Datadog counsel sells shares to cover tax withholding
Datadog, Inc. reported that its General Counsel and Secretary, Kerry Acocella, completed an open-market sale of 17,653 shares of Class A common stock.
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Rhea-AI Filing Summary
Datadog, Inc. reported that its General Counsel and Secretary, Kerry Acocella, completed an open-market sale of 17,653 shares of Class A common stock. The weighted-average sale price was about $110.54 per share, with individual trades ranging from $110.53 to $111.67.
According to the disclosure, Datadog required this sale solely to cover tax withholding obligations tied to the vesting of restricted stock units and performance-based restricted stock units, including related brokerage fees. After these transactions, Acocella directly holds 125,721 shares of Datadog Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 17,653 | $110.5357 | $1.95M |
Footnotes (2)
- F1. The Reporting Person was required by the Issuer to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units, as well as any related brokerage commission fees.
- F2. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $110.53 to $111.67. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
FAQ
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What insider transaction did Datadog (DDOG) report for Kerry Acocella?
What role does Kerry Acocella hold at Datadog (DDOG)?
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