Datadog (NASDAQ: DDOG) CRO trims stake with 11,876-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc.’s Chief Revenue Officer Sean Michael Walters reported selling 11,876 shares of Class A Common Stock in open-market transactions on June 11, 2026. The trades were executed under a Rule 10b5-1 trading plan dated December 12, 2025, indicating they were pre-scheduled.
The sales were split across multiple transactions at reported weighted-average prices near $230 per share, including 1,479 shares at $233.9133 per share. Following these sales, Walters holds 270,096 Datadog shares directly, plus 8 shares indirectly held by his son.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 11,876 shares ($2,743,551)
Net Sell
10 txns
Insider
Walters Sean Michael
Role
Chief Revenue Officer
Sold
11,876 shs ($2.74M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 200 | $225.1832 | $45K |
| Sale | Class A Common Stock | 200 | $226.105 | $45K |
| Sale | Class A Common Stock | 800 | $227.535 | $182K |
| Sale | Class A Common Stock | 800 | $228.7598 | $183K |
| Sale | Class A Common Stock | 2,300 | $229.7562 | $528K |
| Sale | Class A Common Stock | 2,287 | $230.8406 | $528K |
| Sale | Class A Common Stock | 1,613 | $232.014 | $374K |
| Sale | Class A Common Stock | 2,197 | $232.9037 | $512K |
| Sale | Class A Common Stock | 1,479 | $233.9133 | $346K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 270,096 shares (Direct, null);
Class A Common Stock — 8 shares (Indirect, By Son)
Footnotes (1)
- Shares sold pursuant to a 10b5-1 plan dated December 12, 2025. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $224.79 to $225.56. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $226.03 to $226.18. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $227.11 to $228.08. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $228.13 to $229.05. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $229.19 to $230.17. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $230.40 to $231.37. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $231.45 to $232.36. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $232.46 to $233.38. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $233.54 to $234.20. 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.
Key Figures
Shares sold: 11,876 shares
Direct holdings after sale: 270,096 shares
Indirect holdings: 8 shares
+3 more
6 metrics
Shares sold
11,876 shares
Total Datadog Class A shares sold on June 11, 2026
Direct holdings after sale
270,096 shares
Datadog Class A shares directly owned by Walters post-transaction
Indirect holdings
8 shares
Class A shares reported as owned indirectly through son
Sample sale price
$233.9133 per share
Price for 1,479-share open-market sale on June 11, 2026
10b5-1 plan date
December 12, 2025
Pre-arranged trading plan governing reported sales
Number of sale transactions
9 transactions
Non-derivative open-market sales coded “S”
Key Terms
Rule 10b5-1 plan, weighted-average sales price, Class A Common Stock
3 terms
Rule 10b5-1 plan regulatory
"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.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold at prices ranging..."
Class A Common Stock financial
"security_title: Class A Common Stock in multiple non-derivative sale transactions"
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.
FAQ
What did Datadog (DDOG) insider Sean Michael Walters report in this Form 4?
Sean Michael Walters, Datadog’s Chief Revenue Officer, reported selling 11,876 shares of Class A Common Stock on June 11, 2026. The sales were executed in multiple open-market transactions under a pre-arranged Rule 10b5-1 trading plan dated December 12, 2025.
What type of transactions did Datadog (DDOG) insider Sean Michael Walters execute?
Walters executed open-market sales of Datadog Class A Common Stock, coded as “S” transactions on the Form 4. These are standard sale transactions, not option exercises, gifts, or tax-withholding events, and are categorized as non-derivative trades in the filing data.
Does the Datadog (DDOG) Form 4 show any remaining derivative positions for Sean Michael Walters?
The derivative section in the provided filing data is empty, indicating no derivative transactions were reported in this Form 4. The report focuses solely on sales of non-derivative Class A Common Stock and the resulting direct and indirect share ownership positions.