Datadog director sells 5,625 shares at $220
Datadog director Julie Richardson exercised options, converted Class B into Class A shares, and sold 5,625 Class A shares under a pre-arranged Rule 10b5-1 plan.
Rhea-AI Filing Summary
Datadog, Inc. (DDOG) director Julie Richardson reported an option exercise, share conversion, and sale on September 3, 2026. She exercised 5,625 stock options for Class B Common Stock at an exercise price of $7.9567 per share, from a fully vested option, leaving 22,503 options outstanding from that grant.
The 5,625 Class B shares were then converted into 5,625 Class A Common Stock on a one-for-one basis, consistent with Datadog’s dual-class structure. Those 5,625 Class A shares were subsequently sold at $220.00 per share pursuant to a Rule 10b5-1 trading plan dated June 4, 2026, indicating the sale followed a pre-arranged plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Richardson Julie
Role
Director
Sold
5,625 shs ($1.24M)
Approx. gross sale proceeds
$1.24M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F3 | 5,625 | $0.00 | $0.00 |
| Exercise | Class B Common Stock F1 | 5,625 | $7.9567 | $45K |
| Conversion | Class B Common Stock F1 | 5,625 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 5,625 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2 | 5,625 | $220.00 | $1.24M |
Holdings After Transaction:
Stock Option (Right to Buy) — 22,503 contracts (Direct);
Class B Common Stock — 0 contracts (Direct);
Class A Common Stock — 3,178 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. Shares sold pursuant to a 10b5-1 plan dated June 4, 2026.
- F3. The option is fully vested and exercisable.
Key Figures
Shares sold: 5,625 shares of Class A Common Stock
Sale price: $220.00 per share
Options exercised: 5,625 options
+3 more
6 metrics
Shares sold
5,625 shares of Class A Common Stock
Sold by director Julie Richardson on September 3, 2026
Sale price
$220.00 per share
Price for 5,625 Class A shares sold on September 3, 2026
Options exercised
5,625 options
Stock Option (Right to Buy) exercised into Class B Common Stock
Option exercise price
$7.9567 per share
Exercise price for 5,625 options into Class B Common Stock
Options remaining from grant
22,503 options
Stock Option (Right to Buy) held after the reported exercise
Shares converted
5,625 shares
Class B Common Stock converted into Class A Common Stock
Key Terms
Rule 10b5-1 plan, Class B Common Stock, Class A Common Stock, derivative security, +1 more
5 terms
Rule 10b5-1 plan regulatory
"Shares sold pursuant to a 10b5-1 plan dated June 4, 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.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at any time"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Class A Common Stock financial
"Each share of Class B Common Stock will convert automatically into one share of 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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise price financial
"The option is fully vested and exercisable"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What insider transaction did Datadog (DDOG) director Julie Richardson report on this Form 4?
She reported an exercise of 5,625 stock options, conversion of those 5,625 Class B shares into 5,625 Class A shares, and a sale of 5,625 Class A Common Stock at $220.00 per share on September 3, 2026.
How many Datadog (DDOG) options does Julie Richardson hold after this Form 4 transaction?
After exercising 5,625 options, Julie Richardson holds 22,503 stock options from the reported option grant, as indicated by the total shares following the option transaction.
What sale did Julie Richardson make in Datadog (DDOG) stock and at what price?
She sold 5,625 shares of Class A Common Stock of Datadog at a price of $220.00 per share on September 3, 2026, following the option exercise and share conversion sequence.
Was Julie Richardson’s Datadog (DDOG) stock sale made under a Rule 10b5-1 plan?
Yes. The sale of 5,625 Class A shares at $220.00 per share was made pursuant to a Rule 10b5-1 trading plan dated June 4, 2026, and the Form 4 affirms transactions under such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
