Form 4: Datadog Executive Amit Agarwal Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Amit Agarwal, President of Datadog, Inc., filed a Form 4 disclosing changes in beneficial ownership of the company's stock, including acquisitions and indirect holdings through trusts and a spouse.
Summary
- On February 29, 2024, Amit Agarwal, President of Datadog, Inc., reported changes in his beneficial ownership of Datadog stock.
- The report indicates the acquisition of 10,400 shares of Class A Common Stock.
- Agarwal directly owns 579,607 shares of Class A Common Stock.
- He indirectly owns 59,666 shares through his spouse, 603,459 shares through the Agarwal 2018 Family Trust, and 1,056,725 shares through the Agarwal 2019 Family Trust.
- Each share of Class B Common Stock is convertible into one share of Class A Common Stock.
- The reporting person's spouse is the trustee for both the Agarwal 2018 Family Trust and the Agarwal 2019 Family Trust.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of earliest transaction (acquisition of shares) |
| 03/04/2024 | Date of signature for the Form 4 filing |
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