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Datadog CEO Olivier Pomel sells $6.95m in stock

Created at 4 Jun · 4:17 AM4 sources↑ Market-relevant4 events
IN SHORT

Datadog CEO Olivier Pomel sold $6.95 million worth of company stock on Tuesday. This follows a recent sale by Chief People Officer David Galloreese.

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Key Numbers

$6.95mvalue of stock sold by Datadog CEO

Who's Involved

Olivier Pomel
CEO of Datadog who sold stock
Datadog
Company whose stock was sold

↳ Why This Matters

Insider selling by top executives can sometimes be interpreted by the market as a signal of reduced confidence in future stock performance, although it can also be for personal financial planning reasons.

Key facts

  • Datadog CEO Olivier Pomel sold company stock.
  • The value of the stock sold was $6.95 million.
  • The sale occurred on Tuesday.

Datadog CEO Olivier Pomel has sold $6.95 million worth of the company's stock. The transaction took place on Tuesday. This sale follows a recent stock sale by Datadog's Chief People Officer, David Galloreese, who sold shares valued at $1.26 million.

Frequently asked questions

Olivier Pomel is the Chief Executive Officer of Datadog.

He sold shares of Datadog stock.

The shares sold were valued at $6.95 million.

The sale occurred on Tuesday.

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How It Developed

5 Jun · 1:10 AM
Datadog CEO Olivier Pomel sold $6.95 million in company stock on Tuesday.
Investing.com via PiQSuite
4 Jun · 10:04 PM
Datadog's Chief Revenue Officer, Sean Walters, sold $3.58 million in company stock.
Investing.com via PiQSuite
4 Jun · 10:04 PM
Datadog Chief People Officer David Galloreese sold $1.26 million in company stock.
Investing.com via PiQSuite
3 Jun · 1:06 PM
Datadog stock declined after a director sold shares, with the report detailing the extent of the sales and their market impact.
Investing.com via PiQSuite

Sources

T1
Datadog stock slips on director share salesm.piqsuite.com
T1
Datadog CRO Sean Walters sells $3.58m in stockm.piqsuite.com
T1
Datadog chief people officer David Galloreese sells $1.26m in stockm.piqsuite.com
T1
Datadog CEO Olivier Pomel sells $6.95m in company stockm.piqsuite.com

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