Datadog (DDOG) director converts Class B and sells 20,000 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog director Amit Agarwal, through family trusts, converted 20,000 shares of Class B Common Stock into 20,000 shares of Class A Common Stock and then sold those 20,000 Class A shares in open-market transactions at weighted-average prices of $124.1606 and $125.7447 per share. The sales were made under a pre-arranged Rule 10b5-1 trading plan dated December 8, 2025. Entities associated with Agarwal continue to hold substantial Class B shares that are convertible into Class A Common Stock, along with additional Class A holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($2,496,118)
Net Sell
8 txns
Insider
Agarwal Amit
Role
Director
Sold
20,000 shs ($2.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 20,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 20,000 | $0.00 | -- |
| Sale | Class A Common Stock | 11,853 | $124.1606 | $1.47M |
| Sale | Class A Common Stock | 8,147 | $125.7447 | $1.02M |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 570,059 shares (Indirect, By Trust);
Class A Common Stock — 21,640 shares (Indirect, By Trust);
Class A Common Stock — 27,999 shares (Direct)
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 are held directly by Agarwal 2018 Family Trust, of which the Reporting Person's spouse is Trustee. Shares sold pursuant to a 10b5-1 plan dated December 8, 2025. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $124.08 to $125.06. 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 $125.10 to $126.00. 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. Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee. Shares are held by Reporting Person's spouse.
FAQ
What insider transactions did Datadog (DDOG) director Amit Agarwal report?
Amit Agarwal reported a derivative conversion and related sales. A family trust converted 20,000 Class B shares into 20,000 Class A shares, then sold all 20,000 Class A shares in open-market trades on March 9, 2026 under a Rule 10b5-1 plan.
Were the Datadog (DDOG) insider sales by Amit Agarwal pre-planned?
Yes, the reported sales were pre-planned. Footnotes state the Class A share sales were executed pursuant to a Rule 10b5-1 trading plan dated December 8, 2025, indicating the trades were scheduled in advance rather than initiated opportunistically.
Does the Datadog (DDOG) Form 4 show remaining equity exposure for Amit Agarwal?
Yes, the filing shows substantial remaining equity exposure. After the 20,000-share sale, entities associated with Agarwal still hold sizeable Class B positions convertible into Class A, alongside other indirect and direct Class A Common Stock holdings.