Galloreese David 4
Research Summary
AI-generated summary
Datadog (DDOG) CPO David Galloreese Receives Award of 25,354 RSUs
What Happened
David Galloreese, Datadog's Chief People Officer, received a grant of 25,354 restricted stock units (RSUs) on April 1, 2026. The award was reported on a Form 4 filed April 3, 2026. The RSUs were granted at $0.00 (no cash paid at grant); each RSU represents the contingent right to one share of Class A common stock.
Key Details
- Transaction type/code: Award (A) — 25,354 RSUs granted on 2026-04-01 at $0.00 per unit.
- Filing: Form 4 filed 2026-04-03 for the April 1, 2026 grant (no late filing flag indicated).
- Shares owned after transaction: Not specified in the filing.
- Footnote: RSUs vest 12/48 of the shares on March 1, 2027, then the remainder vests in 12 equal installments on each June 1, Sept 1, Dec 1 and Mar 1 thereafter, subject to continued service under the 2019 Equity Incentive Plan.
Context
RSU grants are a form of compensation, not an open-market purchase or sale; they create future economic exposure if and when they vest and convert into shares. The reported grant itself has no immediate cash cost to the insider (grant price $0.00) and will only result in share ownership as vesting conditions are satisfied.