DDOG CEO Form 4: 62,682 shares sold; 533,358 shares remain
Rhea-AI Filing Summary
Datadog (DDOG) Form 4: CEO and Director reported insider transactions on 11/03/2025. He converted a total of 125,364 shares from Class B to Class A (including 21,728 and 40,954 directly, plus 62,682 tied to a separate conversion) and sold 62,682 Class A shares under a Rule 10b5-1 plan dated September 13, 2024.
The sales occurred in multiple trades at weighted-average prices ranging from $160.57 to $165.15. Following these transactions, beneficial ownership of Class A shares was 533,358 directly. He also exercised 38,118 options at $0.9092.
Positive
- None.
Negative
- None.
Insights
Planned insider sales and conversions; routine, neutral impact.
The CEO executed pre-planned sales under a Rule 10b5-1 plan and converted Class B to Class A shares, a common step to facilitate liquidity. Reported sales totaled 62,682 Class A shares across multiple trades within the disclosed price ranges.
He also exercised 38,118 options at $0.9092 and reported post-transaction direct ownership of 533,358 Class A shares. These appear as administrative and liquidity events; actual market impact depends on trade size relative to average volume.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 38,118 | $0.00 | -- |
| Exercise | Class B Common Stock | 38,118 | $0.9092 | $35K |
| Conversion | Class B Common Stock | 62,682 | $0.00 | -- |
| Conversion | Class A Common Stock | 21,728 | $0.00 | -- |
| Conversion | Class A Common Stock | 40,954 | $0.00 | -- |
| Sale | Class A Common Stock | 2,000 | $161.1284 | $322K |
| Sale | Class A Common Stock | 9,308 | $162.1909 | $1.51M |
| Sale | Class A Common Stock | 14,338 | $163.0306 | $2.34M |
| Sale | Class A Common Stock | 6,577 | $163.9254 | $1.08M |
| Sale | Class A Common Stock | 30,459 | $165.0073 | $5.03M |
Footnotes (1)
- 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. Shares sold pursuant to a 10b5-1 plan dated September 13, 2024. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $160.5700 to $161.4400. 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 $161.5800 to $162.5700. 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 $162.5800 to $163.5700. 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 $163.6000 to $164.4000. 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 $164.7200 to $165.1500. 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. Option is fully vested and exercisable.
