Trusts tied to Datadog (NASDAQ: DDOG) director sell 52,832 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. director Matthew Jacobson, through estate-planning trusts, reported open-market sales of 52,832 shares of Class A common stock on May 8, 2026. The shares were sold in multiple tranches at weighted average prices of about $187–$190 per share.
The filing notes that the prices reflect weighted averages over numerous individual trades within specified ranges, and that full trade-by-trade details are available to regulators on request. The footnotes state these shares are held through trusts and that Jacobson disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 52,832 shares ($9,999,891)
Net Sell
4 txns
Insider
Jacobson Matthew
Role
null
Sold
52,832 shs ($10.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,553 | $187.4405 | $1.79M |
| Sale | Class A Common Stock | 11,050 | $188.6408 | $2.08M |
| Sale | Class A Common Stock | 14,072 | $189.722 | $2.67M |
| Sale | Class A Common Stock | 18,157 | $190.286 | $3.46M |
Holdings After Transaction:
Class A Common Stock — 666,005 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $187.06 to $188.01. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. These shares are directly held by the Reporting Person through a trust of which he is a trustee and another estate planning trust having an independent trustee. The Reporting Person disclaims beneficial ownership of the shares held by such trusts for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $188.06 to $189.05. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $189.06 to $190.05. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $190.07 to $190.57. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
Key Figures
Total shares sold: 52,832 shares
Tranche sale price: $190.2860 per share
Tranche sale price: $189.7220 per share
+4 more
7 metrics
Total shares sold
52,832 shares
Open-market sales of Class A common stock on May 8, 2026
Tranche sale price
$190.2860 per share
One reported weighted average sale price for a tranche of shares
Tranche sale price
$189.7220 per share
One reported weighted average sale price for a tranche of shares
Tranche sale price
$188.6408 per share
One reported weighted average sale price for a tranche of shares
Tranche sale price
$187.4405 per share
One reported weighted average sale price for a tranche of shares
Low trade price range
$187.06 per share
Lowest price in one footnoted sale range
High trade price range
$190.57 per share
Highest price in one footnoted sale range
Key Terms
weighted average price, estate planning trust, beneficial ownership, pecuniary interest, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
estate planning trust financial
"through a trust of which he is a trustee and another estate planning trust having an independent trustee."
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares held by such trusts"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any."
Section 16 of the Exchange Act regulatory
"for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest"
FAQ
What insider transaction did Datadog (DDOG) disclose for Matthew Jacobson?
Datadog reported that trusts associated with director Matthew Jacobson sold 52,832 shares of Class A common stock in open-market transactions on May 8, 2026. The trades were reported on a Form 4 insider filing with detailed price ranges for each group of sales.
Were there any Datadog (DDOG) option exercises or derivative trades in this Form 4?
No. The transactions reported are all sales of Datadog Class A common stock, categorized as non-derivative securities. The derivative section of the filing is empty, indicating no reported option exercises, warrant conversions, or other derivative-related transactions in this Form 4.
How is the sale price information presented in the Datadog (DDOG) Form 4?
For each tranche, the Form 4 provides a single weighted average sale price. Footnotes explain that the shares were sold in multiple trades within specific price ranges, and that detailed information on the number of shares at each exact price is available to SEC staff upon request.