Datadog (NASDAQ: DDOG) director gifts 2,500 shares to donor-advised fund
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. director Michael James Callahan reported a bona fide gift of 2,500 shares of Class A Common Stock. The shares were donated to a donor-advised fund, which will use them for charitable purposes, and were held through The Callahan-Thernstrom Family Trust, where he is trustee.
After the gift, the trust holds 14,996 Class A shares indirectly. A separate holding entry in the filing shows 19,612 Class A shares held directly following the reported transactions. The gift is a non-market, no‑consideration transfer rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,500 shares gifted
Mixed
2 txns
Insider
Callahan Michael James
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 2,500 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 14,996 shares (Indirect, By Trust);
Class A Common Stock — 19,612 shares (Direct, null)
Footnotes (1)
- Shares donated to a donor-advised fund, which will use the gifted shares for charitable purposes. The Shares are held by The Callahan-Thernstrom Family Trust, of which Reporting Person is Trustee.
Key Figures
Gifted shares: 2,500 shares
Trust holdings after gift: 14,996 shares
Direct holdings entry: 19,612 shares
+1 more
4 metrics
Gifted shares
2,500 shares
Class A Common Stock donated as bona fide gift
Trust holdings after gift
14,996 shares
Class A Common Stock held indirectly by family trust
Direct holdings entry
19,612 shares
Class A Common Stock held directly following transactions
Gift price per share
$0.0000 per share
No consideration for bona fide gift transfer
Key Terms
bona fide gift, donor-advised fund, Class A Common Stock, indirect ownership, +1 more
5 terms
bona fide gift financial
"transaction_code_description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor-advised fund financial
"Shares donated to a donor-advised fund, which will use the gifted shares"
A donor-advised fund is a charitable giving account that lets an individual or family deposit cash, stock, or other assets now, get an immediate tax benefit, and then recommend grants to charities over time. Think of it like a private charitable bucket you control without running a charity yourself; investors care because it’s a tax-efficient way to give appreciated securities, can change when and how donated shares enter the market, and affects personal and corporate tax planning.
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: By Trust"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Datadog (DDOG) report for Michael James Callahan?
Datadog reported that director Michael James Callahan made a bona fide gift of 2,500 shares of Class A Common Stock. The transfer was a charitable donation, not an open-market trade, and therefore carries limited signaling value about his view of the stock.
Does the Datadog (DDOG) Form 4 show any open-market buys or sells by Michael James Callahan?
The Form 4 does not show any open-market purchases or sales by Michael James Callahan. It reports a bona fide gift of 2,500 Class A shares and a holding entry, indicating this filing mainly documents a charitable transfer and resulting share balances.