Datadog (NASDAQ: DDOG) director granted 48 Class A shares in lieu of cash
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 received 48 shares of Class A Common Stock on July 1, 2026. The shares were valued at $260.36 per share and were granted under the company’s non-employee director compensation policy as equity instead of cash fees.
Following this award, Phillips directly holds 6,311 Class A shares. This is a routine, compensation-related equity grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Phillips Dominic
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 48 | $260.36 | $12K |
Holdings After Transaction:
Class A Common Stock — 6,311 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 48 shares
Grant value per share: $260.36 per share
Shares owned after grant: 6,311 shares
3 metrics
Shares granted
48 shares
Class A Common Stock grant to Dominic Phillips on July 1, 2026
Grant value per share
$260.36 per share
Reported value of Class A Common Stock award
Shares owned after grant
6,311 shares
Phillips’ direct Class A holdings following the transaction
Key Terms
Class A Common Stock, non-employee director compensation policy, equity in lieu of cash, grant, award, or other acquisition
4 terms
Class A Common Stock financial
"This Class A Common Stock was issued to the Reporting Person"
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.
non-employee director compensation policy financial
"pursuant to the Issuers non-employee director compensation policy"
equity in lieu of cash financial
"based on his election to receive equity in lieu of cash"
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What did Datadog (DDOG) director Dominic Phillips report in this Form 4?
Dominic Phillips reported receiving 48 shares of Datadog Class A Common Stock. The award reflects stock-based compensation as a director, not an open-market trade, and modestly increases his direct ownership position in the company.
Was the Datadog (DDOG) Form 4 transaction a stock purchase or a grant?
The transaction was a grant, not a market purchase. Phillips received 48 shares as a non-employee director award, issued under Datadog’s director compensation policy in exchange for fees he elected to take in equity instead of cash.
Why did Datadog (DDOG) issue stock to Dominic Phillips instead of paying cash?
The shares were issued under Datadog’s non-employee director compensation policy. Phillips elected to receive equity in lieu of cash fees, aligning his compensation more closely with shareholders through additional stock ownership rather than cash payments.