Datadog (NASDAQ: DDOG) director offloads 59K shares over two days
Rhea-AI Filing Summary
Datadog, Inc. director Matthew Jacobson reported open-market sales of 59,424 shares of Class A Common Stock on August 13–14, 2026 across five transactions. Reported weighted-average prices ranged from about $248.79 to $256.74 per share. The shares are held through estate-planning trusts, and Jacobson disclaims beneficial ownership except for any pecuniary interest.
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Insights
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Insider Trade Summary
Net Seller: 59,424 shares
Net Sell
5 txns
Insider
Jacobson Matthew
Role
Director
Sold
59,424 shs ($15.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F5, F2 | 17,867 | $256.2064 | $4.58M |
| Sale | Class A Common Stock F6, F2 | 1,645 | $256.7448 | $422K |
| Sale | Class A Common Stock F1, F2 | 20,097 | $248.7894 | $5.00M |
| Sale | Class A Common Stock F3, F2 | 16,651 | $252.1984 | $4.20M |
| Sale | Class A Common Stock F4, F2 | 3,164 | $253.0124 | $801K |
Holdings After Transaction:
Class A Common Stock — 524,708 shares (Direct)
Footnotes (6)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $248.50 to $249.165. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F2. These shares are directly held by the Reporting Person through a trust of which he is a trustee and another estate planning trust having an independent trustee. The Reporting Person disclaims beneficial ownership of the shares held by such trusts for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $251.66 to $252.645. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $252.68 to $253.48. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F5. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $255.66 to $256.65. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F6. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $256.66 to $256.82. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
Key Figures
Total shares sold: 59,424 shares
Shares sold 2026-08-13 (block 1): 20,097 shares
Shares sold 2026-08-13 (block 2): 16,651 shares
+3 more
6 metrics
Total shares sold
59,424 shares
Aggregate net shares sold across all reported transactions
Shares sold 2026-08-13 (block 1)
20,097 shares
Class A Common Stock sold at a weighted-average price of $248.7894
Shares sold 2026-08-13 (block 2)
16,651 shares
Class A Common Stock sold at a weighted-average price of $252.1984
Shares sold 2026-08-13 (block 3)
3,164 shares
Class A Common Stock sold at a weighted-average price of $253.0124
Shares sold 2026-08-14 (block 1)
17,867 shares
Class A Common Stock sold at a weighted-average price of $256.2064
Shares sold 2026-08-14 (block 2)
1,645 shares
Class A Common Stock sold at a weighted-average price of $256.7448
Key Terms
weighted average price, pecuniary interest, beneficial ownership, Section 16 of the Exchange Act
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any."
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares held by such trusts"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 of the Exchange Act regulatory
"for purposes of Section 16 of the Exchange Act, except to the extent"
FAQ
What insider transaction did Datadog (DDOG) director Matthew Jacobson report on this Form 4?
Matthew Jacobson reported selling 59,424 shares of Datadog Class A Common Stock in five open-market transactions on August 13–14, 2026. All reported trades involved non-derivative shares and were coded as open-market or private sales.
Were Matthew Jacobson’s Datadog (DDOG) trades under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not marked as a trading plan. No footnote states that the reported August 2026 sales were made pursuant to a pre-arranged Rule 10b5-1 trading agreement.
What do the weighted-average prices mean in Matthew Jacobson’s Datadog (DDOG) Form 4?
Each reported per-share price is a weighted-average price for multiple trades within a price range, such as $248.50–$249.165 or $255.66–$256.65. Detailed trade-by-trade pricing can be provided to SEC staff upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.