Datadog director's family trust sells 20,000 shares
Datadog, Inc. director Amit Agarwal reported trust-related equity trades on July 16, 2026.
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
Rhea-AI Filing Summary
Datadog, Inc. director Amit Agarwal reported trust-related equity trades on July 16, 2026. An Agarwal 2018 Family Trust, for which his spouse is trustee, converted 20,000 Class B shares into Class A and sold 20,000 Class A shares pursuant to a 10b5-1 plan dated March 13, 2026. After these transactions, Agarwal and related entities hold 29,071 Class A shares directly, additional Class A shares through a 2019 family trust, and Class B holdings via his spouse and trusts, with each Class B share convertible one-for-one into Class A.
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 ($5.23M)
Approx. gross sale proceeds
$5.23M
| 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, F2 | 100 | $254.79 | $25K |
| Sale | Class A Common Stock F3, F4, F2 | 300 | $256.19 | $77K |
| Sale | Class A Common Stock F3, F5, F2 | 460 | $257.9405 | $119K |
| Sale | Class A Common Stock F3, F6, F2 | 1,040 | $258.8897 | $269K |
| Sale | Class A Common Stock F3, F7, F2 | 1,200 | $259.7863 | $312K |
| Sale | Class A Common Stock F3, F8, F2 | 5,312 | $261.122 | $1.39M |
| Sale | Class A Common Stock F3, F9, F2 | 6,869 | $262.0882 | $1.80M |
| Sale | Class A Common Stock F3, F10, F2 | 4,419 | $262.9527 | $1.16M |
| Sale | Class A Common Stock F3, F11, F2 | 200 | $263.97 | $53K |
| Sale | Class A Common Stock F3, F2 | 100 | $265.53 | $27K |
| holding | Class B Common Stock F1, F12 | -- | -- | -- |
| holding | Class B Common Stock F1, F13 | -- | -- | -- |
| holding | Class A Common Stock F12 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 863,523 contracts for 593,464 underlying shares (Indirect, By Trust);
Class A Common Stock — 8,181 shares (Indirect, By Trust);
Class B Common Stock — 42,976 contracts (Indirect, By Spouse);
Class A Common Stock — 29,071 shares (Direct)
Footnotes (13)
- 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 $255.86 to $256.85. 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 $257.46 to $258.44. 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.
- F6. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $258.48 to $259.45. 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 $259.49 to $260.21. 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 $260.58 to $261.57. 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 $261.59 to $262.57. 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 $262.59 to $263.56. 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 $263.9 to $264.04. 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. Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
- F13. Shares are held by Reporting Person's spouse.
Key Figures
Class A shares sold: 20000.0000 shares
Representative sale price: $262.9527 per share
Class B shares converted: 20000.0000 shares
+4 more
7 metrics
Class A shares sold
20000.0000 shares
Aggregate non-derivative Class A sales via Agarwal 2018 Family Trust on July 16, 2026
Representative sale price
$262.9527 per share
Weighted-average price for sale of 4,419 Class A shares by trust
Class B shares converted
20000.0000 shares
Class B Common Stock converted into Class A by trust on July 16, 2026
Direct Class A holdings
29071.0000 shares
Class A Common Stock held directly by Amit Agarwal after reported transactions
Trust Class A holdings
6541.0000 shares
Class A shares held by Agarwal 2019 Family Trust, with spouse as trustee
Spouse Class B holdings
42976.0000 shares
Class B shares held by Agarwal’s spouse, each convertible into one Class A share
Trust Class B holdings
593464.0000 shares
Class B shares held by Agarwal 2019 Family Trust, convertible one-for-one into Class A
Key Terms
Class B Common Stock, 10b5-1 plan, weighted-average sales price, Permitted Transfers
4 terms
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person"
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.
10b5-1 plan regulatory
"Shares sold pursuant to a 10b5-1 plan dated March 13, 2026."
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.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold at prices ranging"
Permitted Transfers regulatory
"except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Datadog (DDOG) director Amit Agarwal report?
Amit Agarwal reported that an Agarwal 2018 Family Trust converted 20,000 Datadog Class B shares into Class A and sold 20,000 Class A shares on July 16, 2026 under a 10b5-1 plan, while retaining direct and indirect holdings through family trusts and his spouse.
Were Amit Agarwal's Datadog (DDOG) stock sales under a 10b5-1 plan?
Yes. Footnote F3 states the shares were sold pursuant to a 10b5-1 plan dated March 13, 2026, and the Form 4 includes the Rule 10b5-1 checkbox, indicating these transactions were executed under a pre-arranged trading plan.
What Datadog (DDOG) holdings does Amit Agarwal retain after these trades?
After the July 16, 2026 transactions, Agarwal holds 29,071 Datadog Class A shares directly, 6,541 Class A shares via the Agarwal 2019 Family Trust, and indirect Class B positions of 42,976 and 593,464 shares through his spouse and a family trust, each Class B share convertible into one Class A share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates