Datadog (DDOG) CEO Olivier Pomel sells 26,012 shares to cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. Chief Executive Officer Olivier Pomel reported an open-market sale of 26,012 shares of Class A common stock on June 2, 2026 at a weighted-average price of $267.1544 per share. According to the disclosure, he was required by Datadog to sell only the number of shares needed to cover tax withholding obligations arising from the vesting of restricted stock units and performance-based restricted stock units, plus related brokerage fees. Following this transaction, Pomel directly holds 724,969 shares of Datadog Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 26,012 shares ($6,949,220)
Net Sell
1 txn
Insider
Pomel Olivier
Role
Chief Executive Officer
Sold
26,012 shs ($6.95M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 26,012 | $267.1544 | $6.95M |
Holdings After Transaction:
Class A Common Stock — 724,969 shares (Direct, null)
Footnotes (1)
- The Reporting Person was required by the Issuer to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units, as well as any related brokerage commission fees. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $267.15 to $268.44. 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: 26,012 shares
Weighted-average sale price: $267.1544 per share
Price range: $267.15 to $268.44
+2 more
5 metrics
Shares sold
26,012 shares
Open-market sale on June 2, 2026
Weighted-average sale price
$267.1544 per share
Class A common stock sale
Price range
$267.15 to $268.44
Range of sale prices across executed trades
Shares owned after transaction
724,969 shares
Direct Class A common stock holdings post-sale
Transaction purpose
Cover tax withholding
Required sale tied to RSU and performance-based RSU vesting
Key Terms
restricted stock units, performance-based restricted stock units, weighted-average sales price, open-market sale
4 terms
restricted stock units financial
"tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based restricted stock units financial
"upon the vesting of restricted stock units and performance-based restricted stock units, as well as any related brokerage commission fees"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold at prices ranging"
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.
FAQ
What did Datadog (DDOG) CEO Olivier Pomel report in this Form 4?
Olivier Pomel reported selling 26,012 shares of Datadog Class A common stock. The weighted-average sale price was $267.1544 per share, and the transaction occurred on June 2, 2026 as an open-market sale disclosed to the SEC.