Datadog (NASDAQ: DDOG) director gets equity grant 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 a grant of 40 shares of Class A Common Stock valued at $118.05 per share. The shares were issued under the company’s non-employee director compensation policy, based on his choice to take equity instead of cash fees. Following this award, he directly holds 5,191 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Phillips Dominic
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 40 | $118.05 | $5K |
Holdings After Transaction:
Class A Common Stock — 5,191 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 40 shares
Grant value per share: $118.05 per share
Shares held after grant: 5,191 shares
3 metrics
Shares granted
40 shares
Class A Common Stock grant to director on April 1, 2026
Grant value per share
$118.05 per share
Valuation used for the 40-share director grant
Shares held after grant
5,191 shares
Dominic Phillips’ direct Class A holdings following the transaction
Key Terms
Class A Common Stock, non-employee director compensation policy, equity in lieu of cash
3 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"
FAQ
What did Datadog (DDOG) director Dominic Phillips report on this Form 4?
Dominic Phillips reported receiving 40 shares of Datadog Class A Common Stock. The award was a grant under the non-employee director compensation policy, rather than an open-market purchase, and reflects his election to receive equity instead of cash compensation for board service.
Was the Datadog (DDOG) Form 4 transaction a stock purchase or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. The filing shows a code A acquisition, with shares issued under Datadog’s non-employee director compensation policy after Phillips chose to receive equity in lieu of cash fees.
At what price was the Datadog (DDOG) director stock grant reported on the Form 4?
The grant was reported at $118.05 per share for the 40 Class A Common Stock shares. This price is the value used in the Form 4 disclosure and reflects the compensation valuation for the equity issued instead of cash.
Why did Datadog (DDOG) issue stock to Dominic Phillips instead of paying cash?
The footnote explains the stock was issued under Datadog’s non-employee director compensation policy. Phillips elected to receive equity in lieu of cash, so his board compensation for that period was delivered as Class A Common Stock instead of a cash payment.