Datadog, Inc. Insider Trading Activity
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
OBSTLER DAVID M
Role
Chief Financial Officer
Sold
15,000 shs ($2.21M)
Approx. gross sale proceeds
$2.21M
Approx. exercise cost
$23K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 15,000 | $0.00 | $0.00 |
| Exercise | Class B Common Stock | 15,000 | $0.00 | $0.00 |
| Conversion | Class B Common Stock | 15,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 15,000 | $1.55 | $23K |
| Sale | Class A Common Stock | 15,000 | $147.43 | $2.21M |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Class B Common Stock — 15,603 contracts (Direct);
Class A Common Stock — 399,270 shares (Direct);
Class B Common Stock — 92,397 contracts (Indirect, By Trust)
Footnotes (4)
- 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 sold pursuant to a 10b5-1 plan dated June 12, 2024.
- F3. Option is fully vested and exercisable.
- F4. Shares are held directly by the Obstler Children 2019 Trust, of which the Reporting Person's spouse is Trustee.
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