Datadog (NASDAQ: DDOG) director logs 15,000-share conversion and gift
Rhea-AI Filing Summary
Datadog director reports share conversion and charitable gift. On 12/12/2025, the reporting person’s family trust converted 15,000 shares of Class B common stock into 15,000 shares of Class A common stock at a price of $0 per share. The trust then donated 15,000 Class A shares, at $0 per share, to a donor-advised fund that will use the gifted shares for charitable purposes. After these transactions, the trust indirectly holds 12,496 Class A shares and 240,542 Class B derivative securities, and the reporting person also directly owns 19,612 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 15,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 15,000 | $0.00 | -- |
| Gift | Class A Common Stock | 15,000 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- 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. The Shares are held by The Callahan-Thernstrom Family Trust, of which Reporting Person is Trustee. Shares donated to a donor-advised fund, which will use the gifted shares for charitable purposes.
FAQ
What insider transaction did Datadog (DDOG) report in this Form 4?
A Datadog director reported that a family trust converted 15,000 shares of Class B common stock into 15,000 shares of Class A common stock and then donated those 15,000 Class A shares to a donor-advised fund on 12/12/2025.
What is the relationship of the reporting person to Datadog (DDOG)?
The reporting person is a director of Datadog, Inc., as indicated in the relationship section of the filing.