Acocella Kerry 4
Research Summary
AI-generated summary
Datadog (DDOG) GC Kerry Acocella Sells 5,371 Shares
What Happened Kerry Acocella, General Counsel and Secretary of Datadog (DDOG), sold a total of 5,371 shares in open‑market transactions on June 15, 2026, generating approximately $1,256,312 in proceeds. The sales were executed in multiple blocks at reported weighted‑average prices ranging from $230.15 to $238.21 (individual blocks listed below). The transactions are reported as sales (code S) and were made pursuant to a prearranged 10b5‑1 trading plan.
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (filed within the standard two-business-day window).
- Trades (shares / weighted‑avg price / proceeds):
- 501 shares @ $230.15 = $115,306 (price range reported $229.91–$230.67)
- 599 shares @ $231.62 = $138,738 (price range reported $231.02–$231.88)
- 1,371 shares @ $232.74 = $319,087 (price range reported $232.17–$233.06)
- 800 shares @ $233.69 = $186,954 (price range reported $233.19–$234.11)
- 400 shares @ $234.83 = $93,931 (price range reported $234.48–$235.26)
- 900 shares @ $236.05 = $212,441 (price range reported $235.49–$236.39)
- 700 shares @ $237.19 = $166,034 (price range reported $236.87–$237.68)
- 100 shares @ $238.21 = $23,821
- Total sold: 5,371 shares for ~$1,256,312.
- Shares owned after the transaction: not disclosed in the provided filing.
- Notable footnotes: sales were made pursuant to a 10b5‑1 plan dated Dec 11, 2025 (footnote F1). Several blocks list weighted‑average prices with reported price ranges (F2–F8); the reporting person can provide per‑price breakdowns on request.
Context
- These were prearranged sales under a 10b5‑1 trading plan, which generally indicates the trades were scheduled in advance and are often routine rather than a direct signal of the insider’s view on the company.
- No purchases, option exercises, or awards are reported in this filing; sales alone do not necessarily imply negative sentiment.
- Retail investors often place more informational weight on insider purchases than routine, preplanned sales.