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.
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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.
How many Datadog shares were donated for charitable purposes?
The reporting person’s trust donated 15,000 shares of Class A common stock to a donor-advised fund, which will use the gifted shares for charitable purposes.
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.
How many Datadog Class A shares does the reporting person own after the transactions?
After the reported transactions, the filing shows the reporting person indirectly12,496 Class A shares through a trust and also directly owns 19,612 Class A shares.
What derivative securities related to Datadog does the reporting person hold after the transactions?
Following the conversion, the filing reports that the trust indirectly holds 240,542 derivative securities of Class B common stock, each convertible into one share of Class A common stock.
How are the Datadog shares held by the reporting person structured?
Some shares are held through The Callahan-Thernstrom Family Trust, where the reporting person is trustee, and additional Class A shares are held directly by the reporting person.
What are the key terms of Datadog’s Class B to Class A share conversion?
Each share of Class B common stock is convertible at any time at the holder’s option into one share of Class A common stock with no expiration date, and it will also convert automatically upon certain events described in the filing.