Ittycheria Dev 4

What Happened

• Ittycheria Dev, a director of Datadog, received a grant of 1,072 restricted stock units (RSUs) on 2026-06-15. The grant is recorded at $0.00 (an award, not a purchase), meaning no cash changed hands at grant.
• The RSUs are a contingent right to receive one share of Datadog Class A common stock per RSU upon vesting; the grant’s present reported value is $0.

Key Details

• Transaction date and type: 2026-06-15 — Award/Grant of 1,072 RSUs (transaction code A) at $0.00.
• Filing date: Form 4 filed 2026-06-17 (filed within the typical 2-business-day window).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: RSUs granted under the issuer’s non-employee director compensation policy; each RSU converts to one share upon vesting. Vesting occurs on the earlier of the company’s next annual meeting or June 15, 2027, subject to continuous service.
  • F2: Shares are held by LIDI 11 21 LLC; the Ittycheria Family Trust is the LLC’s sole member and the reporting person is a beneficiary.

Context

• RSU grants to non-employee directors are common compensation and do not involve immediate cash proceeds; they become actual shares only if and when they vest.
• This award is informational about compensation and future potential ownership; it should not be taken alone as a buy/sell signal.