Datadog (DDOG) General Counsel reports planned insider stock sales in Form 4
Rhea-AI Filing Summary
Datadog, Inc. insider transaction: The company’s General Counsel and Secretary, who is an officer of Datadog, reported selling Class A common stock on 12/05/2025. The filing shows three open-market sales of Class A common stock under transaction code "S," which indicates sales.
The officer sold 2,238 shares at a weighted-average price of $150.8607, 1,500 shares at a weighted-average price of $151.9109, and 200 shares at a weighted-average price of $152.71. After these transactions, the officer beneficially owned 84,463 shares of Datadog Class A common stock directly.
The sales were made pursuant to a pre-arranged Rule 10b5-1 trading plan, which was modified on May 30, 2025, and the reported prices are weighted averages over ranges disclosed in the footnotes.
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FAQ
What insider transaction did Datadog (DDOG) report in this Form 4?
Datadog reported that its General Counsel and Secretary, an officer of the company, sold shares of Class A common stock on 12/05/2025 in a series of open-market transactions.
How many Datadog (DDOG) shares did the officer sell on 12/05/2025?
The officer sold 2,238 shares, 1,500 shares, and 200 shares of Datadog Class A common stock in three separate transactions on 12/05/2025.
At what prices were the Datadog (DDOG) shares sold by the officer?
The reported prices are weighted-average sales prices: $150.8607 per share for 2,238 shares, $151.9109 per share for 1,500 shares, and $152.71 per share for 200 shares, each over specified price ranges.
How many Datadog (DDOG) shares does the officer still own after these sales?
Following the reported transactions, the officer beneficially owned 84,463 shares of Datadog Class A common stock directly.
Were the Datadog (DDOG) insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing states that the shares were sold pursuant to a 10b5-1 plan that was modified pursuant to Rule 10b5-1(c)(1)(iv) on May 30, 2025.
What do the weighted-average prices in the Datadog (DDOG) Form 4 mean?
Each reported price is a weighted-average sales price for multiple trades executed within a price range. The officer has agreed to provide the exact number of shares sold at each separate price within those ranges upon request.