Datadog insider converts Class B to Class A and sells shares
Rhea-AI Filing Summary
Datadog, Inc. (DDOG) reported insider equity transactions by its Chief Executive Officer and director. On 11/17/2025, the reporting person converted 100,754 shares of Class B Common Stock into an equal number of Class A Common Stock at an exercise price of $0. That same day, they sold multiple blocks of Class A shares, including 19,126 shares at a weighted-average price of $179.5724 and 33,749 shares at $180.3307, under a Rule 10b5-1 trading plan dated September 13, 2024. Following these transactions, the reporting person directly owned 533,358 shares of Class A Common Stock and 8,317,225 derivative securities linked to Class B Common Stock, which is convertible into Class A on a one-for-one basis.
Positive
- None.
Negative
- None.
Insights
CEO executed planned 10b5-1 stock sale, modestly trimming Class A holdings while retaining a very large Class B position.
The filing shows the **CEO/Director of Datadog, Inc.** converting **100,754** shares of **Class B** into **Class A Common Stock** at an effective price of
Despite the sale, the reporting person continues to hold a very large **Class B** position, with **8,317,225** Class B shares reported as beneficially owned after the transaction. Each Class B share is convertible 1-for-1 into Class A and carries conversion features tied to transfer, death, or the tenth anniversary of the company’s initial public offering, which can affect long-term voting and control structures. The sales are explicitly described as occurring under a **Rule 10b5-1 trading plan** dated
This event slightly reduces the CEO’s liquid Class A stake but leaves overall economic and voting exposure substantial due to the remaining Class B holdings. The key items to watch are any future Form 4 filings that show additional Class B-to-Class A conversions or continued 10b5-1 sales, especially as the automatic Class B conversion trigger tied to the IPO’s tenth anniversary approaches. The relevant reference dates in this filing are the trade date
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 100,754 | $0.00 | -- |
| Conversion | Class A Common Stock | 100,754 | $0.00 | -- |
| Sale | Class A Common Stock | 19,126 | $179.5724 | $3.43M |
| Sale | Class A Common Stock | 33,749 | $180.3307 | $6.09M |
| Sale | Class A Common Stock | 18,364 | $181.5459 | $3.33M |
| Sale | Class A Common Stock | 19,563 | $182.452 | $3.57M |
| Sale | Class A Common Stock | 5,600 | $183.5878 | $1.03M |
| Sale | Class A Common Stock | 4,352 | $184.3605 | $802K |
Footnotes (1)
- 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. Shares sold pursuant to a 10b5-1 plan dated September 13, 2024. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $179.01 to $180.00. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $180.01 to $181.00. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $181.01 to $182.00. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $182.01 to $183.00. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $183.04 to $184.03. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $184.05 to $184.78. 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.
FAQ
What insider transaction did Datadog (DDOG) report on this Form 4?
The filing reports that Datadog's Chief Executive Officer and director converted 100,754 shares of Class B Common Stock into Class A Common Stock on 11/17/2025, then sold portions of the resulting Class A shares in several transactions the same day.
Was the Datadog (DDOG) insider trading under a Rule 10b5-1 plan?
Yes. The filing states that the shares sold on 11/17/2025 were sold pursuant to a Rule 10b5-1 trading plan dated September 13, 2024, which pre-specified the transactions.
What is the conversion feature of Datadog (DDOG) Class B Common Stock?
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 and has no expiration date. It also converts automatically upon certain transfers, upon the reporting person's death for directly or trustee-held shares, and on the tenth anniversary of Datadog's initial public offering.
Is the reporting person a major Datadog (DDOG) insider?
Yes. The form indicates the reporting person is both a Director and an Officer, serving as Chief Executive Officer of Datadog, Inc.