Datadog (NASDAQ: DDOG) awards 54,797 RSUs to Chief Revenue Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Walters Sean Michael reported acquisition or exercise transactions in this Form 4 filing.
Datadog, Inc. reported that Chief Revenue Officer Sean Michael Walters received a grant of 54,797 shares of Class A Common Stock in the form of restricted stock units (RSUs). This is a compensation award, not an open‑market purchase, and was recorded at a price of $0.00 per share.
The RSUs vest as to 12/48 of the shares on March 1, 2027, with the remaining shares vesting in 12 equal installments on each June 1, September 1, December 1 and March 1 thereafter, contingent on his continued service. Following this grant, Walters directly holds 293,181 shares of Class A Common Stock and indirectly holds 8 shares through his son.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Walters Sean Michael
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 54,797 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 293,181 shares (Direct);
Class A Common Stock — 8 shares (Indirect, By Son)
Footnotes (1)
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Key Figures
RSU grant size: 54,797 shares
Grant price: $0.00 per share
Direct holdings after grant: 293,181 shares
+2 more
5 metrics
RSU grant size
54,797 shares
Class A Common Stock RSUs granted to CRO on April 1, 2026
Grant price
$0.00 per share
Transaction price per share for RSU award
Direct holdings after grant
293,181 shares
Total Class A Common Stock directly held by Walters post-transaction
Indirect holdings
8 shares
Class A Common Stock held indirectly by son
Initial vesting date
March 1, 2027
12/48 of RSU shares vest on this date
Key Terms
restricted stock units ("RSUs"), contingent right, Continuous Service, 2019 Equity Incentive Plan
4 terms
restricted stock units ("RSUs") financial
"Represents the number of shares of Class A Common Stock underlying restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents the contingent right to receive one share of the Issuer's Class A Common Stock."
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
"Continuous Service (as defined in the Issuer's 2019 Equity Incentive Plan) of the Issuer as of each such date."
FAQ
What insider transaction did Datadog (DDOG) disclose for Sean Michael Walters?
Datadog disclosed that Chief Revenue Officer Sean Michael Walters received a grant of 54,797 restricted stock units (RSUs). Each RSU represents one share of Class A Common Stock, awarded as equity compensation rather than purchased in the open market.
What is the vesting schedule for Sean Michael Walters’ 54,797 Datadog RSUs?
The 54,797 RSUs vest as to 12/48 of the shares on March 1, 2027. The remaining RSUs vest in 12 equal installments on each June 1, September 1, December 1 and March 1 thereafter, subject to his continued service with Datadog.
What does each Datadog RSU granted to Sean Michael Walters represent?
Each RSU granted to Sean Michael Walters represents the contingent right to receive one share of Datadog Class A Common Stock. Delivery of the underlying shares depends on meeting the vesting schedule and his remaining in continuous service with the company.