Datadog director sells 20,000 shares after conversion
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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.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 20,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 20,000 | $0.00 | $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 | -- | -- | -- |
Footnotes (7)
- 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 December 8, 2025.
- F4. 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.
- F5. 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.
- F6. Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
- F7. Shares are held by Reporting Person's spouse.
FAQ
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What insider transactions did Datadog (DDOG) director Amit Agarwal report?
Were the Datadog (DDOG) insider sales by Amit Agarwal pre-planned?
Does the Datadog (DDOG) Form 4 show remaining equity exposure for Amit Agarwal?
AI-generated analysis. How Rhea-AI works. Not financial advice.