Datadog (NASDAQ: DDOG) counsel sells shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. General Counsel and Secretary Kerry Acocella sold 13,857 shares of Class A common stock in an open-market transaction at $150.0000 per share on May 5, 2026. The sale was executed under a pre-arranged Rule 10b5-1 trading plan dated December 11, 2025. Following this transaction, she directly holds 140,489 shares of Datadog common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 13,857 shares ($2,078,550)
Net Sell
1 txn
Insider
Acocella Kerry
Role
General Counsel and Secretary
Sold
13,857 shs ($2.08M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 13,857 | $150.00 | $2.08M |
Holdings After Transaction:
Class A Common Stock — 140,489 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 13,857 shares
Sale price: $150.0000 per share
Shares owned after transaction: 140,489 shares
+1 more
4 metrics
Shares sold
13,857 shares
Open-market sale of Class A common stock on May 5, 2026
Sale price
$150.0000 per share
Price for the reported open-market transaction
Shares owned after transaction
140,489 shares
Direct holdings following the sale
Net shares sold
13,857 shares
Net sell direction from transaction summary
Key Terms
Rule 10b5-1, open-market sale, Form 4
3 terms
Rule 10b5-1 financial
"Shares sold pursuant to a 10b5-1 plan dated December 11, 2025."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action: "open-market sale""
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Datadog (DDOG) report for Kerry Acocella?
Datadog reported that General Counsel and Secretary Kerry Acocella sold 13,857 shares of Class A common stock. The shares were sold in an open-market transaction at $150.0000 per share on May 5, 2026, as disclosed in a Form 4 filing.
What type of security did Datadog’s insider sell in this Form 4 filing?
The transaction involved Datadog’s Class A common stock. Kerry Acocella, the company’s General Counsel and Secretary, executed an open-market sale of 13,857 Class A common shares at $150.0000 per share, as disclosed in the Form 4.