Datadog (DDOG) director sells 38,594 shares, retains 584K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. director Matthew Jacobson reported open-market sales of 38,594 shares of Class A Common Stock. The transactions occurred on May 29 and June 1, with 20,574 shares sold at a weighted average price of $243.0184 and additional blocks of 17,318 and 702 shares at weighted average prices of $277.4448 and $277.8246.
The prices reflect weighted averages across multiple trades, with May 29 sales ranging from $242.46 to $243.43 and June 1 sales ranging from $276.80 to $277.89. After these sales, trusts associated with Jacobson directly hold 584,132 shares, and he disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 38,594 shares ($9,999,682)
Net Sell
3 txns
Insider
Jacobson Matthew
Role
null
Sold
38,594 shs ($10.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 17,318 | $277.4448 | $4.80M |
| Sale | Class A Common Stock | 702 | $277.8246 | $195K |
| Sale | Class A Common Stock | 20,574 | $243.0184 | $5.00M |
Holdings After Transaction:
Class A Common Stock — 584,834 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $242.46 to $243.43. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. These shares are directly held by the Reporting Person through a trust of which he is a trustee and another estate planning trust having an independent trustee. The Reporting Person disclaims beneficial ownership of the shares held by such trusts for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $276.80 to $277.79. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $277.80 to $277.89. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
Key Figures
Shares sold May 29: 20,574 shares
Shares sold June 1 (block 1): 17,318 shares
Shares sold June 1 (block 2): 702 shares
+2 more
5 metrics
Shares sold May 29
20,574 shares
Open-market sale of Class A Common Stock at $243.0184 weighted average
Shares sold June 1 (block 1)
17,318 shares
Open-market sale at $277.4448 weighted average price
Shares sold June 1 (block 2)
702 shares
Open-market sale at $277.8246 weighted average price
Total shares sold
38,594 shares
Net shares sold across three open-market transactions
Shares held after sales
584,132 shares
Direct holdings through trusts following reported transactions
Key Terms
weighted average price, estate planning trust, Section 16 of the Exchange Act, pecuniary interest
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
estate planning trust financial
"another estate planning trust having an independent trustee."
Section 16 of the Exchange Act regulatory
"for purposes of Section 16 of the Exchange Act, except to the extent"
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any."
FAQ
What insider transactions did Datadog (DDOG) director Matthew Jacobson report?
Matthew Jacobson reported open-market sales of 38,594 Datadog Class A shares. These included 20,574 shares on May 29 and two June 1 sales of 17,318 and 702 shares, all executed at weighted average prices disclosed in the filing.
Were the Datadog (DDOG) insider sales made in the open market?
Yes. Each transaction is coded as an open-market sale of Datadog Class A Common Stock. The filing describes them as sales in open market or private transactions, with detailed weighted average prices and ranges for the executed trades.