Datadog (DDOG) CRO sells shares to cover RSU tax obligations
Rhea-AI Filing Summary
Datadog, Inc. Chief Revenue Officer Sean Michael Walters reported an open-market sale of 13,409 shares of Class A Common Stock. The shares were sold at a weighted-average price of $267.1544 per share, with individual sale prices ranging from $267.15 to $268.44.
According to the disclosure, Walters was required by Datadog to sell only the number of shares needed to cover tax withholding obligations arising from the vesting of restricted stock units and performance-based restricted stock units, plus related brokerage fees. After the sale, he directly held 270,296 shares of Class A Common Stock and indirectly held 8 shares through his son.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 13,409 | $267.1544 | $3.58M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $267.15 to $268.44. 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. Includes 95 shares acquired on May 15, 2026 under the Issuers Employee Stock Purchase Plan.
Key Figures
Key Terms
restricted stock units financial
performance-based restricted stock units financial
weighted-average sales price financial
Employee Stock Purchase Plan financial
FAQ
What did Datadog (DDOG) executive Sean Michael Walters report in this Form 4?
Sean Michael Walters reported selling 13,409 shares of Datadog Class A Common Stock. The transaction was an open-market sale at a weighted-average price of $267.1544 per share, executed to cover tax withholding obligations from vested stock awards.