Datadog (NASDAQ: DDOG) CRO sells 7,657 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. Chief Revenue Officer Sean Michael Walters sold 7,657 shares of Class A Common Stock at $188.50 per share in an open‑market transaction. The sale was executed on May 7, 2026 and was made pursuant to a Rule 10b5-1 trading plan dated December 12, 2025, indicating it was pre‑scheduled.
After the transaction, Walters directly holds 283,610 Class A shares. The filing also notes an additional 8 Class A shares held indirectly through his son, reported as indirect ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 7,657 shares ($1,443,345)
Net Sell
2 txns
Insider
Walters Sean Michael
Role
Chief Revenue Officer
Sold
7,657 shs ($1.44M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,657 | $188.50 | $1.44M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 283,610 shares (Direct, null);
Class A Common Stock — 8 shares (Indirect, By Son)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 7,657 shares
Sale price: $188.50 per share
Direct holdings after sale: 283,610 shares
+2 more
5 metrics
Shares sold
7,657 shares
Class A Common Stock sold on May 7, 2026
Sale price
$188.50 per share
Open-market sale of Datadog Class A Common Stock
Direct holdings after sale
283,610 shares
Class A Common Stock directly held by Sean Michael Walters
Indirect holdings
8 shares
Class A Common Stock held indirectly by son
10b5-1 plan date
December 12, 2025
Plan governing the reported share sale
Key Terms
Rule 10b5-1 plan, Class A Common Stock, open-market sale, indirect ownership
4 terms
Rule 10b5-1 plan financial
"Shares sold pursuant to a 10b5-1 plan dated December 12, 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 A Common Stock financial
"Class A Common Stock sold at $188.50 per share in an open-market transaction."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"The filing also notes an additional 8 Class A shares held indirectly through his son"
FAQ
What insider transaction did Datadog (DDOG) report for Sean Michael Walters?
Datadog reported that Chief Revenue Officer Sean Michael Walters sold 7,657 shares of Class A Common Stock. The open-market sale occurred on May 7, 2026 and is detailed in a Form 4 insider trading filing.
Was the Datadog (DDOG) insider sale by Sean Michael Walters pre-planned?
Yes. The Form 4 footnote states that the 7,657 Datadog Class A shares were sold pursuant to a Rule 10b5-1 trading plan. The plan is dated December 12, 2025, indicating the sale was pre-scheduled rather than an ad hoc trade.
What role does Sean Michael Walters hold at Datadog (DDOG)?
Sean Michael Walters is Datadog’s Chief Revenue Officer. His position is identified in the Form 4 filing, which discloses his sale of 7,657 Class A Common Stock shares and his remaining direct and indirect ownership stakes.