OBSTLER DAVID M 4
Research Summary
AI-generated summary
Datadog (DDOG) CFO David Obstler Receives Award of 132,538 Shares
What Happened
- David M. Obstler, Chief Financial Officer of Datadog, was reported to have acquired 132,538 shares on February 5, 2026 via an award (Form 4 code "A"). The reported acquisition price is $0.00 (no cash paid), so the reported transaction value is $0. These shares represent performance-based restricted stock units (PSUs) that were earned based on prior performance metrics.
Key Details
- Transaction date: February 5, 2026; filing date (Form 4): February 9, 2026.
- Transaction type/code: Award/Grant (A). Price: $0.00; Shares: 132,538.
- Shares owned following the transaction: not disclosed in the provided filing details.
- Footnote: The PSUs were originally granted April 1, 2025; the reported number reflects PSUs earned for achieving performance criteria. Vesting is service-based: 1/4 of the shares vest on March 1, 2026, then 1/12 of the remaining shares on each June 1, September 1, December 1 and March 1 thereafter, subject to continued service per the issuer’s 2019 Equity Incentive Plan.
Context
- These are earned performance RSUs, not an open-market purchase or exercise of options—meaning they are part of executive compensation tied to performance and tenure rather than a direct cash investment by the insider. Such awards are common for retaining executives and aligning pay with company performance; they do not necessarily signal insider buying or selling intent.