Datadog (NASDAQ: DDOG) director’s trust sells 20,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Datadog, Inc. director Amit Agarwal, through the Agarwal 2018 Family Trust, converted 20,000 shares of Class B Common Stock into 20,000 Class A shares and on July 23, 2026 sold 20,000 Class A shares in multiple transactions at weighted-average prices within ranges from $241.96 to $248.47 per share under a 10b5-1 trading plan dated March 13, 2026. The report also shows continuing indirect Class B interests convertible into 593,464 and 42,976 Class A shares and direct ownership of 29,071 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
13 txns
Insider
Agarwal Amit
Role
Director
Sold
20,000 shs ($4.90M)
Approx. gross sale proceeds
$4.90M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1, F2 | 20,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1, F2 | 20,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock F3, F4, F2 | 1,000 | $242.3826 | $242K |
| Sale | Class A Common Stock F3, F5, F2 | 2,900 | $243.4183 | $706K |
| Sale | Class A Common Stock F3, F6, F2 | 9,775 | $244.4492 | $2.39M |
| Sale | Class A Common Stock F3, F7, F2 | 2,134 | $245.4596 | $524K |
| Sale | Class A Common Stock F3, F8, F2 | 2,281 | $246.5361 | $562K |
| Sale | Class A Common Stock F3, F9, F2 | 1,410 | $247.6603 | $349K |
| Sale | Class A Common Stock F3, F10, F2 | 500 | $248.372 | $124K |
| holding | Class B Common Stock F1, F11 | -- | -- | -- |
| holding | Class B Common Stock F1, F12 | -- | -- | -- |
| holding | Class A Common Stock F11 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 843,523 shares (Indirect, By Trust);
Class A Common Stock — 8,181 shares (Indirect, By Trust);
Class B Common Stock — 42,976 shares (Indirect, By Spouse);
Class A Common Stock — 29,071 shares (Direct)
Footnotes (12)
- 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 are held directly by Agarwal 2018 Family Trust, of which the Reporting Person's spouse is Trustee.
- F3. Shares sold pursuant to a 10b5-1 plan dated March 13, 2026.
- F4. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $241.96 to $242.765. 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.
- F5. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $243 to $243.995. 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.
- F6. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $244.05 to $245.04. 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.
- F7. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $245.06 to $246.01. 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.
- F8. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $246.06 to $247.03. 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.
- F9. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $247.105 to $248.08. 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.
- F10. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $248.21 to $248.47. 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.
- F11. Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
- F12. Shares are held by Reporting Person's spouse.
Key Figures
Shares converted: 20,000 shares
Shares sold: 20,000 shares
Sale price range: $241.96–$248.47 per share
+3 more
6 metrics
Shares converted
20,000 shares
Class B Common Stock converted into Class A on July 23, 2026 by Agarwal 2018 Family Trust
Shares sold
20,000 shares
Class A Common Stock sold on July 23, 2026 in multiple indirect transactions
Sale price range
$241.96–$248.47 per share
Weighted-average sales prices across the disclosed trade ranges in footnotes F4–F10
Convertible Class B underlying shares (trust)
593,464 shares
Class B Common Stock indirectly held by Agarwal 2019 Family Trust, convertible into Class A
Convertible Class B underlying shares (spouse)
42,976 shares
Class B Common Stock held by the reporting person’s spouse, convertible into Class A
Direct Class A holdings
29,071 shares
Class A Common Stock held directly by Amit Agarwal after the reported transactions
Key Terms
10b5-1 plan, Class B Common Stock, weighted-average sales price, Permitted Transfers, +1 more
5 terms
10b5-1 plan financial
"Shares sold pursuant to a 10b5-1 plan dated March 13, 2026."
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
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.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold at prices..."
Permitted Transfers financial
"except for certain "Permitted Transfers" as defined in the issuer's certificate..."
initial public offering financial
"the tenth anniversary of the issuer's initial public offering of its Class A Common Stock."
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider trades did Datadog (DDOG) director Amit Agarwal report?
Amit Agarwal reported that the Agarwal 2018 Family Trust converted 20,000 Class B shares into 20,000 Class A Datadog shares, then sold 20,000 Class A shares on July 23, 2026 in multiple indirect transactions.
Were the Datadog (DDOG) insider sales made under a 10b5-1 plan?
Yes. Footnotes state the 20,000 Datadog Class A shares sold on July 23, 2026 were transacted pursuant to a 10b5-1 plan dated March 13, 2026, and the filing’s Rule 10b5-1 checkbox is marked as affirming such a plan.
What Datadog (DDOG) holdings remain after Amit Agarwal’s reported trades?
The filing shows indirect Class B interests convertible into 593,464 and 42,976 Datadog Class A shares, held through family and spousal arrangements, plus 29,071 Datadog Class A shares held directly by Amit Agarwal after the reported transactions.