Datadog (NASDAQ: DDOG) COO pre-planned sale of 25,844 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 25,844 shares ($6,686,333)
Net Sell
11 txns
Insider
Blitzer Adam
Role
Chief Operating Officer
Sold
25,844 shs ($6.69M)
| 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 |
Holdings After Transaction:
Class A Common Stock — 275,411 shares (Direct, null)
Footnotes (1)
- 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. 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. Shares sold pursuant to a 10b5-1 plan dated August 22, 2025. 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. 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. 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. 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. 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. 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. 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
Total shares sold: 25,844 shares
June 2 block sale price: $267.1544/share
Example June 3 sale price: $261.5200/share
+2 more
5 metrics
Total shares sold
25,844 shares
Net open-market sales reported for June 2–3, 2026
June 2 block sale price
$267.1544/share
Weighted-average price for 13,642-share sale on June 2, 2026
Example June 3 sale price
$261.5200/share
One 100-share open-market sale of Class A Common Stock
Price range footnote (high)
$268.44/share
Upper end of weighted-average price range for certain sales
Price range footnote (low)
$246.04/share
Lower end of another weighted-average price range for sales
Key Terms
restricted stock units, performance-based restricted stock units, weighted-average sales price, Rule 10b5-1 plan, +1 more
5 terms
restricted stock units financial
"tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based restricted stock units financial
"upon the vesting of restricted stock units and performance-based restricted stock units, as well as any related brokerage commission fees"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold at prices ranging from $267.15 to $268.44."
Rule 10b5-1 plan financial
"Shares sold pursuant to a 10b5-1 plan dated August 22, 2025."
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.
tax withholding obligations financial
"sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting"
FAQ
What did Datadog (DDOG) COO Adam Blitzer report in this Form 4?
Adam Blitzer reported multiple open-market sales of Datadog Class A Common Stock. Across June 2–3, 2026, he sold 25,844 shares in several transactions, as disclosed in the Form 4 insider trading report filed with the SEC.
Do the Datadog Form 4 sales reflect tax withholding for equity awards?
The Form 4 footnotes state Blitzer was required to sell only the number of shares needed. These covered applicable tax withholding obligations from vesting of restricted stock units and performance-based restricted stock units, along with any related brokerage commission fees.