Datadog (DDOG) CEO receives 130,858 RSUs vesting from 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pomel Olivier reported acquisition or exercise transactions in this Form 4 filing.
Datadog, Inc. reported that Chief Executive Officer Olivier Pomel received a grant of 130,858 shares of Class A Common Stock in the form of restricted stock units (RSUs). Following this compensation-related award, his directly held Class A Common Stock position is 835,679 shares.
The RSUs each represent the right to receive one share of Class A Common Stock. They vest as to 12/48 of the shares on March 1, 2027, with the remaining shares vesting in 12 equal quarterly installments on June 1, September 1, December 1 and March 1 thereafter, so long as he remains in continuous service under Datadog’s 2019 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pomel Olivier
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 130,858 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 835,679 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 130,858 shares
Shares held after grant: 835,679 shares
Initial vesting tranche: 12/48 of RSUs
+1 more
4 metrics
RSUs granted
130,858 shares
Restricted stock units of Class A Common Stock granted to CEO
Shares held after grant
835,679 shares
CEO’s directly held Class A Common Stock following the award
Initial vesting tranche
12/48 of RSUs
Vests on March 1, 2027, subject to continuous service
Remaining vesting installments
12 equal installments
On each June 1, September 1, December 1 and March 1 thereafter
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, Continuous Service, 2019 Equity Incentive Plan
4 terms
restricted stock units ("RSUs") financial
"Represents the number of shares of Class A Common Stock underlying restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A Common Stock financial
"Represents the number of shares of Class A Common Stock underlying restricted stock units ("RSUs")."
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.
Continuous Service financial
"subject to the Reporting Person remaining in Continuous Service (as defined in the Issuer's 2019 Equity Incentive Plan)"
2019 Equity Incentive Plan financial
"as defined in the Issuer's 2019 Equity Incentive Plan"
FAQ
What insider transaction did Datadog (DDOG) report for CEO Olivier Pomel?
Datadog reported that CEO Olivier Pomel received a grant of 130,858 restricted stock units of Class A Common Stock. This is a compensation-related award, not an open-market purchase or sale, and increased his directly held Class A Common Stock position to 835,679 shares.
How many Datadog (DDOG) RSUs were granted to CEO Olivier Pomel?
Olivier Pomel was granted 130,858 restricted stock units tied to Datadog’s Class A Common Stock. Each RSU represents a right to receive one share, subject to a multi-year vesting schedule and his continued service under Datadog’s 2019 Equity Incentive Plan.
What is the vesting schedule for Olivier Pomel’s new Datadog (DDOG) RSUs?
The RSUs vest 12/48 on March 1, 2027, with the remaining shares vesting in 12 equal installments on June 1, September 1, December 1 and March 1 thereafter. Vesting is conditioned on Olivier Pomel remaining in continuous service with Datadog.
Are Olivier Pomel’s new Datadog (DDOG) RSUs immediately vested?
No, the RSUs are not immediately vested. They begin vesting on March 1, 2027, when 12/48 of the shares vest. The remaining RSUs vest in 12 equal quarterly installments afterward, contingent on his continuing service with Datadog under the equity plan.