DDOG insider files Form 144 for 41,468-share sale via Morgan Stanley

Rhea-AI Filing Summary

Datadog, Inc. (DDOG) Form 144 notice reports a proposed sale of 41,468 shares of common stock through Morgan Stanley Smith Barney for an aggregate market value of $5,667,846.24, against 323,270,704 shares outstanding. The shares were acquired and will be sold on 09/02/2025 following an exercise of stock options with cash payment. The filing lists prior 10b5-1 sales for the same account in the past three months: 127,105 shares on 06/04/2025 (gross proceeds $15,247,350.56), 41,468 shares on 07/14/2025 ($5,775,376.62), and 41,468 shares on 08/05/2025 ($5,576,002.91). The filer certifies no undisclosed material information and references Rule 10b5-1 trading plan procedures.

Positive

• Clear compliance with Rule 144 disclosure requirements including broker, share counts, and market values
• Use of Rule 10b5-1 trading plan is disclosed for recent sales, supporting procedural transparency
• Exercise and sale funded in cash—the filing states acquisition by option exercise and cash payment

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine insider liquidity event; sale sizes are small relative to outstanding shares and appear processed under a trading plan.

The filing documents an option exercise and immediate proposed sale of 41,468 common shares valued at $5.67 million. Recent 10b5-1 sales totaling 210,041 shares in the prior three months generated approximately $26.6 million in gross proceeds. As a percentage of the 323.27 million shares outstanding, these disposals are immaterial to share count and likely reflect personal liquidity rather than a change in corporate ownership or control. The explicit reference to Rule 10b5-1 and the representation about nonpublic information support compliance with insider trading rules.

Corporate Governance Expert

TL;DR: Filing indicates procedural compliance; disclosure of multiple 10b5-1 sales enhances governance transparency.

The notice provides required disclosure for a proposed sale following option exercise and lists multiple recent 10b5-1 sales for the same account. This transparency is consistent with good governance practices addressing insider transactions. The certification regarding absence of material nonpublic information and the dated sale entries help investors assess timing and intent. No departures from standard filing requirements are evident in the provided document.

09/02/2025 - 04:42 PM

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	41468	5667846.24	323270704	09/02/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/02/2025	Exercise of Stock Options	Issuer			41468	09/02/2025	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for ALEXIS T LEQUOC 620 8th Avenue, 45th Floor New York NY 10018	Class A	08/05/2025	41468	5576002.91
10b5-1 Sales for ALEXIS T LEQUOC 620 8th Avenue, 45th Floor New York NY 10018	Class A	07/14/2025	41468	5775376.62
10b5-1 Sales for ALEXIS T LEQUOC 620 8th Avenue, 45th Floor New York NY 10018	Class A	06/04/2025	127105	15247350.56

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What shares is DDOG insider proposing to sell in the Form 144?

The notice reports a proposed sale of 41,468 common shares through Morgan Stanley Smith Barney.

What is the aggregate market value of the proposed sale reported in the DDOG Form 144?

The aggregate market value is reported as $5,667,846.24 for the 41,468 shares.

When were the shares acquired and how were they acquired according to the filing?

The shares were acquired on 09/02/2025 by exercise of stock options, with payment in cash on the same date.

Has the filer made other sales recently according to the document?

Yes. The filing lists 10b5-1 sales in the past three months: 127,105 shares on 06/04/2025 ($15,247,350.56), and 41,468 shares on 07/14/2025 ($5,775,376.62) and 08/05/2025 ($5,576,002.91).

Does the filer certify anything about material nonpublic information?

Yes. By signing the notice the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.