Datadog (NASDAQ: DDOG) director granted 5,151 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phillips Dominic reported acquisition or exercise transactions in this Form 4 filing.
Datadog, Inc. director Dominic Phillips reported receiving a grant of 5,151 shares of Class A common stock in the form of Restricted Stock Units under the non-employee director compensation policy. These RSUs vest in three equal annual installments starting on February 26, 2027, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Phillips Dominic
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,151 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 5,151 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Datadog (DDOG) report for Dominic Phillips?
Datadog reported that director Dominic Phillips acquired 5,151 shares of Class A common stock through a Restricted Stock Unit grant. The award was made under the non-employee director compensation policy and reflects equity-based compensation rather than an open-market stock purchase.
What are the vesting terms of Dominic Phillips’ Datadog (DDOG) RSU grant?
The 5,151 RSUs granted to Dominic Phillips vest in three equal annual installments over three years. Vesting begins on February 26, 2027, and each installment requires his continuous service with Datadog through the applicable vesting date before shares are delivered.
Was Dominic Phillips’ Datadog (DDOG) RSU grant an open-market stock purchase?
No, the transaction was a grant of 5,151 Restricted Stock Units under Datadog’s non-employee director compensation policy. The Form 4 identifies the code as a grant or award acquisition, not a market trade, and the price per share is reported as zero dollars.
What does each RSU in Dominic Phillips’ Datadog (DDOG) grant represent?
Each Restricted Stock Unit granted to Dominic Phillips represents a contingent right to receive one share of Datadog’s Class A common stock. The shares are only delivered as the RSUs vest over time, and vesting depends on his continued service to the company.