Datadog CPO sells shares to cover tax withholding
Datadog, Inc. Chief Product Officer Li Yanbing executed an open-market sale of 11,070 shares of Class A Common Stock on June 2, 2026 at a weighted-average price of $267.1544 per share.
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Rhea-AI Filing Summary
Datadog, Inc. Chief Product Officer Li Yanbing executed an open-market sale of 11,070 shares of Class A Common Stock on June 2, 2026 at a weighted-average price of $267.1544 per share. According to the disclosure, the issuer required this sale solely to cover tax withholding obligations and related brokerage fees arising from the vesting of restricted stock units and performance-based restricted stock units, making it a tax-driven, not discretionary, transaction. Following the sale, Li beneficially owns 274,352 shares, which include 139 shares acquired under the company’s Employee Stock Purchase Plan on May 15, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 11,070 | $267.1544 | $2.96M |
Footnotes (3)
- 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. Includes 139 shares acquired on May 15, 2026 under the Issuers Employee Stock Purchase Plan.
Key Figures
Key Terms
restricted stock units financial
performance-based restricted stock units financial
weighted-average sales price financial
Employee Stock Purchase Plan financial
FAQ
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What did Datadog (DDOG) Chief Product Officer Li Yanbing report in this Form 4?
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