Datadog Insider Sales: 16,531 Shares Sold Under 10b5-1 Plan
Rhea-AI Filing Summary
Datadog, Inc. (DDOG) insider Adam Blitzer executed a series of open-market sales on September 2-3, 2025 that reduced his direct holdings to 181,728 shares of Class A common stock. The filings show four sales: 8,581 shares on 09/02/2025 at a weighted-average price of $133.8472, and three sales on 09/03/2025 totaling 7,950 shares at weighted-average prices of $131.7748, $132.5498, and $133.4387 respectively. The total shares sold across these transactions equal 16,531 shares.
The Form 4 explains the 09/02 sale was required to cover tax withholding on vested restricted stock units and performance-based restricted stock units. The 09/03 sales were executed pursuant to a 10b5-1 trading plan dated August 14, 2024. The filer discloses price ranges for the component trades and offers to provide detailed per-price breakdowns upon request.
Positive
- Sales were disclosed as tax-withholding on vesting RSUs and performance RSUs, indicating routine administrative disposition.
- Several sales on 09/03/2025 were executed under a 10b5-1 trading plan dated August 14, 2024, showing preplanned, non-discretionary trading.
- Filing provides weighted-average prices and price ranges and offers to provide per-price breakdowns on request, supporting disclosure transparency.
Negative
- The reporting person sold a total of 16,531 shares across 09/02/2025 and 09/03/2025, reducing direct beneficial ownership to 181,728 shares.
Insights
TL;DR: Routine tax-withholding sale and planned 10b5-1 dispositions reduced insider holdings to 181,728 shares; no extraordinary market signal.
The transactions are clearly documented as tax-related and executed under a pre-established 10b5-1 plan, which generally indicates scheduled, non-discretionary selling rather than opportunistic trading. Total disclosed sales equal 16,531 shares with weighted-average prices reported across a narrow $131.24–$133.85 range. For investors, this filing is informational about share count dilution at the insider level and does not present material operational or governance changes.
TL;DR: Insider followed disclosure and compliance protocols; sales were for tax-withholding and under a 10b5-1 plan, reflecting governance discipline.
The Form 4 identifies the relationship (Chief Operating Officer) and documents both the mandatory sale to satisfy withholding on vested equity and additional sales under a dated 10b5-1 plan. The filer also supplies weighted-average prices and offers granular price data on request, which supports transparent reporting. These elements align with good disclosure practice and reduce concerns about undisclosed insider trading activity.