Datadog, Inc. (DDOG) CEO reports 348,000-share conversion and gift of stock
Rhea-AI Filing Summary
Datadog, Inc.'s chief executive officer and director reported a share conversion and charitable transfer involving the company’s stock. On 12/12/2025, the reporting person converted 348,000 shares of Class B Common Stock into 348,000 shares of Class A Common Stock at a price of $0 per share. On the same date, they disposed of 348,000 Class A shares as a gift to a donor-advised fund that will use the shares for charitable purposes. After these transactions, the reporting person directly beneficially owned 518,133 shares of Class A Common Stock and 7,974,420 derivative securities representing Class B Common Stock, which is convertible one-for-one into Class A and has no expiration date.
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FAQ
What insider transaction did Datadog (DDOG) report in this filing?
The filing reports that Datadog’s chief executive officer and director converted 348,000 shares of Class B Common Stock into 348,000 shares of Class A Common Stock and then gifted 348,000 Class A shares to a donor-advised fund.
How many Datadog Class A shares does the reporting person own after the transaction?
Following the reported transactions, the reporting person beneficially owned 518,133 shares of Datadog Class A Common Stock directly.
How many Datadog Class B shares remain beneficially owned after the conversion?
After converting 348,000 Class B shares, the reporting person beneficially owned 7,974,420 derivative securities representing Datadog Class B Common Stock.
What happened to the 348,000 Datadog Class A shares disposed of in the filing?
The 348,000 Class A shares were donated to a donor-advised fund, which, according to the filing, will use the gifted shares for charitable purposes.
What are the key features of Datadog’s Class B Common Stock mentioned here?
Each share of Datadog Class B Common Stock is convertible at any time into one share of Class A Common Stock and has no expiration date. Class B shares also automatically convert into Class A under certain conditions, including specified transfers, the death of the reporting person, or the tenth anniversary of Datadog’s initial public offering of Class A Common Stock.