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 (2)
- F1. Shares sold pursuant to a 10b5-1 plan dated December 10, 2024.
- F2. 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.
FAQ
What did Datadog (DDOG) insider Sean Walters sell on 10/01/2025?
Was the sale by the Datadog executive part of a trading plan?
Who signed the Form 4 for the Datadog insider filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.