DDOG Form 4: Executive sale of 2,577 shares to satisfy tax withholding
Rhea-AI Filing Summary
Datadog insider sale to cover tax withholding: David Galloreese, Chief People Officer at Datadog (DDOG), reported a sale of 2,577 shares of Class A common stock on 09/02/2025 at a weighted-average price of $133.8469 per share. The filing states the shares were sold solely to cover tax withholding obligations arising from the vesting of restricted stock units and performance-based restricted stock units, including related brokerage fees. After the sale the reporting person beneficially owns 79,911 shares. The Form 4 was signed by an attorney-in-fact, Kerry Acocella, on 09/04/2025.
Positive
- Transparent disclosure of the sale purpose and weighted-average sale price with offer to provide price breakdowns on request
- Compliance with Section 16 reporting requirements and attorney-in-fact signature recorded
Negative
- None.
Insights
TL;DR Routine insider sale to satisfy tax withholding from vested equity; not indicative of change in ownership strategy.
The transaction is a small, disclosed disposition of 2,577 Class A shares executed at a weighted-average price of $133.8469 to cover tax obligations tied to vested RSUs and PSUs. The reporting person retains 79,911 shares after the sale, and the Form 4 was filed in compliance with Section 16 reporting requirements. There is no indication in the filing of additional planned sales or changes to compensation structure.
TL;DR Compliant, routine reporting of tax-covering share sale by an executive, showing standard governance disclosure practices.
The disclosure clearly states the sale was required by the issuer to satisfy tax withholding on vested equity awards. The reporting as an individual filer and the attorney-in-fact signature reflect normal procedural handling. The filing provides weighted-average sale price and range of prices, with an offer to provide detailed tranche prices on request, which supports transparency.