 shares
Datadog officer David Obstler filed a Rule 144 notice to sell 40,000 Class A shares, with prior three-month sales totaling 16,524 shares.
Rhea-AI Filing Summary
Datadog, Inc. (DDOG) is the issuer for a planned sale of Class A Common Stock under Rule 144 by officer David Obstler. The notice covers the proposed sale of 40,000 Class A shares through Morgan Stanley Smith Barney LLC, with an aggregate value of $8,848,400.00 and a reference to trading on NASDAQ.
The securities to be sold were acquired upon vesting of 18,959 restricted stock units on September 1, 2023 and 21,041 performance stock units on December 1, 2023 from the issuer. The filing also notes that in the past three months, 16,524 Class A shares were sold for $3,518,027.35. The RSU and PSU shares were registered on Form S-8.
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Key Figures
Key Terms
Rule 144 regulatory
Restricted Stock Units financial
Performance Stock Units financial
Form S-8 regulatory
FAQ
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What does the Form 144 filing disclose for Datadog, Inc. (DDOG)?
What Datadog (DDOG) stock sales by David Obstler occurred in the past three months?
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