Datadog (NASDAQ: DDOG) CRO sells 22,330 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. Chief Revenue Officer Sean Michael Walters reported open-market sales of Class A common stock. On March 11, 2026, he sold a total of 22,330 shares in multiple transactions at weighted-average prices between $124.35 and $127.58, under a pre-arranged Rule 10b5-1 trading plan dated December 10, 2024. Following these sales, he continued to hold 238,384 shares directly and 8 shares indirectly through his son.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 22,330 shares ($2,806,479)
Net Sell
5 txns
Insider
Walters Sean Michael
Role
Chief Revenue Officer
Sold
22,330 shs ($2.81M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,971 | $124.9839 | $1.37M |
| Sale | Class A Common Stock | 7,005 | $125.9825 | $883K |
| Sale | Class A Common Stock | 3,769 | $126.869 | $478K |
| Sale | Class A Common Stock | 585 | $127.5285 | $75K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 249,743 shares (Direct);
Class A Common Stock — 8 shares (Indirect, By Son)
Footnotes (1)
- Shares sold pursuant to a 10b5-1 plan dated December 10, 2024. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $124.35 to $125.28. 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 $125.49 to $126.48. 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 $126.49 to $127.42. 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 $127.49 to $127.58. 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.
FAQ
What insider transaction did Datadog (DDOG) report for Sean Michael Walters?
Datadog reported that Chief Revenue Officer Sean Michael Walters sold 22,330 shares of Class A common stock. The trades occurred on March 11, 2026, as multiple open-market sales disclosed in a Form 4 insider filing with the SEC.
Was the Datadog (DDOG) insider sale by Sean Walters under a 10b5-1 plan?
Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan dated December 10, 2024. Such plans are pre-arranged trading programs designed to allow insiders to sell shares on a scheduled basis.
What role does Sean Michael Walters hold at Datadog (DDOG) in this Form 4?
In the Form 4, Sean Michael Walters is identified as Datadog’s Chief Revenue Officer. As an executive officer, his open-market stock transactions must be reported to the SEC to provide transparency into insider trading activity.