Galloreese David 4

What Happened

• David Galloreese, Chief People Officer of Datadog, sold 4,711 shares on June 2, 2026, generating approximately $1,258,564. The reported weighted-average price was $267.15; actual sale prices ranged from $267.15 to $268.36.
• This transaction was a sale to satisfy tax withholding obligations arising from the vesting of restricted stock units and performance-based restricted stock units, not an independent discretionary purchase.

Key Details

• Transaction date: 2026-06-02 (reported on Form 4 filed 2026-06-04 — timely filing).
• Shares sold: 4,711; Weighted-average price: $267.15; Total proceeds: ~$1,258,564. Range of prices: $267.15–$268.36 (full breakdown available on request per filing).
• Reason: Issuer-required sale to cover tax withholding on vested RSUs/PRSUs and related brokerage fees (filing footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Other note: Filing indicates inclusion of 29 shares acquired under the company ESPP on May 15, 2026 (footnote).

Context

• This was a routine tax-withholding sale tied to equity vesting rather than a market-timing purchase; such sales are common when companies or executives net out shares to satisfy taxes. No implication about the insider’s view of the company’s prospects should be inferred from this single filing.