Datadog COO sells 25,844 shares in tax-cover sale
Datadog, Inc. Chief Operating Officer Adam Blitzer reported open‑market sales of 25,844 shares of Class A Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Datadog, Inc. Chief Operating Officer Adam Blitzer reported open‑market sales of 25,844 shares of Class A Common Stock. The transactions occurred on June 2–3, 2026, at per‑share prices generally in the mid‑$200s, including a weighted‑average price of $267.1544 for a 13,642‑share block on June 2.
According to the footnotes, the company required Blitzer to sell only the number of shares needed to cover tax withholding obligations from vesting of restricted stock units and performance‑based restricted stock units, plus related commissions. The sales were executed under a pre‑arranged Rule 10b5‑1 trading plan dated August 22, 2025.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 562 | $246.541 | $139K |
| Sale | Class A Common Stock | 3,500 | $247.6877 | $867K |
| Sale | Class A Common Stock | 2,924 | $248.6745 | $727K |
| Sale | Class A Common Stock | 2,270 | $249.6982 | $567K |
| Sale | Class A Common Stock | 2,046 | $250.3434 | $512K |
| Sale | Class A Common Stock | 200 | $251.605 | $50K |
| Sale | Class A Common Stock | 200 | $253.25 | $51K |
| Sale | Class A Common Stock | 200 | $255.995 | $51K |
| Sale | Class A Common Stock | 200 | $259.43 | $52K |
| Sale | Class A Common Stock | 100 | $261.52 | $26K |
| Sale | Class A Common Stock | 13,642 | $267.1544 | $3.64M |
Footnotes (10)
- 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 $267.15 to $268.44. 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.
- F3. Shares sold pursuant to a 10b5-1 plan dated August 22, 2025.
- F4. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $246.04 to $246.69. 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.
- F5. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $247.19 to $248.14. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $248.20 to $249.15. 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.
- F7. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $249.29 to $250.28. 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.
- F8. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $250.29 to $250.62. 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.
- F9. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $251.36 to $251.85. 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.
- F10. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $255.95 to $256.04. 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
restricted stock units financial
performance-based restricted stock units financial
weighted-average sales price financial
Rule 10b5-1 plan financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Datadog (DDOG) COO Adam Blitzer report in this Form 4?
Do the Datadog Form 4 sales reflect tax withholding for equity awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.