Datadog (NASDAQ: DDOG) director reports share sales, conversions and RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. director Amit Agarwal reported several equity moves involving Class A and Class B shares. Trusts associated with him converted a total of 30,000 shares of Class B Common Stock into Class A Common Stock and then sold 20,000 Class A shares in multiple open-market transactions at prices around $230–$236 per share under a Rule 10b5-1 trading plan.
The trusts also made a bona fide gift of 10,000 Class A shares to a donor-advised fund for charitable purposes. Separately, Agarwal received a grant of 1,072 Restricted Stock Units under Datadog’s non‑employee director compensation policy, bringing his direct Class A holdings to 29,071 shares. After these transactions, family trusts hold 6,541 Class A shares and 593,464 Class B shares, and his spouse holds 42,976 Class B shares, each Class B share being convertible into one Class A share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($4,631,193)
Net Sell
16 txns
Insider
Agarwal Amit
Role
null
Sold
20,000 shs ($4.63M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,072 | $0.00 | -- |
| Conversion | Class B Common Stock | 10,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 20,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 10,000 | $0.00 | -- |
| Gift | Class A Common Stock | 10,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 20,000 | $0.00 | -- |
| Sale | Class A Common Stock | 1,506 | $228.2252 | $344K |
| Sale | Class A Common Stock | 1,470 | $229.1893 | $337K |
| Sale | Class A Common Stock | 3,998 | $230.0566 | $920K |
| Sale | Class A Common Stock | 3,150 | $231.1413 | $728K |
| Sale | Class A Common Stock | 4,600 | $232.2192 | $1.07M |
| Sale | Class A Common Stock | 2,710 | $233.1996 | $632K |
| Sale | Class A Common Stock | 1,341 | $234.0773 | $314K |
| Sale | Class A Common Stock | 625 | $235.1907 | $147K |
| Sale | Class A Common Stock | 600 | $236.075 | $142K |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 29,071 shares (Direct, null);
Class B Common Stock — 593,464 shares (Indirect, By Trust);
Class A Common Stock — 16,541 shares (Indirect, By Trust)
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 2019 Family Trust, of which the Reporting Person's spouse is Trustee. Shares donated to a donor-advised fund, which will use the gifted shares for charitable purposes. 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 March 13, 2026. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $227.63 to $228.58. 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 $228.67 to $229.66. 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 $229.67 to $230.66. 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 $230.70 to $231.64. 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 $231.70 to $232.69. 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 $232.72 to $233.68. 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 $233.72 to $234.71. 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 $234.72 to $235.65. 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 $235.82 to $236.37. 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. Represents the number of shares underlying Restricted Stock Units ("RSUs") granted pursuant to the Issuer's non-employee director compensation policy. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock. The RSUs vest on the earlier of (A) the Company's next annual meeting of stockholders and (B) June 15, 2027, in each case, subject to the Reporting Person's continuous service to the Issuer through the vesting date. Shares are held by Reporting Person's spouse.
Key Figures
Class A shares sold: 20,000 shares
RSU grant: 1,072 RSUs
Class A direct holdings: 29,071 shares
+5 more
8 metrics
Class A shares sold
20,000 shares
Open-market sales by family trust around $230–$236 per share
RSU grant
1,072 RSUs
Non-employee director compensation; each RSU equals one Class A share
Class A direct holdings
29,071 shares
Class A Common Stock held directly after RSU grant
Class A held by trusts
6,541 shares
Class A Common Stock held indirectly via family trusts after transactions
Class B held by trusts
593,464 shares
Class B Common Stock held indirectly via family trusts after conversions
Class B held by spouse
42,976 shares
Class B Common Stock held by spouse, convertible 1:1 into Class A
Shares gifted
10,000 shares
Class A Common Stock gifted to donor-advised fund for charitable purposes
Class B converted
30,000 shares
Class B Common Stock converted into Class A Common Stock by trusts
Key Terms
Restricted Stock Units ("RSUs"), Rule 10b5-1 plan, donor-advised fund, Class B Common Stock, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Represents the number of shares underlying Restricted Stock Units ("RSUs") granted pursuant to the Issuer's non-employee director compensation policy."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Rule 10b5-1 plan regulatory
"Shares sold pursuant to a 10b5-1 plan dated March 13, 2026."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
donor-advised fund financial
"Shares donated to a donor-advised fund, which will use the gifted shares for charitable purposes."
A donor-advised fund is a charitable giving account that lets an individual or family deposit cash, stock, or other assets now, get an immediate tax benefit, and then recommend grants to charities over time. Think of it like a private charitable bucket you control without running a charity yourself; investors care because it’s a tax-efficient way to give appreciated securities, can change when and how donated shares enter the market, and affects personal and corporate tax planning.
Class B Common Stock financial
"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."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold at prices ranging from $227.63 to $228.58."
FAQ
What insider transactions did Datadog (DDOG) director Amit Agarwal report?
Amit Agarwal reported converting 30,000 Class B shares into Class A, selling 20,000 Class A shares in open-market trades, gifting 10,000 Class A shares to a donor-advised fund, and receiving 1,072 Restricted Stock Units under Datadog’s non‑employee director compensation policy.
What new equity award did Datadog (DDOG) grant to director Amit Agarwal?
Amit Agarwal received 1,072 Restricted Stock Units under Datadog’s non‑employee director compensation policy. Each RSU represents one Class A share and vests on the earlier of the next annual stockholder meeting or June 15, 2027, assuming his continuous service.
What are Amit Agarwal’s Datadog (DDOG) holdings after these transactions?
After the reported transactions, Amit Agarwal holds 29,071 Class A shares directly. Family trusts hold 6,541 Class A shares and 593,464 Class B shares, while his spouse holds 42,976 Class B shares, each Class B share being convertible into one Class A share with no expiration.