Form 4: Datadog Director Titilope Cole Sells 2,210 Shares of Class A Common Stock
SEC Form 4 Filing
Director Titilope Cole sold 2,210 shares of Datadog (DDOG) Class A Common Stock at a price of $112.3373 on June 10, 2024.
Summary
- On June 10, 2024, Titilope Cole, a director of Datadog, Inc. (DDOG), sold 2,210 shares of Class A Common Stock.
- The transaction was executed at a price of $112.3373 per share.
- Following the transaction, Cole directly owns 6,451 shares of Datadog's Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of a stock sale by a company director. Without additional context, it's neither particularly positive nor negative.
Industry Context
This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on the company's operations or financial condition.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of the transaction: Titilope Cole sold 2,210 shares of Datadog Class A Common Stock. |
| 06/12/2024 | Date of signature by Kerry Acocella, Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.