Galloreese David 4
Research Summary
AI-generated summary
Datadog (DDOG) Chief People Officer David Galloreese Sells Shares
What Happened
David Galloreese, Chief People Officer of Datadog, sold 4,013 shares of DDOG stock in an open-market transaction on June 9, 2026. The weighted-average sale price was $228.90 per share, resulting in proceeds of $918,590. The sale was executed pursuant to a 10b5-1 trading plan.
Key Details
- Transaction date: June 9, 2026; filing date: June 11, 2026 (filed timely).
- Price: weighted-average $228.90; reported trade prices ranged from $228.16 to $229.90. (F2: price breakdown by individual trade available on request.)
- Shares sold: 4,013; proceeds: $918,590.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: (F1) Sale made under a 10b5-1 plan dated March 6, 2026; (F2) weighted-average price with range disclosed.
- Timeliness: Filing appears timely (reported within normal SEC reporting window).
Context
A 10b5-1 plan is a prearranged trading program that allows insiders to sell shares on a preset schedule and is commonly used to avoid questions about trading on material nonpublic information. Sales under such plans are often routine and do not necessarily indicate a change in the insider’s view of the company.