Datadog (NASDAQ: DDOG) CRO sells 1,914 shares at $150 via 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. Chief Revenue Officer Sean Michael Walters sold shares in the company. On May 5, 2026, he completed an open-market sale of 1,914 shares of Datadog Class A Common Stock at $150 per share, according to a Form 4 filing.
The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan dated December 12, 2025, indicating it was scheduled in advance. After this sale, Walters directly holds 291,267 shares of Datadog Class A Common Stock, and an additional 8 shares are reported as indirect ownership held by his son.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,914 shares ($287,100)
Net Sell
2 txns
Insider
Walters Sean Michael
Role
Chief Revenue Officer
Sold
1,914 shs ($287K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,914 | $150.00 | $287K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 291,267 shares (Direct, null);
Class A Common Stock — 8 shares (Indirect, By Son)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,914 shares
Sale price per share: $150.00 per share
Direct holdings after transaction: 291,267 shares
+2 more
5 metrics
Shares sold
1,914 shares
Open-market sale of Class A Common Stock on May 5, 2026
Sale price per share
$150.00 per share
Price for Datadog Class A Common Stock in the reported sale
Direct holdings after transaction
291,267 shares
Direct Datadog Class A Common Stock held by Walters after the sale
Indirect family holdings
8 shares
Indirect ownership reported as held by his son
Net shares sold
1,914 shares
Net sell direction from transaction summary
Key Terms
Rule 10b5-1, open-market sale, indirect ownership, Class A Common Stock
4 terms
Rule 10b5-1 financial
"Shares sold pursuant to a 10b5-1 plan dated December 12, 2025."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action: open-market sale of Class A Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: By Son"
Class A Common Stock financial
"security_title: Class A Common Stock for Datadog, Inc."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did Datadog (DDOG) report for Sean Michael Walters?
Datadog reported that Chief Revenue Officer Sean Michael Walters sold 1,914 shares of Class A Common Stock. The sale was executed at $150 per share, and was disclosed in a Form 4 insider trading report filed with regulators.
Was the Datadog (DDOG) insider sale by Sean Michael Walters under a 10b5-1 plan?
Yes. The filing states the shares were sold under a Rule 10b5-1 plan dated December 12, 2025. Such plans pre-schedule trades, indicating the transaction timing was arranged in advance rather than decided on the trade date.
What type of security did the Datadog (DDOG) insider sell in this Form 4?
The insider transaction involved Datadog Class A Common Stock. Sean Michael Walters sold 1,914 shares in an open-market sale at $150 per share, and the filing lists his remaining direct and small indirect holdings after the trade.