Datadog (NASDAQ: DDOG) CEO sells 127K shares under 10b5-1, exercises options
Rhea-AI Filing Summary
Datadog, Inc. Chief Executive Officer Olivier Pomel reported a mix of stock sales and derivative exercises involving the company’s Class A and Class B shares. On June 8, 2026, he executed open-market sales totaling 127,141 shares of Class A Common Stock at weighted-average prices generally between about $229 and $240 per share. These sales were made pursuant to a pre-arranged Rule 10b5-1 trading plan dated December 15, 2025, indicating they were scheduled in advance.
On the same date, Pomel also converted and exercised derivative securities to acquire 247,283 shares linked to Datadog equity, including conversions of Class B Common Stock into Class A Common Stock and exercises of stock options with exercise prices such as $10.74 and $0.9092 per share. Following these transactions, the filing shows continued direct ownership of substantial positions in both Class A and Class B shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 38,118 | $0.00 | -- |
| Exercise | Class B Common Stock | 38,118 | $0.9092 | $35K |
| Exercise | Stock Option (Right to Buy) | 35,715 | $0.00 | -- |
| Exercise | Class B Common Stock | 35,715 | $10.74 | $384K |
| Conversion | Class B Common Stock | 99,617 | $0.00 | -- |
| Conversion | Class A Common Stock | 99,617 | $0.00 | -- |
| Sale | Class A Common Stock | 12,168 | $229.2723 | $2.79M |
| Sale | Class A Common Stock | 20,254 | $230.4526 | $4.67M |
| Sale | Class A Common Stock | 40,741 | $231.0991 | $9.42M |
| Sale | Class A Common Stock | 23,215 | $232.1891 | $5.39M |
| Sale | Class A Common Stock | 20,507 | $233.1948 | $4.78M |
| Sale | Class A Common Stock | 3,956 | $234.1035 | $926K |
| Sale | Class A Common Stock | 3,819 | $235.119 | $898K |
| Sale | Class A Common Stock | 1,581 | $236.0276 | $373K |
| Sale | Class A Common Stock | 700 | $239.05 | $167K |
| Sale | Class A Common Stock | 200 | $240.05 | $48K |
Footnotes (1)
- Shares sold pursuant to a 10b5-1 plan dated December 15, 2025. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $228.71 to $229.70. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $229.71 to $230.70. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $230.71 to $231.70. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $231.71 to $232.70. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $232.71 to $233.70. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $233.74 to $234.55. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $234.75 to $235.68. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $235.80 to $236.62. 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. Option is fully vested and exercisable. 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.