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Datadog trust plans $689K Rule 144 share sale

Trust accounts related to a Datadog executive have filed to sell Class A shares under Rule 144, alongside recent 10b5-1 plan sales.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Datadog, Inc. (DDOG) has a notice of proposed sale under Rule 144 filed for Class A common stock held by the David Obstler Children 2019 Trust FBO Andrew Obstler. The trust plans to sell 3,000 Class A shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $689,760.00 as of the notice, and Datadog reports 334,904,614 Class A shares outstanding. The shares to be sold were acquired from previously exercised stock options on March 5, 2019 and were registered on Form S-8. The notice also lists recent 10b5-1 plan sales of Datadog Class A shares during the past three months by David Obstler and related children’s trusts.

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Planned shares to be sold 3,000 shares Class A common stock by David Obstler Children 2019 Trust FBO Andrew Obstler
Aggregate market value of planned sale $689,760.00 Proposed Rule 144 sale of 3,000 Class A shares
Shares outstanding 334,904,614 shares Datadog Class A common stock outstanding as referenced in the notice
Sale date reference September 21, 2026 Date tied to the proposed Rule 144 sale entry
Past 10b5-1 sale by David Obstler 40,000 shares for $9,098,879.00 Class A common stock sale on September 14, 2026
Past 10b5-1 sale by each children’s trust 12,000 shares for $2,729,663.70 Each of two children’s trusts on September 14, 2026
Additional sale by David Obstler 16,524 shares for $3,518,027.35 Class A common stock sale on September 2, 2026
Acquisition date of shares to be sold March 5, 2019 Shares obtained from previously exercised stock options
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10b5-1 regulatory
"10b5-1 Sales for DAVID OBSTLER 620 8th Avenue, 45th Floor"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Form S-8 regulatory
"were registered on Form S-8."
A Form S-8 is a U.S. Securities and Exchange Commission registration that lets a public company set aside shares for employee benefit plans and stock-based compensation. Think of it as opening a dedicated account that authorizes the company to issue or reserve stock for workers and directors; it matters to investors because it enables share dilution when those awards are granted or exercised and signals how management is compensated and incentivized.
Previously Exercised Stock Options financial
"Previously Exercised Stock Options | Issuer"
RSU/PSU financial
"Securities to be sold, acquired through RSU/PSU or upon option exercise"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Datadog (DDOG) Form 144 filing disclose about upcoming sales?

The filing discloses that the David Obstler Children 2019 Trust FBO Andrew Obstler intends to sell 3,000 Class A common shares of Datadog through Morgan Stanley Smith Barney LLC under Rule 144, with an indicated aggregate market value of $689,760.00.

Who is the selling security holder in this Datadog (DDOG) Form 144?

The selling security holder is the David Obstler Children 2019 Trust FBO Andrew Obstler. The form notes that information must also cover other persons whose sales are aggregated under Rule 144 paragraph (e).

How many Datadog (DDOG) shares were previously sold in the past three months?

The notice lists past three-month sales including 40,000 shares and 16,524 shares by David Obstler, and 12,000 shares each by two children’s trusts, all in Datadog Class A common stock, with disclosed dollar proceeds for each sale group.

Were the Datadog (DDOG) shares being sold under Rule 144 registered previously?

Yes. The remarks state that the securities to be sold, acquired through RSU/PSU or upon option exercise, were registered on Form S-8, indicating they originated from equity compensation plans.

What is the origin of the Datadog (DDOG) shares to be sold by the trust?

The 3,000 Class A shares to be sold by the David Obstler Children 2019 Trust FBO Andrew Obstler were acquired on March 5, 2019 from previously exercised stock options, with the issuer listed as Datadog, Inc.

Does the Datadog (DDOG) Form 144 mention trading plans?

Yes. The section on securities sold during the past three months identifies 10b5-1 sales for David Obstler and for two children’s trusts, all involving Class A common stock transactions on September 14, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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