Datadog (DDOG) director’s family trust sells 20,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Datadog, Inc. director Amit Agarwal reported an exercise-and-sell transaction through a family trust. On April 8, 2026, the Agarwal 2018 Family Trust converted 20,000 shares of Class B Common Stock into 20,000 shares of Class A Common Stock and then sold those 20,000 Class A shares at $122.28 per share in an open-market trade.
The sale was executed under a Rule 10b5-1 trading plan dated December 8, 2025, indicating it was pre‑scheduled. After these transactions, the trust retains 1,640 Class A shares and continues to hold sizable indirect positions in Class B shares that are convertible into 603,464 and 53,063 underlying Class A shares, while Agarwal also holds 27,999 Class A shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 20,000 shares ($2.45M approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
Agarwal Amit
Role
Director
Sold
20,000 shs ($2.45M)
Approx. gross sale proceeds
$2.45M
Approx. exercise cost
$0.00
Approx. pre-tax spread
$2.45M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 20,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 20,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 20,000 | $122.28 | $2.45M |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 1,093,523 shares (Indirect, By Trust);
Class A Common Stock — 8,181 shares (Indirect, By Trust);
Class B Common Stock — 53,063 shares (Indirect, By Spouse);
Class A Common Stock — 27,999 shares (Direct)
Footnotes (5)
- 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 December 8, 2025.
- F4. Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
- F5. Shares are held by Reporting Person's spouse.
Key Figures
Shares sold: 20,000 shares
Sale price: $122.28 per share
Shares converted: 20,000 shares
+4 more
7 metrics
Shares sold
20,000 shares
Class A Common Stock sold on April 8, 2026
Sale price
$122.28 per share
Open-market sale of 20,000 Class A shares
Shares converted
20,000 shares
Class B converted into Class A on April 8, 2026
Trust Class A holding
1,640 shares
Class A Common Stock held indirectly by trust after transactions
Convertible Class B (Trust)
603,464 underlying shares
Class B held indirectly, convertible into Class A
Convertible Class B (Spouse)
53,063 underlying shares
Class B held indirectly by spouse, convertible into Class A
Direct Class A holding
27,999 shares
Class A Common Stock held directly by Amit Agarwal
Key Terms
Class B Common Stock, Class A Common Stock, 10b5-1 plan, Permitted Transfers, +1 more
5 terms
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.
Class A Common Stock financial
"into one share of Class A Common Stock and has no expiration date"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
10b5-1 plan financial
"Shares sold pursuant to a 10b5-1 plan dated December 8, 2025."
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.
Permitted Transfers financial
"except for certain "Permitted Transfers" as defined in the Issuer's amended"
derivative security financial
"transaction_code_description": "Conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Datadog (DDOG) director Amit Agarwal report?
Agarwal reported a trust-related conversion and sale. The Agarwal 2018 Family Trust converted 20,000 Class B shares into 20,000 Class A shares, then sold all 20,000 Class A shares at $122.28 per share on April 8, 2026, in an open‑market transaction.
What Datadog (DDOG) holdings remain after Amit Agarwal’s reported transactions?
After the transactions, the Agarwal 2018 Family Trust holds 1,640 Class A shares, while related entities hold Class B shares convertible into 603,464 and 53,063 Class A shares. Amit Agarwal also directly holds 27,999 Class A shares, according to the reported ownership tables.