Datadog (NASDAQ: DDOG) CPO sells shares for tax withholding
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 23,023 shares ($2,544,866)
Net Sell
1 txn
Insider
Li Yanbing
Role
Chief Product Officer
Sold
23,023 shs ($2.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 23,023 | $110.5358 | $2.54M |
Holdings After Transaction:
Class A Common Stock — 254,001 shares (Direct)
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 $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.
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.
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.