Datadog (DDOG) CFO sells 75,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. Chief Financial Officer David M. Obstler sold 75,000 shares of Class A Common Stock in open-market transactions. The trades occurred on June 8, 2026 across nine separate sales, with reported per-share prices generally in the low-to-mid $230s.
The transactions were executed pursuant to a Rule 10b5-1 trading plan dated March 9, 2026, indicating they were pre-scheduled. Footnotes state that prices are reported on a weighted-average basis, with actual sale prices ranging from $228.75 to $239.55 per share, and detailed breakdowns available on request.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 75,000 shares ($17,376,592)
Net Sell
9 txns
Insider
OBSTLER DAVID M
Role
Chief Financial Officer
Sold
75,000 shs ($17.38M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,500 | $229.2883 | $1.72M |
| Sale | Class A Common Stock | 17,966 | $230.5904 | $4.14M |
| Sale | Class A Common Stock | 21,382 | $231.314 | $4.95M |
| Sale | Class A Common Stock | 12,398 | $232.4147 | $2.88M |
| Sale | Class A Common Stock | 10,054 | $233.3147 | $2.35M |
| Sale | Class A Common Stock | 2,783 | $234.3125 | $652K |
| Sale | Class A Common Stock | 2,217 | $235.3507 | $522K |
| Sale | Class A Common Stock | 100 | $236.20 | $24K |
| Sale | Class A Common Stock | 600 | $239.1317 | $143K |
Holdings After Transaction:
Class A Common Stock — 502,091 shares (Direct, null)
Footnotes (1)
- Shares sold pursuant to a 10b5-1 plan dated March 9, 2026. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $228.75 to $229.73. 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 $229.92 to $230.90. 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 $230.92 to $231.91. 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 $231.92 to $232.91. 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 $232.92 to $233.85. 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 $233.99 to $234.90. 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 $234.99 to $235.84. 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 $239.04 to $239.55. 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.
Key Figures
Shares sold: 75,000 shares
Largest single block: 21,382 shares
Example sale price: $239.1317 per share
+3 more
6 metrics
Shares sold
75,000 shares
Total Class A Common Stock sold on June 8, 2026
Largest single block
21,382 shares
Single largest reported sale tranche on June 8, 2026
Example sale price
$239.1317 per share
Weighted-average price for a 600-share sale tranche
Lowest price range
$228.75–$229.73 per share
Footnoted range for one weighted-average sale
Highest price range
$239.04–$239.55 per share
Footnoted range for one weighted-average sale
Trade date
June 8, 2026
Date of all reported open-market sales
Key Terms
Rule 10b5-1 plan, weighted-average sales price, open-market sale, Class A Common Stock
4 terms
Rule 10b5-1 plan regulatory
"Shares sold pursuant to a 10b5-1 plan dated March 9, 2026."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted-average sales price financial
"Price reported is a weighted-average sales price."
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did Datadog (DDOG) CFO David Obstler report in this Form 4?
Datadog CFO David M. Obstler reported selling 75,000 shares of Class A Common Stock. The sales occurred in multiple open-market transactions on June 8, 2026, and were executed under a pre-arranged Rule 10b5-1 trading plan.
What type of transactions did the Datadog (DDOG) Form 4 disclose?
The Form 4 discloses nine open-market sales of Datadog Class A Common Stock. Each transaction is coded “S” for sale, reflecting non-derivative dispositions of shares rather than option exercises, gifts, or tax-withholding related transfers.
Did the Datadog (DDOG) Form 4 mention weighted-average sale prices?
Yes. Footnotes state the reported prices are weighted-average sales prices. Individual trades were executed within narrow price ranges, and the reporting person will provide full breakdowns of shares sold at each separate price upon request.