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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 348,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 348,000 | $0.00 | -- |
| Gift | Class A Common Stock | 348,000 | $0.00 | -- |
Footnotes (1)
- 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. Shares donated to a donor-advised fund, which will use the gifted shares for charitable purposes.
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.
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.