Form 4: Datadog's General Counsel Kerry Acocella Reports Acquisition of Restricted Stock Units

Kerry Acocella, General Counsel and Secretary of Datadog, Inc., reports the acquisition of restricted stock units representing 30,768 shares of Class A Common Stock on April 1, 2025.

Summary

• On April 1, 2025, Kerry Acocella, General Counsel and Secretary of Datadog, Inc., acquired restricted stock units (RSUs) representing 30,768 shares of Class A Common Stock.
• These RSUs vest in installments, starting with 12/48 of the shares on March 1, 2026, and the remainder in 12 equal installments on each June 1, September 1, December 1, and March 1 thereafter.
• Vesting is contingent upon Ms. Acocella's continued service with Datadog.
• Following the reported transaction, Ms. Acocella beneficially owns 120,589 shares of Class A Common Stock directly.

Sentiment

Score: 6

Explanation: The document is a neutral regulatory filing. The acquisition of RSUs is generally a positive sign, indicating alignment of interests between the executive and shareholders, but it's a routine event.

Positives

• The acquisition of RSUs by a key executive signals confidence in the company's future performance.

Future Outlook

The vesting schedule of the RSUs incentivizes the reporting person to remain with the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.

Stakeholder Impact

• Shareholders can monitor insider transactions to gauge executive sentiment and potential future performance.

Key Dates

Keywords

Datadog, Kerry Acocella, RSU, Class A Common Stock, Beneficial Ownership, Form 4, SEC, General Counsel, Secretary