Datadog CEO sells 26,331 shares for taxes
Datadog’s CEO sold shares in a mandatory transaction to cover tax withholding from vested equity awards, retaining a substantial direct stake.
Rhea-AI Filing Summary
Datadog, Inc. (DDOG) reported that Chief Executive Officer and director Olivier Pomel sold 26,331 shares of Class A Common Stock on September 2, 2026. The company required this sale solely to cover tax withholding and related brokerage fees from vested restricted stock units and performance-based restricted stock units. After the transaction, Pomel directly held 586,416 shares of Class A Common Stock, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 26,331 shares
Net Sell
1 txn
Insider
Pomel Olivier
Role
Chief Executive Officer
Sold
26,331 shs ($5.61M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 26,331 | $212.9041 | $5.61M |
Holdings After Transaction:
Class A Common Stock — 586,416 shares (Direct)
Footnotes (2)
- F1. The Reporting Person was required by the Issuer to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units, as well as any related brokerage commission fees.
- F2. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $210.12 to $213.01. 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.
Key Figures
Shares sold: 26,331 shares
Weighted-average sales price: $212.90 per share
Post-transaction holdings: 586,416 shares
+2 more
5 metrics
Shares sold
26,331 shares
Class A Common Stock sold on September 2, 2026
Weighted-average sales price
$212.90 per share
Weighted-average price for the September 2, 2026 sale
Post-transaction holdings
586,416 shares
Class A Common Stock directly held by CEO after the sale
Price range of trades
$210.12–$213.01 per share
Range of prices at which shares were sold within the reported transaction
Net buy/sell shares in filing
26,331 net shares sold
Single reported transaction in this Form 4
Key Terms
weighted-average sales price, restricted stock units, performance-based restricted stock units, tax withholding obligations
4 terms
weighted-average sales price financial
"Price reported is a weighted-average sales price."
restricted stock units financial
"tax withholding obligations realized upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based restricted stock units financial
"vesting of restricted stock units and performance-based restricted stock units"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
tax withholding obligations financial
"necessary to cover applicable tax withholding obligations realized upon the vesting"
FAQ
What insider transaction did Datadog (DDOG) disclose for CEO Olivier Pomel?
Datadog disclosed that CEO Olivier Pomel sold 26,331 shares of Class A Common Stock on September 2, 2026, in a transaction required to cover tax withholding and related brokerage fees from vested equity awards.
At what price did the Datadog (DDOG) CEO’s Form 4 sale occur?
The Form 4 reports a weighted-average sales price of $212.90 per share. A footnote states the shares were sold in multiple trades at prices ranging from $210.12 to $213.01, and detailed trade data is available on request.
Was the Datadog (DDOG) CEO’s September 2026 sale under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, and no footnote states the sale was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.