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Datadog officer plans $8.8M sale of 40,000 shares

Datadog officer David Obstler filed a Rule 144 notice to sell 40,000 Class A shares, with prior three-month sales totaling 16,524 shares.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Datadog, Inc. (DDOG) is the issuer for a planned sale of Class A Common Stock under Rule 144 by officer David Obstler. The notice covers the proposed sale of 40,000 Class A shares through Morgan Stanley Smith Barney LLC, with an aggregate value of $8,848,400.00 and a reference to trading on NASDAQ.

The securities to be sold were acquired upon vesting of 18,959 restricted stock units on September 1, 2023 and 21,041 performance stock units on December 1, 2023 from the issuer. The filing also notes that in the past three months, 16,524 Class A shares were sold for $3,518,027.35. The RSU and PSU shares were registered on Form S-8.

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Planned shares to be sold 40,000 shares Class A Common Stock covered by the Rule 144 notice
Aggregate value of planned sale $8,848,400.00 Value associated with 40,000 Class A shares in the securities information section
Restricted stock units vested 18,959 units RSUs vested on September 1, 2023 from the issuer
Performance stock units vested 21,041 units PSUs vested on December 1, 2023 from the issuer
Recent shares sold 16,524 shares Class A Common shares sold on September 2, 2026 in the past three months
Proceeds from recent sale $3,518,027.35 Total consideration for 16,524 shares sold on September 2, 2026
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.
Restricted Stock Units financial
"Class A Common | 09/01/2023 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Stock Units financial
"Class A Common | 12/01/2023 | Performance Stock Units | Issuer"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Form S-8 regulatory
"Securities to be sold, acquired through RSU/PSU or upon option exercise, 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.

FAQ

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

What does the Form 144 filing disclose for Datadog, Inc. (DDOG)?

The filing discloses that officer David Obstler has filed a Rule 144 notice to sell 40,000 Class A Common shares of Datadog, Inc., with an indicated aggregate value of $8,848,400.00, to be sold through Morgan Stanley Smith Barney LLC on NASDAQ.

How many Datadog (DDOG) shares are planned to be sold under this Form 144?

The notice covers a proposed sale of 40,000 Class A Common shares of Datadog, Inc. The shares are listed under the securities information section as Class A Common with a total value of $8,848,400.00 in the planned transaction.

What Datadog (DDOG) stock sales by David Obstler occurred in the past three months?

The Form 144 states that in the past three months 16,524 Class A Common shares of Datadog, Inc. were sold on September 2, 2026 for total proceeds of $3,518,027.35. This history is reported in the "Securities Sold During The Past 3 Months" section.

Where will the Datadog (DDOG) shares covered by this Form 144 be sold?

The filing lists the broker as Morgan Stanley Smith Barney LLC Executive Financial Services, located in New York, with the securities identified as Class A Common of Datadog, Inc., and references trading on NASDAQ in connection with the planned sale of the 40,000 shares.

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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