STOCK TITAN

Datadog (NASDAQ: DDOG) CPO sells shares for tax withholding

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Datadog, Inc. Chief Product Officer Li Yanbing reported an open-market sale of 23,023 shares of Class A common stock on March 2, 2026. The sale was required by the company to cover tax withholding obligations arising from the vesting of restricted and performance-based stock units, including related brokerage commissions.

The shares were sold at a weighted-average price, with individual sale prices ranging from $111.53 to $111.73. Following this tax-related transaction, Li Yanbing directly owned 254,001 shares of Datadog Class A common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Li Yanbing

(Last) (First) (Middle)
C/O DATADOG, INC.
620 8TH AVENUE, 45TH FLOOR

(Street)
NEW YORK NY 10018

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Datadog, Inc. [ DDOG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Product Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/02/2026 S(1) 23,023 D $110.5358(2) 254,001 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $111.53 to $111.73. 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.
Remarks:
/s/ Kerry Acocella, Attorney-in-Fact 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Datadog (DDOG) report for Li Yanbing?

Datadog reported that Chief Product Officer Li Yanbing sold 23,023 Class A shares. The transaction occurred on March 2, 2026 and was an open-market sale tied to equity compensation vesting and related tax obligations, rather than a discretionary portfolio adjustment.

Why did Datadog (DDOG) executive Li Yanbing sell 23,023 shares?

The sale was required to cover tax withholding obligations from vested stock units. Datadog required Li Yanbing to sell only the number of shares needed to satisfy taxes and brokerage commissions from vesting restricted stock units and performance-based restricted stock units.

At what prices were the Datadog (DDOG) shares sold by Li Yanbing?

The shares were sold at a weighted-average price within a range of $111.53 to $111.73. The filing notes a weighted-average sales price and states individual trades occurred across that price band, with detailed breakdowns available upon request to relevant parties.

How many Datadog (DDOG) shares does Li Yanbing own after the reported sale?

After the transaction, Li Yanbing directly owned 254,001 Class A shares. The Form 4 shows this post-transaction holding, indicating continued substantial equity exposure following the tax-related sale tied to the vesting of restricted and performance-based stock units.

Was the Datadog (DDOG) insider sale by Li Yanbing a discretionary sale?

The filing describes the sale as required by the company to cover taxes. It specifies that only the number of shares necessary for tax withholding and brokerage commissions from vested equity awards was sold, suggesting a mechanical, compensation-related transaction rather than a discretionary liquidation.
Datadog, Inc.

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39.17B
322.84M
Software - Application
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United States
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