Datadog, Inc. current report, 05 June 2024

Datadog, Inc. Form 8-K Summary

Business Context and Reporting Period

This Form 8-K reports on the results of Datadog, Inc.'s Annual Meeting of Stockholders held on June 5, 2024. The filing details the voting outcomes for three specific proposals submitted to security holders.

Key Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.

Material Changes and Voting Results

Stockholders voted on the following three proposals:

  • Proposal 1: Election of Directors
    • Alexis Lé-Quôc: Elected with 367,847,096 votes for, 64,412,433 votes withheld, and 34,713,758 broker non-votes.
    • Michael Callahan: Elected with 366,714,642 votes for, 65,544,887 votes withheld, and 34,713,758 broker non-votes.
  • Proposal 2: Advisory Vote on Executive Compensation
    • Approved with 408,515,550 votes for, 22,982,452 votes against, 761,527 votes abstain, and 34,713,758 broker non-votes.
  • Proposal 3: Ratification of Independent Auditor
    • Deloitte & Touche LLP was ratified for the year ending December 31, 2024, with 464,005,625 votes for, 1,378,463 votes against, and 1,589,199 votes abstain.

Guidance, Outlook, and Risks

The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.

Investor Verification Checklist

  • Verify the total number of shares outstanding to calculate the percentage of votes cast for each proposal.
  • Review the Proxy Statement filed on April 19, 2024, for detailed biographies of the newly elected directors.
  • Confirm the specific terms of the engagement with Deloitte & Touche LLP for the 2024 fiscal year.
  • Check subsequent filings for the official appointment of the new directors to the Board.