Acocella Kerry 4

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.