Datadog (DDOG) CFO sells shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. Chief Financial Officer David M. Obstler reported an open-market sale of Class A common stock. He sold 40,057 shares on March 2, 2026 at a weighted-average price of $110.5359 per share, with trade prices ranging from $110.53 to $111.78. According to the disclosure, the issuer required this sale solely to cover tax withholding obligations and related brokerage commissions arising from the vesting of restricted stock units and performance-based restricted stock units. After this transaction, Obstler continued to hold 466,619 shares of Datadog common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,057 shares ($4,427,737)
Net Sell
1 txn
Insider
OBSTLER DAVID M
Role
Chief Financial Officer
Sold
40,057 shs ($4.43M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 40,057 | $110.5359 | $4.43M |
Holdings After Transaction:
Class A Common Stock — 466,619 shares (Direct)
Footnotes (1)
- The Reporting Person was required by the Issuer to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units, as well as any related brokerage commission fees. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $110.53 to $111.78. 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 for its CFO?
Datadog reported that CFO David M. Obstler sold 40,057 Class A common shares on March 2, 2026. The sale was an open-market transaction required to cover tax withholding and related commissions from vested restricted and performance-based stock units.