Form 4: Datadog CEO Olivier Pomel Reports Routine Stock Transactions, Including Tax-Related Sale and Fund Distribution

Datadog, Inc. CEO and Director Olivier Pomel reported recent changes in his beneficial ownership of Class A Common Stock, including an acquisition from a fund distribution and a sale to cover tax withholding obligations.

Summary

• Olivier Pomel, Chief Executive Officer and Director of Datadog, Inc. (DDOG), reported changes in his beneficial ownership of the company's Class A Common Stock.
• On May 6, 2025, Mr. Pomel acquired 344 shares of Class A Common Stock at a price of $0 per share, as a pro rata distribution from a fund in which he is a limited partner.
• Following this acquisition, Mr. Pomel's direct beneficial ownership increased to 563,942 shares.
• On June 2, 2025, Mr. Pomel disposed of 15,227 shares of Class A Common Stock at a price of $116.841 per share.
• This disposition was a mandatory sale required by Datadog to cover applicable tax withholding obligations realized upon the vesting of restricted stock units (RSUs) and performance-based restricted stock units (PSUs), along with related brokerage commission fees.
• After the sale, Mr. Pomel's direct beneficial ownership of Class A Common Stock stands at 548,715 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While there was a sale of shares, it was a mandatory transaction for tax purposes, which is a routine event and not indicative of a change in management's outlook. The acquisition, though small, adds to beneficial ownership.

Positives

• Olivier Pomel acquired 344 shares of Class A Common Stock at $0 per share through a pro rata distribution from a fund, increasing his overall beneficial ownership prior to the subsequent tax-related sale.

Negatives

• Olivier Pomel disposed of 15,227 shares of Class A Common Stock, reducing his direct beneficial ownership, although this was a mandatory sale to cover tax obligations.

Related Party Transactions

• The acquisition of 344 shares was a pro rata distribution from a fund in which the Reporting Person (Olivier Pomel) is a limited partner, indicating a transaction with an entity where the insider has a financial interest.

Stakeholder Impact

• Shareholders: The reported transactions are routine insider ownership changes, with the sale primarily for tax obligations, and are unlikely to have a significant direct impact on shareholder value or perception beyond standard transparency.

Key Dates

Keywords

Datadog, DDOG, Olivier Pomel, CEO, Director, Insider Trading, Form 4, Stock Transaction, Share Sale, Share Acquisition, Tax Withholding, Restricted Stock Units, Performance-Based Restricted Stock Units, Beneficial Ownership