DDOG officer Walters sold 2,924 shares under 10b5-1 plan
Rhea-AI Filing Summary
Sean Michael Walters, identified as an officer (Chief Revenue Officer), reported the sale of 2,924 shares of Class A common stock of Datadog, Inc. (DDOG) on 10/01/2025. The sale was made pursuant to a 10b5-1 plan dated December 10, 2024. The weighted-average sales price for the reported transactions was $150.0427, with individual trade prices ranging from $150.00 to $150.14. Following the reported sale, the reporting person beneficially owned 191,957 shares directly and 8 shares indirectly (held by his son). The Form 4 was signed on behalf of the reporting person by an attorney-in-fact, Kerry Acocella, on 10/03/2025.
Positive
- Sale executed under a 10b5-1 plan, indicating trades were prearranged
- Weighted-average price disclosed ($150.0427) with price range ($150.00–$150.14)
Negative
- Insider sold 2,924 shares, reducing direct holdings to 191,957
Insights
Insider executed a planned sale under an established 10b5-1 arrangement.
The filing shows a 2,924-share disposition at a weighted-average price of $150.0427, executed under a 10b5-1 plan dated December 10, 2024. A 10b5-1 plan specifies pre-arranged trades to reduce concerns about trading on material non-public information.
This transaction reduced the reporting person's direct holdings to 191,957 shares while leaving an 8-share indirect holding in a family member's name. The filing was signed by an attorney-in-fact on 10/03/2025, consistent with procedural execution of the plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,924 | $150.0427 | $439K |
| holding | Class A Common Stock | -- | -- | -- |
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 $150 to $150.14. 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.