Datadog (DDOG) grants 1,072 RSUs to board director
Rhea-AI Filing Summary
Richardson Julie reported acquisition or exercise transactions in this Form 4 filing.
Datadog, Inc. director Julie Richardson received a grant of 1,072 shares of Class A common stock in the form of Restricted Stock Units under the company’s non-employee director compensation policy. The RSUs vest on the earlier of Datadog’s next annual stockholder meeting or June 15, 2027, subject to her continuous service. Following this equity award, she directly holds 3,178 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,072 shares
Net Buy
1 txn
Insider
Richardson Julie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,072 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 3,178 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares underlying Restricted Stock Units ("RSUs") granted pursuant to the Issuer's non-employee director compensation policy. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock. The RSUs vest on the earlier of (A) the Company's next annual meeting of stockholders and (B) June 15, 2027, in each case, subject to the Reporting Person's continuous service to the Issuer through the vesting date.
Key Figures
RSUs granted: 1,072 shares
Price per share: $0.00 per share
Shares after transaction: 3,178 shares
+1 more
4 metrics
RSUs granted
1,072 shares
Restricted Stock Units of Class A common stock granted to director
Price per share
$0.00 per share
Grant price for the 1,072 RSUs
Shares after transaction
3,178 shares
Julie Richardson’s direct Class A common stock holdings following grant
Vesting date latest
June 15, 2027
Latest vesting date for the RSUs, subject to earlier annual meeting
Key Terms
Restricted Stock Units, non-employee director compensation policy, continuous service
3 terms
Restricted Stock Units financial
"Represents the number of shares underlying Restricted Stock Units ("RSUs") granted pursuant to the Issuer's non-employee director compensation policy."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-employee director compensation policy financial
"RSUs granted pursuant to the Issuer's non-employee director compensation policy."
continuous service financial
"subject to the Reporting Person's continuous service to the Issuer through the vesting date."
FAQ
What did Datadog (DDOG) director Julie Richardson report in this Form 4?
Julie Richardson reported receiving 1,072 Restricted Stock Units of Datadog Class A common stock as part of the non-employee director compensation policy. This is a stock-based compensation grant rather than an open-market purchase or sale.
When do Julie Richardson’s new Datadog RSUs vest?
The Restricted Stock Units vest on the earlier of Datadog’s next annual meeting of stockholders or June 15, 2027. Vesting is conditioned on Julie Richardson’s continuous service to Datadog through the applicable vesting date specified in the grant terms.
Is the Datadog Form 4 for an open-market stock purchase or sale?
No, the Form 4 reflects a grant of 1,072 Restricted Stock Units to director Julie Richardson at a price of $0.00 per share. It is an equity compensation award, not an open-market buy or sell transaction in Datadog stock.
What does each Restricted Stock Unit in the Datadog grant represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Datadog’s Class A common stock. The shares are delivered only if the vesting conditions are satisfied, including continuous service through the vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.