Datadog (NASDAQ: DDOG) director trust 10b5-1 sale totals 7,916 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. reported that on February 13, 2026, 7,916 shares of its Class A common stock held by the 2019 Shah Family Trust were sold in open-market transactions under a Rule 10b5-1 trading plan dated June 13, 2025. The weighted-average sale prices ranged from $122.78 to $129.22. After these sales, the trust held 332,785 Class A shares, and director Shardul Shah also had 2,106 Class A shares held directly. The reporting person, as trustee, disclaims beneficial ownership of the trust shares except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,916 shares ($998,892)
Net Sell
8 txns
Insider
Shah Shardul
Role
Director
Sold
7,916 shs ($999K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 582 | $123.3731 | $72K |
| Sale | Class A Common Stock | 806 | $124.3193 | $100K |
| Sale | Class A Common Stock | 2,521 | $125.1799 | $316K |
| Sale | Class A Common Stock | 1,100 | $126.1272 | $139K |
| Sale | Class A Common Stock | 1,206 | $127.4373 | $154K |
| Sale | Class A Common Stock | 1,100 | $128.4659 | $141K |
| Sale | Class A Common Stock | 601 | $129.0643 | $78K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 340,119 shares (Indirect, By Trust);
Class A Common Stock — 2,106 shares (Direct)
Footnotes (1)
- Shares sold pursuant to a 10b5-1 plan dated June 13, 2025. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $122.78 to $123.77. 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. The shares are held by the 2019 Shah Family Trust, of which Reporting Person is Trustee. The Reporting Person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $123.81 to $124.79. 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 $124.81 to $125.76. 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 $125.82 to $126.67. 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 $126.82 to $127.77. 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 $127.86 to $128.79. 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 $128.92 to $129.22. 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.
FAQ
What insider transaction did Datadog (DDOG) disclose for Shardul Shah?
Datadog disclosed that 7,916 Class A shares held by the 2019 Shah Family Trust associated with director Shardul Shah were sold on February 13, 2026. These were open-market sales reported on a Form 4 insider filing.
Were the Datadog (DDOG) insider sales by the Shah Family Trust under a 10b5-1 plan?
Yes. A footnote states the shares were sold pursuant to a Rule 10b5-1 trading plan dated June 13, 2025. Such pre-arranged plans allow insiders to schedule trades in advance under predefined conditions.
Does Shardul Shah claim full beneficial ownership of the Shah Family Trust’s Datadog (DDOG) shares?
No. The filing notes the 2019 Shah Family Trust is trustee-controlled by Shah, but he disclaims Section 16 beneficial ownership of those shares except for any pecuniary interest. This limits how his economic stake is characterized legally.