Datadog director sells 38,594 shares in open market
Datadog, Inc. director Matthew Jacobson reported open-market sales of 38,594 shares of Class A Common Stock.
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Rhea-AI Filing Summary
Datadog, Inc. director Matthew Jacobson reported open-market sales of 38,594 shares of Class A Common Stock. The transactions occurred on May 29 and June 1, with 20,574 shares sold at a weighted average price of $243.0184 and additional blocks of 17,318 and 702 shares at weighted average prices of $277.4448 and $277.8246.
The prices reflect weighted averages across multiple trades, with May 29 sales ranging from $242.46 to $243.43 and June 1 sales ranging from $276.80 to $277.89. After these sales, trusts associated with Jacobson directly hold 584,132 shares, and he disclaims beneficial ownership beyond any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 17,318 | $277.4448 | $4.80M |
| Sale | Class A Common Stock | 702 | $277.8246 | $195K |
| Sale | Class A Common Stock | 20,574 | $243.0184 | $5.00M |
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $242.46 to $243.43. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F2. These shares are directly held by the Reporting Person through a trust of which he is a trustee and another estate planning trust having an independent trustee. The Reporting Person disclaims beneficial ownership of the shares held by such trusts for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $276.80 to $277.79. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $277.80 to $277.89. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
Key Figures
Key Terms
weighted average price financial
estate planning trust financial
Section 16 of the Exchange Act regulatory
pecuniary interest financial
FAQ
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