Summary by Moomoo AI
Datadog Inc officer Armelle De Madre is set to sell 4,276 shares of common stock on 03/12/2024, as per the latest filing. The shares are valued at an aggregate market value of $519,320.20. The securities to be sold were acquired through PSU/RSU transactions, with 3,976 shares obtained on 03/01/2024 and an additional 300 shares on 12/01/2023, both directly from the issuer. This planned sale follows a significant transaction in the past three months where De Madre sold 12,654 shares, resulting in gross proceeds of $1,627,014.62. The notice of the upcoming sale was filed on the same day as the sale date, with the plan for this transaction having been adopted on 12/12/2023.