Datadog (DDOG) director Amit Agarwal sells 20,000 shares after Class B conversion
Rhea-AI Filing Summary
Datadog, Inc. director Amit Agarwal, through the Agarwal 2018 Family Trust, converted 20,000 shares of Class B Common Stock into 20,000 Class A shares on August 6, 2026 and sold 20,000 Class A shares in multiple open-market transactions pursuant to a Rule 10b5-1 plan dated March 13, 2026. The sales were executed indirectly by the trust at weighted-average prices ranging from the high $220s to low $240s per share. Agarwal remains indirectly associated with Class B shares convertible into 593,464 and 42,976 underlying Class A shares, and directly holds 29,071 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
19 txns
Insider
Agarwal Amit
Role
Director
Sold
20,000 shs ($4.70M)
Approx. gross sale proceeds
$4.70M
| 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 | 2,457 | $229.0128 | $563K |
| Sale | Class A Common Stock F3, F5, F2 | 2,143 | $229.7449 | $492K |
| Sale | Class A Common Stock F3, F6, F2 | 600 | $231.6567 | $139K |
| Sale | Class A Common Stock F3, F7, F2 | 1,100 | $232.6182 | $256K |
| Sale | Class A Common Stock F3, F8, F2 | 2,600 | $233.7817 | $608K |
| Sale | Class A Common Stock F3, F9, F2 | 1,902 | $234.7052 | $446K |
| Sale | Class A Common Stock F3, F10, F2 | 2,198 | $235.8513 | $518K |
| Sale | Class A Common Stock F3, F11, F2 | 1,200 | $236.8875 | $284K |
| Sale | Class A Common Stock F3, F12, F2 | 1,100 | $237.9427 | $262K |
| Sale | Class A Common Stock F3, F13, F2 | 2,100 | $239.0314 | $502K |
| Sale | Class A Common Stock F3, F14, F2 | 700 | $239.7971 | $168K |
| Sale | Class A Common Stock F3, F15, F2 | 1,100 | $240.8591 | $265K |
| Sale | Class A Common Stock F3, F16, F2 | 800 | $242.0191 | $194K |
| holding | Class B Common Stock F1, F17 | -- | -- | -- |
| holding | Class B Common Stock F1, F18 | -- | -- | -- |
| holding | Class A Common Stock F17 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 803,523 shares (Indirect, By Trust);
Class A Common Stock — 8,181 shares (Indirect, By Trust);
Class B Common Stock — 42,976 shares (Indirect, By Spouse);
Class A Common Stock — 29,071 shares (Direct)
Footnotes (18)
- 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 $228.35 to $229.32. 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 $229.38 to $230.3. 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 $231.24 to $232.05. 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 $232.27 to $233.1. 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 $233.31 to $234.27. 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 $234.31 to $235.17. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $235.32 to $236.31. 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.
- F11. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $236.32 to $237.24. 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.
- F12. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $237.38 to $238.34. 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.
- F13. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $238.42 to $239.34. 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.
- F14. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $239.55 to $240.42. 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.
- F15. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $240.62 to $241.4. 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.
- F16. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $241.76 to $242.16. 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.
- F17. Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
- F18. Shares are held by Reporting Person's spouse.
Key Figures
Shares converted: 20,000 shares
Shares sold: 20,000 shares
Sale price example: $229.0128 per share
+4 more
7 metrics
Shares converted
20,000 shares
Class B Common Stock converted into Class A Common Stock on August 6, 2026
Shares sold
20,000 shares
Class A Common Stock sold indirectly by trust on August 6, 2026
Sale price example
$229.0128 per share
One reported weighted-average sale price for 2,457 Class A shares
Highest reported sale price
$242.0191 per share
Weighted-average price for 800 Class A shares sold
Indirect convertible Class A (trust)
593,464 shares
Underlying Class A shares for Class B held indirectly by trust
Indirect convertible Class A (spouse)
42,976 shares
Underlying Class A shares for Class B held indirectly by spouse
Direct Class A holdings
29,071 shares
Class A Common Stock held directly after reported transactions
Key Terms
Rule 10b5-1 plan, Class B Common Stock, weighted-average sales price, Permitted Transfers, +1 more
5 terms
Rule 10b5-1 plan regulatory
"Shares sold pursuant to a 10b5-1 plan dated March 13, 2026."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
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.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold..."
Permitted Transfers regulatory
"except for certain "Permitted Transfers" as defined in the Issuer's amended..."
initial public offering financial
"the tenth anniversary of the Issuer's initial public offering of its Class A..."
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Datadog (DDOG) director Amit Agarwal report in this Form 4?
Amit Agarwal reported converting 20,000 Class B shares into 20,000 Class A shares and selling 20,000 Class A shares on August 6, 2026 through an indirect trust holding, under a pre-arranged Rule 10b5-1 trading plan.