Datadog director trust sells 20,000 Class A shares
Datadog director Amit Agarwal, through family-related entities, converted 20,000 shares of Class B Common Stock into Class A and sold 20,000 Class A Common Stock shares on July 30, 2026.
Rhea-AI Filing Summary
Datadog director Amit Agarwal, through family-related entities, converted 20,000 shares of Class B Common Stock into Class A and sold 20,000 Class A Common Stock shares on July 30, 2026. The indirect sales by a family trust were executed under a Rule 10b5-1 trading plan dated March 13, 2026, at weighted-average per-share prices disclosed in the transaction footnotes. Entities associated with Agarwal hold Class B shares convertible into 593464 and 42976 Class A shares, plus 29071 Class A shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
12 txns
Insider
Agarwal Amit
Role
Director
Sold
20,000 shs ($5.34M)
Approx. gross sale proceeds
$5.34M
| 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 | $0.00 | $0.00 |
| Sale | Class A Common Stock F3, F4, F2 | 600 | $264.3533 | $159K |
| Sale | Class A Common Stock F3, F5, F2 | 2,047 | $265.2699 | $543K |
| Sale | Class A Common Stock F3, F6, F2 | 6,969 | $266.3233 | $1.86M |
| Sale | Class A Common Stock F3, F7, F2 | 7,084 | $267.1573 | $1.89M |
| Sale | Class A Common Stock F3, F8, F2 | 1,700 | $268.1159 | $456K |
| Sale | Class A Common Stock F3, F9, F2 | 1,600 | $268.9994 | $430K |
| holding | Class B Common Stock F1, F10 | -- | -- | -- |
| holding | Class B Common Stock F1, F11 | -- | -- | -- |
| holding | Class A Common Stock F10 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 823,523 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 (11)
- 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 $263.72 to $264.71. 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 $264.75 to $265.74. 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 $265.75 to $266.73. 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 $266.75 to $267.71. 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 $267.76 to $268.75. 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 $268.76 to $269.59. 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. Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
- F11. Shares are held by Reporting Person's spouse.
Key Figures
Shares converted: 20000 shares
Shares sold: 20000 shares
Sample sale price: $266.3233 per share
+3 more
6 metrics
Shares converted
20000 shares
Class B to Class A conversion on July 30, 2026 by related entity
Shares sold
20000 shares
Indirect sales of Class A Common Stock on July 30, 2026
Sample sale price
$266.3233 per share
Weighted-average price for 6969 Class A shares sold indirectly
Indirect convertible holdings (trust)
593464 shares
Underlying Class A shares from Class B held indirectly via a family trust
Indirect convertible holdings (spouse)
42976 shares
Underlying Class A shares from Class B held indirectly by spouse
Direct Class A holdings
29071 shares
Class A Common Stock held directly by Amit Agarwal after reported trades
Key Terms
Class B Common Stock, Class A Common Stock, 10b5-1 plan, weighted-average sales price
4 terms
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.
Class A Common Stock financial
"Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock..."
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.
10b5-1 plan regulatory
"Shares sold pursuant to a 10b5-1 plan dated March 13, 2026."
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold at prices ranging..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Were the DDOG insider sales made under a Rule 10b5-1 trading plan?
Yes. The sales are described as made pursuant to a 10b5-1 plan dated March 13, 2026, and the Rule 10b5-1 checkbox is affirmed. This indicates the trades followed a pre-arranged trading plan rather than being discretionary decisions made on the trade date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
