Datadog director sells 20,000 shares in plan trade
Datadog, Inc. director Amit Agarwal, through family trusts, reported an open-market sale of 20,000 shares of Class A Common Stock on April 27, 2026, at weighted-average prices generally between about $128 and $134 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. director Amit Agarwal, through family trusts, reported an open-market sale of 20,000 shares of Class A Common Stock on April 27, 2026, at weighted-average prices generally between about $128 and $134 per share. The filing shows these sales were executed under a pre-arranged Rule 10b5-1 trading plan dated December 8, 2025.
On the same date, 20,000 shares of Class B Common Stock held indirectly were converted into Class A Common Stock and then sold. Following the transactions, Agarwal continues to hold Class A shares both directly and indirectly, as well as substantial indirect holdings of convertible Class B Common Stock through family trusts and by his spouse.
Insider Trade Summary 10b5-1
Exercise and Sale: 20,000 shares ($2.63M approx. pre-tax spread)
Exercise and Sale
12 txns
Insider
Agarwal Amit
Role
Director
Sold
20,000 shs ($2.63M)
Approx. gross sale proceeds
$2.63M
Approx. exercise cost
$0.00
Approx. pre-tax spread
$2.63M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 20,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 20,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 2,300 | $128.7304 | $296K |
| Sale | Class A Common Stock | 2,300 | $129.8683 | $299K |
| Sale | Class A Common Stock | 3,596 | $130.7159 | $470K |
| Sale | Class A Common Stock | 3,400 | $131.9636 | $449K |
| Sale | Class A Common Stock | 8,204 | $132.7632 | $1.09M |
| Sale | Class A Common Stock | 200 | $133.505 | $27K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 1,033,523 contracts for 603,464 underlying shares (Indirect, By Trust);
Class A Common Stock — 8,181 shares (Indirect, By Trust);
Class B Common Stock — 53,063 contracts (Indirect, By Spouse);
Class A Common Stock — 27,999 shares (Direct)
Footnotes (11)
- F1. Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the earliest of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation, (ii) the death of the Reporting Person in the case of shares held directly or in a trustee capacity, and (iii) the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock.
- F2. Shares are held directly by Agarwal 2018 Family Trust, of which the Reporting Person's spouse is Trustee.
- F3. Shares sold pursuant to a 10b5-1 plan dated December 8, 2025.
- F4. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $128.27 to $129.18. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F5. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $129.28 to $130.26. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F6. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $130.35 to $131.27. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F7. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $131.42 to $132.405. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F8. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $132.43 to $133.39. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F9. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $133.48 to $133.53. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F10. Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
- F11. Shares are held by Reporting Person's spouse.
Key Figures
Shares sold: 20,000 shares
Sale prices: $128.27–$133.53 per share
Post-sale indirect Class A holding: 21,640 shares
+5 more
8 metrics
Shares sold
20,000 shares
Class A Common Stock sold on April 27, 2026
Sale prices
$128.27–$133.53 per share
Weighted-average price ranges from footnotes F4–F9
Post-sale indirect Class A holding
21,640 shares
Class A Common Stock held indirectly by trust after transactions
Direct Class A holding
27,999 shares
Class A Common Stock held directly after reported date
Indirect Class B holding (trust)
430,059 shares
Class B Common Stock indirectly held by trust after conversion
Indirect Class B holding (spouse)
53,063 underlying shares
Class B Common Stock convertible into Class A, held by spouse
Additional Class B trust holding
603,464 underlying shares
Class B Common Stock convertible into Class A, held by family trust
10b5-1 plan date
December 8, 2025
Plan governing the reported Datadog share sales
Key Terms
Rule 10b5-1 plan, Class B Common Stock, weighted-average sales price, Permitted Transfers, +1 more
5 terms
Rule 10b5-1 plan financial
"Shares sold pursuant to a 10b5-1 plan dated December 8, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at any time..."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold at prices ranging..."
Permitted Transfers regulatory
"except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate..."
initial public offering financial
"the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock."
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Amit Agarwal report for Datadog (DDOG)?
Amit Agarwal reported indirect open-market sales of 20,000 Datadog Class A shares on April 27, 2026. The shares were sold in several tranches at weighted-average prices in the $128–$134 range, following a pre-established Rule 10b5-1 trading plan.
What happened to Datadog Class B Common Stock in this Form 4?
The Form 4 shows a conversion of 20,000 Class B Common Stock shares into an equal number of Class A shares, which were then sold. Footnotes explain each Class B share is generally convertible into one Class A share and has no expiration date under the described terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates