David Obstler to sell 75,000 Class A shares of Datadog (NASDAQ: DDOG)
Rhea-AI Filing Summary
David Obstler submitted a Form 144 notice proposing the sale of 75,000 shares of Class A Common Stock with an aggregate value listed as $17,558,250.00. The filing lists shares outstanding of 330,825,798 as of 06/08/2026. The excerpt also shows prior reported sales of 16,323 shares on 06/02/2026 for $4,360,761.27, and identifies 55,752 RSUs (09/01/2021) and 19,248 PSUs (03/01/2024) in the securities table.
Positive
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Negative
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Insights
Form 144 records a planned sale of 75,000 Class A shares and prior small sale.
The notice lists 75,000 shares with an aggregate amount of $17,558,250.00 and shows 16,323 shares sold on 06/02/2026 for $4,360,761.27. This is a declaration of intent to sell under Rule 144 reporting mechanics.
Timing and specific distribution methods are not provided in the excerpt; subsequent Form 4/144 amendments or broker reports would record actual transfers and purchasers.
Filing quantifies potential near-term share supply relative to outstanding shares.
The cover shows shares outstanding of 330,825,798 as of 06/08/2026, with a proposed sale of 75,000 shares. The listed RSUs (55,752) and PSUs (19,248) appear in the securities table as granted/issuer-held awards.
Cash‑flow treatment and whether proceeds go to the issuer or selling holder are not specified in the excerpt; follow-up filings will clarify execution and settlement.