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Datadog | 4: Statement of changes in beneficial ownership of securities-Director Shah Shardul

SEC announcement ·  Jun 13 04:18
Summary by Futu AI
Shah Shardul, associated with Datadog, Inc. [DDOG], completed a transaction involving a gift of Class A Common Stock on 06/10/2024. The transaction was executed as a bona fide gift, with 327,694 shares disposed of at a price of $0.00 per share, leaving Shardul with zero shares held directly after the transaction. Concurrently, an indirect acquisition of the same number of shares, 327,694, was recorded, with the shares held by a trust after the transaction totaling 475,281. The nature of the indirect beneficial ownership is specified as 'By Trust'. Both the disposal and acquisition were completed on the same date, with the transactions being classified as gifts and not involving any monetary exchange.
Shah Shardul, associated with Datadog, Inc. [DDOG], completed a transaction involving a gift of Class A Common Stock on 06/10/2024. The transaction was executed as a bona fide gift, with 327,694 shares disposed of at a price of $0.00 per share, leaving Shardul with zero shares held directly after the transaction. Concurrently, an indirect acquisition of the same number of shares, 327,694, was recorded, with the shares held by a trust after the transaction totaling 475,281. The nature of the indirect beneficial ownership is specified as 'By Trust'. Both the disposal and acquisition were completed on the same date, with the transactions being classified as gifts and not involving any monetary exchange.

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