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Datadog | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Mar 13 16:25
Summary by Moomoo AI
Datadog Inc Cl A has announced that the DAVID OBSTLER CHILDREN 2019 TRUST, associated with an officer of the company, is set to sell 11,167 shares of common stock. The sale is valued at approximately $1,373,429 and is scheduled to occur on 03/13/2024. These shares were originally acquired on 09/28/2018 through the exercise of stock options, purchased from the issuer with cash. Over the past three months, a total of 171,007 shares have been sold by the trust, generating gross proceeds of $20,888,456. The notice of the upcoming sale was filed on the same day as the planned transaction date, with the instruction for the sale having been adopted on 12/10/2023.
Datadog Inc Cl A has announced that the DAVID OBSTLER CHILDREN 2019 TRUST, associated with an officer of the company, is set to sell 11,167 shares of common stock. The sale is valued at approximately $1,373,429 and is scheduled to occur on 03/13/2024. These shares were originally acquired on 09/28/2018 through the exercise of stock options, purchased from the issuer with cash. Over the past three months, a total of 171,007 shares have been sold by the trust, generating gross proceeds of $20,888,456. The notice of the upcoming sale was filed on the same day as the planned transaction date, with the instruction for the sale having been adopted on 12/10/2023.
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