Blitzer Adam 4
Research Summary
AI-generated summary
Datadog (DDOG) COO Adam Blitzer Receives PSU Award
What Happened
- Adam Blitzer, Chief Operating Officer of Datadog, was reported to have been granted/received 130,644 shares (reported as an award/acquisition) on 2026-02-05. The filing shows an acquisition price of $0.00 (this is a grant of restricted stock units/PSUs, not an open-market purchase or sale).
- This grant reflects PSUs that were originally granted on April 1, 2025 and were earned based on achievement of performance criteria. The award is compensation, not a purchase or sale, so it is generally a non-market transaction (no cash paid at grant).
Key Details
- Transaction date: 2026-02-05; Form 4 filed: 2026-02-09 (appears timely).
- Amount awarded: 130,644 shares; reported price: $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: The reported shares are PSUs earned for performance. Vesting schedule: 1/4 of the shares vest 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 continued service per the issuer’s 2019 Equity Incentive Plan.
- No indication of sale, tax withholding, 10b5-1 plan, or late filing in the provided data.
Context
- PSUs are performance-based restricted stock units: the number reported reflects achievement of performance goals, but final delivery is subject to continued employment per the vesting schedule. Such awards are standard executive compensation and do not by themselves signal an insider purchase or sale of stock.