[Form 4] Datadog, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OBSTLER DAVID M reported acquisition or exercise transactions in this Form 4 filing.
Datadog, Inc. Chief Financial Officer David M. Obstler reported receiving an equity grant of 59,295 shares of Class A Common Stock in the form of restricted stock units (RSUs). These RSUs carry no purchase price and each unit represents the right to receive one share upon vesting.
The RSUs vest as to 12/48 of the shares on March 1, 2027, with the remaining shares vesting in 12 equal quarterly installments thereafter, as long as he remains in continuous service under Datadog's 2019 Equity Incentive Plan. Following this award, Obstler is shown as holding 525,914 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
OBSTLER DAVID M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 59,295 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 525,914 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 59,295 shares
Price per RSU: $0.0000 per share
Shares after transaction: 525,914 shares
+1 more
4 metrics
RSU grant size
59,295 shares
Restricted stock units of Class A Common Stock granted to CFO
Price per RSU
$0.0000 per share
Reported transaction price for RSU award
Shares after transaction
525,914 shares
CFO’s direct holdings following RSU grant
Initial vesting portion
12/48 of RSUs
Vests on March 1, 2027, subject to continuous service
Key Terms
restricted stock units, RSUs, Class A Common Stock, Continuous Service, +1 more
5 terms
restricted stock units financial
"Represents the number of shares of Class A Common Stock underlying restricted stock units ("RSUs")."
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.
RSUs financial
"Each RSU represents the contingent right to receive one share of the Issuer's Class A Common Stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
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"