Datadog, Inc.·4

Apr 3, 4:55 PM ET

Blitzer Adam 4

Research Summary

AI-generated summary

Updated

Datadog COO Adam Blitzer Receives 59,295-Share RSU Award

What Happened

  • Adam Blitzer, COO of Datadog, was granted 59,295 restricted stock units (RSUs) on April 1, 2026. The grant is recorded as an award/acquisition (code A) at $0.00 per share (no cash paid). Each RSU represents the contingent right to receive one share of Datadog Class A common stock upon vesting.

Key Details

  • Transaction date: 2026-04-01; filing date: 2026-04-03 (filing appears timely).
  • Type/code: Award/Grant (A); price reported: $0.00 per share.
  • Shares/units granted: 59,295 RSUs (each converts 1:1 to Class A common stock upon vesting).
  • Shares owned after transaction: Not disclosed in the filing.
  • Footnote: Vesting schedule — 12/48 of the RSUs vest on March 1, 2027; the remainder vests in 12 equal installments on each June 1, Sept 1, Dec 1 and March 1 thereafter, subject to continued service under the 2019 Equity Incentive Plan.

Context

  • RSU grants are contingent awards; they do not deliver shares or cash until vesting conditions are met, so this is not an immediate sale or purchase of market stock. The grant compensates and aligns the executive with shareholder interests but does not itself indicate a buy/sell signal.