Phillips Dominic 4
Research Summary
AI-generated summary
Datadog Director Dominic Phillips Receives RSU Award (5,151)
What Happened
- Dominic Phillips, a director of Datadog, Inc. (DDOG), was granted 5,151 restricted stock units (RSUs) on February 26, 2026. The grant is reported as an award/acquisition at $0 cash consideration. Each RSU represents a contingent right to one share of Datadog Class A common stock.
Key Details
- Transaction date: 2026-02-26; Filing date (Form 4): 2026-03-02 (filed within the standard two-business-day window).
- Transaction type/code: A (Award/Grant); reported price: $0.00; shares/units granted: 5,151.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The RSUs vest in three equal annual installments beginning Feb 26, 2027, subject to continuous service (per the issuer’s non‑employee director compensation policy).
- No tax‑withholding or sale-on-vesting details were reported in this filing.
Context
- This is a routine equity grant to a non‑employee director as part of compensation, not a market purchase or sale. Grants like this typically serve as long-term compensation and generally vest over time, so they do not represent an immediate purchase or liquidation signal.