Acocella Kerry 4
4 · Datadog, Inc. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Datadog (DDOG) General Counsel Kerry Acocella Sells 7,252 Shares
What Happened Kerry Acocella, General Counsel and Secretary of Datadog (DDOG), sold 7,252 shares on June 2, 2026, generating proceeds of approximately $1,937,404. The filing reports a weighted-average sale price of $267.15; individual sale prices ranged from $267.15 to $268.44. This was a sale (routine disposition) to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs) and performance-based RSUs.
Key Details
- Transaction date: June 2, 2026; Form 4 filed June 4, 2026 (timely filing).
- Shares sold: 7,252; weighted-average price: $267.15; price range: $267.15–$268.44.
- Proceeds: ~$1,937,404.
- Reason: Issuer-required sale to cover tax withholding on vested RSUs and PRSUs (footnote F1).
- Footnote F2: Price shown is weighted-average; the reporting person can provide the exact number of shares sold at each price on request.
- Shares owned after the transaction: not specified in the excerpt of the filing.
Context This sale appears to be a routine tax-withholding disposition following vesting of equity awards, not an independent market-timing buy/sell decision. Such sell-to-cover transactions are common among executives and typically do not by themselves signal a change in an insider’s outlook.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-06-02$267.15/sh−7,252$1,937,404→ 133,237 total
Footnotes (2)
- [F1]The Reporting Person was required by the Issuer to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units, as well as any related brokerage commission fees.
- [F2]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $267.15 to $268.44. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.