Form 4: Datadog General Counsel Donates Shares for Charity

Datadog's General Counsel and Secretary, Kerry Acocella, donated 2,625 shares of Class A Common Stock to a donor-advised fund for charitable purposes.

Summary

• Kerry Acocella, General Counsel and Secretary of Datadog, Inc. (DDOG), reported a disposition of shares.
• On December 15, 2025, Acocella gifted 2,625 shares of Datadog Class A Common Stock.
• The shares were donated to a donor-advised fund for charitable purposes, with a transaction price of $0 per share.
• Following this transaction, Kerry Acocella beneficially owns 81,838 shares of Class A Common Stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While it's a disposition of shares by an insider, it's for a charitable purpose, which is generally viewed favorably. It does not reflect negatively on the company's operational performance or future prospects.

Positives

• The donation of shares to a donor-advised fund supports charitable causes.
• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged and transparent approach to insider stock transactions.

Negatives

• The transaction represents a reduction in direct beneficial ownership by a key officer, though for a charitable purpose.

Future Outlook

The filing reports a specific insider transaction and does not provide forward-looking statements or guidance regarding the company's financial performance or strategic outlook.

Management Comments

• Shares donated to a donor-advised fund, which will use the gifted shares for charitable purposes.

Industry Context

Insider transactions, including charitable gifts, are a routine aspect of public company reporting. The use of a Rule 10b5-1 plan for such transactions is a common practice among executives to manage their stock holdings in compliance with insider trading regulations.

Stakeholder Impact

• Shareholders: Minimal direct impact as the number of shares is small relative to the company's total outstanding shares. The transaction does not indicate a change in management's confidence in the company.
• Charitable Organizations: Positive impact as the donor-advised fund will utilize the gifted shares for charitable purposes.

Key Dates

Keywords

Datadog, DDOG, Form 4, Insider Transaction, Stock Gift, Charitable Donation, Kerry Acocella, Rule 10b5-1