Pomel Olivier 4
Research Summary
AI-generated summary
Datadog CEO Olivier Pomel Receives 255,610-Share Award
What Happened
- Olivier Pomel, CEO of Datadog, was reported to have acquired 255,610 shares on 2026-02-05 via an award (transaction code A). The filing lists an acquisition price of $0 (typical for restricted stock units/RSUs); total cash paid = $0. This was the conversion/recognition of performance-based restricted stock units (PSUs) that were earned under a prior grant.
Key Details
- Transaction date: 2026-02-05; Form 4 filed 2026-02-09 (timely).
- Shares reported acquired: 255,610; reported price: $0.00; total reported cash = $0.
- Shares owned after transaction: not disclosed in the filing.
- Footnote summary: these were PSUs originally granted on April 1, 2025. The reported number reflects PSUs earned based on performance. Vesting is subject to continued service: 1/4 vests on March 1, 2026, then 1/12 of the remaining shares on each June 1, Sept 1, Dec 1 and March 1 thereafter, subject to continuous service.
- Transaction type: Award/Grant (not an open-market purchase or sale).
Context
- This is an award/vesting event (not a sale). Awards and earned PSUs are common compensation for executives and do not by themselves indicate buying or selling sentiment. The reported $0 acquisition price reflects standard RSU treatment; the economic value depends on Datadog’s market price when shares actually vest or are delivered.