Datadog (NASDAQ: DDOG) director sells 20,000 shares in preset plan
Rhea-AI Filing Summary
Datadog (DDOG) director Amit Agarwal reported transactions primarily involving family trusts and related holdings. On August 13, 2026, the Agarwal 2018 Family Trust converted 20,000 shares of Class B Common Stock into 20,000 shares of Class A Common Stock, then sold those 20,000 Class A shares in multiple open-market trades at weighted-average prices within disclosed ranges, pursuant to a Rule 10b5-1 plan dated March 13, 2026. Agarwal and related parties continue to hold Class B shares indirectly convertible into 593,464 and 42,976 Class A shares, as well as 29,071 Class A shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
16 txns
Insider
Agarwal Amit
Role
Director
Sold
20,000 shs ($4.99M)
Approx. gross sale proceeds
$4.99M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1, F2 | 20,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1, F2 | 20,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock F3, F4, F2 | 200 | $241.29 | $48K |
| Sale | Class A Common Stock F3, F5, F2 | 200 | $243.645 | $49K |
| Sale | Class A Common Stock F3, F6, F2 | 300 | $246.0408 | $74K |
| Sale | Class A Common Stock F3, F7, F2 | 3,200 | $247.0696 | $791K |
| Sale | Class A Common Stock F3, F8, F2 | 4,511 | $248.1199 | $1.12M |
| Sale | Class A Common Stock F3, F9, F2 | 3,694 | $248.9092 | $919K |
| Sale | Class A Common Stock F3, F10, F2 | 2,195 | $250.0211 | $549K |
| Sale | Class A Common Stock F3, F11, F2 | 1,200 | $251.4506 | $302K |
| Sale | Class A Common Stock F3, F12, F2 | 4,100 | $252.2872 | $1.03M |
| Sale | Class A Common Stock F3, F13, F2 | 400 | $253.1615 | $101K |
| holding | Class B Common Stock F1, F14 | -- | -- | -- |
| holding | Class B Common Stock F1, F15 | -- | -- | -- |
| holding | Class A Common Stock F14 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 783,523 shares (Indirect, By Trust);
Class A Common Stock — 8,181 shares (Indirect, By Trust);
Class B Common Stock — 42,976 shares (Indirect, By Spouse);
Class A Common Stock — 29,071 shares (Direct)
Footnotes (15)
- 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 March 13, 2026.
- F4. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $241.14 to $241.44. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F5. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $243.43 to $243.86. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F6. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $245.49 to $246.44. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F7. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $246.53 to $247.48. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F8. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $247.53 to $248.51. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F9. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $248.53 to $249.49. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F10. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $249.62 to $250.55. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F11. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $250.82 to $251.8. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F12. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $251.83 to $252.78. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F13. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $252.92 to $253.34. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F14. Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
- F15. Shares are held by Reporting Person's spouse.
Key Figures
Class B shares converted: 20,000 shares
Class A shares sold: 20,000 shares
Sale price ranges: $241.14–$253.34 per share
+5 more
8 metrics
Class B shares converted
20,000 shares
Class B Common Stock converted into Class A on August 13, 2026 by Agarwal 2018 Family Trust
Class A shares sold
20,000 shares
Total Class A shares sold in multiple open-market transactions on August 13, 2026
Sale price ranges
$241.14–$253.34 per share
Weighted-average sale prices across tranches, with detailed ranges disclosed in footnotes F4–F13
Convertible Class B holdings (trust)
593,464 shares
Class B shares indirectly held, convertible into 593,464 Class A shares
Convertible Class B holdings (spouse)
42,976 shares
Class B shares indirectly held by spouse, convertible into 42,976 Class A shares
Direct Class A holdings
29,071 shares
Class A Common Stock held directly following the reported transactions
Net shares sold
20,000 shares
Net buy/sell direction for this filing is net-sell according to transaction summary
Rule 10b5-1 plan date
March 13, 2026
Adoption date of the Rule 10b5-1 plan under which the reported sales occurred
Key Terms
Rule 10b5-1 plan, Class B Common Stock, weighted-average sales price, Permitted Transfers, +1 more
5 terms
Rule 10b5-1 plan regulatory
"Shares sold pursuant to a 10b5-1 plan dated March 13, 2026."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at any time at the option"
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.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold at prices"
Permitted Transfers regulatory
"except for certain "Permitted Transfers" as defined in the Issuer's amended"
initial public offering financial
"the tenth anniversary of the Issuer's initial public offering of its Class A"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
FAQ
Was the Datadog (DDOG) insider trading under a Rule 10b5-1 plan?
Yes. The sales were made pursuant to a Rule 10b5-1 plan dated March 13, 2026, and the filing affirms Rule 10b5-1 status. Such plans pre-schedule trades, which can reduce the informational significance of the trade timing for outside investors.
What is the significance of Datadog (DDOG) Class B Common Stock in this filing?
Each Class B share is convertible into one Class A share at any time and has no expiration. It also automatically converts upon certain events, including most transfers, the reporting person’s death for certain holdings, or the tenth anniversary of Datadog’s initial public offering.
AI-generated analysis. How Rhea-AI works. Not financial advice.