Datadog director converts and sells 20,000 shares
Datadog, Inc. director Amit Agarwal reported transactions in Class A and Class B Common Stock through family trusts and a spouse-related account.
Rhea-AI Filing Summary
Datadog, Inc. director Amit Agarwal reported transactions in Class A and Class B Common Stock through family trusts and a spouse-related account. A trust converted 20,000 Class B shares into 20,000 Class A shares and then sold 20,000 Class A shares in multiple open-market trades at weighted-average prices between $255.24 and $270.68, pursuant to a Rule 10b5-1 trading plan. After these transactions, Agarwal continues to hold additional Class A shares directly and through trusts, as well as substantial Class B shares convertible into Class A.
Positive
- None.
Negative
- None.
Filing Explained
A director’s July 9, 2026 Form 4 records a planned Class A sale and Class B conversion, changing the disclosed holdings of his trust.
The
Form 4 reports an insider's transaction, with S identifying an open-market sale and C identifying the disclosed conversion transaction. The filing states that the sale entries were made pursuant to a Rule 10b5-1 plan dated
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
19 txns
Insider
Agarwal Amit
Role
Director
Sold
20,000 shs ($5.35M)
Approx. gross sale proceeds
$5.35M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1, F2 | 20,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1, F2 | 20,000 | -- | -- |
| Sale | Class A Common Stock F3, F4, F2 | 200 | $255.7321 | $51K |
| Sale | Class A Common Stock F3, F5, F2 | 200 | $257.205 | $51K |
| Sale | Class A Common Stock F3, F2 | 100 | $258.55 | $26K |
| Sale | Class A Common Stock F3, F2 | 100 | $260.05 | $26K |
| Sale | Class A Common Stock F3, F2 | 162 | $261.95 | $42K |
| Sale | Class A Common Stock F3, F6, F2 | 238 | $263.6166 | $63K |
| Sale | Class A Common Stock F3, F7, F2 | 400 | $264.4775 | $106K |
| Sale | Class A Common Stock F3, F8, F2 | 800 | $265.6545 | $213K |
| Sale | Class A Common Stock F3, F9, F2 | 4,073 | $266.982 | $1.09M |
| Sale | Class A Common Stock F3, F10, F2 | 8,027 | $267.8474 | $2.15M |
| Sale | Class A Common Stock F3, F11, F2 | 4,700 | $268.7284 | $1.26M |
| Sale | Class A Common Stock F3, F12, F2 | 700 | $269.5914 | $189K |
| Sale | Class A Common Stock F3, F13, F2 | 300 | $270.4933 | $81K |
| holding | Class B Common Stock F1, F14 | -- | -- | -- |
| holding | Class B Common Stock F1, F15 | -- | -- | -- |
| holding | Class A Common Stock F14 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 883,523 contracts for 593,464 underlying shares (Indirect, By Trust);
Class A Common Stock — 8,181 shares (Indirect, By Trust);
Class B Common Stock — 42,976 contracts (Indirect, By Spouse);
Class A Common Stock — 29,071 shares (Direct)
Footnotes (15)
- 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 March 13, 2026
- F4. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $255.24 to $256.22. 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.
- F5. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $257.18 to $257.23. 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 $263.15 to $264.12. 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 $264.24 to $264.69. 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 $265.28 to $266.06. 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 $266.34 to $267.33. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $267.34 to $268.31. 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.
- F11. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $268.37 to $269.34. 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.
- F12. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $269.39 to $269.92. 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.
- F13. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $270.4 to $270.68. 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.
- F14. Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
- F15. Shares are held by Reporting Person's spouse.
Key Figures
Shares sold: 20,000 shares of Class A Common Stock
Sale price range: $255.24 to $270.68 per share
Shares converted: 20,000 shares of Class B to Class A
+4 more
7 metrics
Shares sold
20,000 shares of Class A Common Stock
Open-market sales by a family trust on July 9, 2026
Sale price range
$255.24 to $270.68 per share
Weighted-average price ranges from multiple sale footnotes
Shares converted
20,000 shares of Class B to Class A
Conversion of Class B Common Stock into Class A Common Stock
Direct Class A holding
29,071 shares
Class A Common Stock held directly after transactions
Indirect Class A holding (trust)
6,541 shares
Class A Common Stock held indirectly by trust after transactions
Convertible Class B underlying
42,976 shares of Class A
Class B held by spouse, convertible into Class A Common Stock
Additional convertible Class B underlying
593,464 shares of Class A
Class B held by trust, convertible into Class A Common Stock
Key Terms
Rule 10b5-1 plan, weighted-average sales price, Class B Common Stock, Permitted Transfers, +1 more
5 terms
Rule 10b5-1 plan regulatory
"Shares sold pursuant to a 10b5-1 plan dated March 13, 2026"
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."
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.
Permitted Transfers regulatory
"except for certain "Permitted Transfers" as defined in the certificate"
initial public offering financial
"the tenth anniversary of the Issuer's initial public offering"
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
What did Datadog (DDOG) director Amit Agarwal report in this Form 4?
Amit Agarwal reported a conversion of 20,000 Class B shares into Class A and the sale of 20,000 Class A shares through a family trust, all on July 9, 2026.
What Datadog (DDOG) holdings does Amit Agarwal retain after these transactions?
After the reported trades, Amit Agarwal retains direct Class A holdings, additional Class A and Class B holdings through family trusts, and Class B shares convertible into 429,76 and 593,464 Class A shares, all shown as indirect ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
