Acocella Kerry 4

What Happened

• Kerry Acocella, General Counsel and Secretary of Datadog, was reported to have acquired 61,536 shares on 2026-02-05 as an award (code A). The reported acquisition price is $0.00, indicating these shares are restricted stock units/PSUs granted as compensation (total cash paid: $0).
• This was an award of earned performance-based RSUs rather than an open‑market purchase or sale, so it reflects compensation/recognition of performance rather than a personal buy or sell.

Key Details

• Transaction date and price: 2026-02-05, 61,536 shares @ $0.00 (award/grant).
• Filing date: Form 4 filed 2026-02-09 (timely under the 2-business-day rule).
• Shares owned after transaction: not specified in the provided filing details.
• Transaction code: A = Award/Grant.
• Footnote: These shares are PSUs granted on April 1, 2025; the reported number reflects PSUs earned based on performance. Vesting is service‑based: 1/4 of the shares vest on March 1, 2026, and 1/12 of the remaining shares on each June 1, Sept 1, Dec 1 and March 1 thereafter, subject to continued employment per the 2019 Equity Incentive Plan.

Context

• PSUs are performance-contingent restricted stock units: the company met performance conditions so PSUs converted to RSUs that will vest over time if Acocella remains employed. This is a compensation event, not a market purchase or sale.
• Awards can signal management/performance alignment but do not by themselves indicate insider buying or selling intent.