Datadog (DDOG) Chief People Officer sells 4,013 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. Chief People Officer David Galloreese reported an open-market sale of Class A Common Stock. On June 9, 2026, he sold 4,013 shares at a weighted-average price of $228.9036 per share. The transaction was executed under a 10b5-1 trading plan dated March 6, 2026, indicating it was pre-arranged. Following this sale, Galloreese directly holds 122,191 shares of Datadog Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,013 shares ($918,590)
Net Sell
1 txn
Insider
Galloreese David
Role
Chief People Officer
Sold
4,013 shs ($919K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,013 | $228.9036 | $919K |
Holdings After Transaction:
Class A Common Stock — 122,191 shares (Direct, null)
Footnotes (1)
- Shares sold pursuant to a 10b5-1 plan dated March 6, 2026. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $228.16 to $229.90. 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
Shares sold: 4,013 shares
Weighted-average sale price: $228.9036 per share
Sale price range: $228.16–$229.90 per share
+2 more
5 metrics
Shares sold
4,013 shares
Open-market sale on June 9, 2026
Weighted-average sale price
$228.9036 per share
Class A Common Stock sale
Sale price range
$228.16–$229.90 per share
Range of prices for reported trades
Shares owned after sale
122,191 shares
Direct holdings following transaction
10b5-1 plan date
March 6, 2026
Plan governing the reported sale
Key Terms
10b5-1 plan, weighted-average sales price, Class A Common Stock, open-market sale
4 terms
10b5-1 plan regulatory
"Shares sold pursuant to a 10b5-1 plan dated March 6, 2026."
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
weighted-average sales price financial
"Price reported is a weighted-average sales price."
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Datadog (DDOG) report for David Galloreese?
Datadog reported that Chief People Officer David Galloreese sold shares of Class A Common Stock. He completed an open-market sale of 4,013 shares on June 9, 2026, as disclosed in a Form 4 insider trading report.
Did David Galloreese exercise any Datadog (DDOG) stock options in this filing?
No. The reported activity involves only a non-derivative open-market sale of Class A Common Stock. The derivative section in the filing is empty, indicating there were no option exercises or other derivative transactions disclosed in this particular Form 4.