Datadog CFO sells 16,524 shares for tax bill
Datadog’s CFO sold shares solely to cover tax withholding from vesting equity awards and continues to hold a substantial direct position.
Rhea-AI Filing Summary
Datadog, Inc. (DDOG) reported that Chief Financial Officer David M. Obstler sold 16,524 shares of Class A Common Stock on September 2, 2026, in an open-market transaction at a weighted-average price of $212.9041 per share. According to the company, he was required to sell only the number of shares needed to cover tax withholding obligations and related brokerage commissions arising from the vesting of restricted stock units and performance-based restricted stock units. Following this sale, he directly holds 418,067 shares of Class A Common Stock, and no Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 16,524 | $212.9041 | $3.52M |
Footnotes (2)
- F1. 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.
- F2. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $210.12 to $213.01. 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.
Key Figures
Key Terms
weighted-average sales price financial
restricted stock units financial
performance-based restricted stock units financial
FAQ
What did Datadog (DDOG) disclose about the CFO’s recent stock sale?
Was Datadog’s CFO stock sale under a Rule 10b5-1 trading plan?
What type of equity awards caused the Datadog (DDOG) tax-withholding sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.