DDOG Insider Filing: Olivier Pomel Disposes 11,195 Shares; Retains 8.54M Beneficially
Rhea-AI Filing Summary
Datadog insider filing: This Form 4 shows Olivier Pomel, Datadog CEO and director, reported transactions on 09/23/2025. He acquired 11,195 shares of Class B common stock that are convertible into Class A shares and, on the same date, sold a total of 11,195 shares of Class A common stock in three block sales under a 10b5-1 plan dated September 13, 2024. The reported weighted-average sale prices ranged from $136.79 to $139.58 per share, with the three reported weighted averages at $137.3464, $138.2773 and $139.1896 respectively. Following the transactions the filing shows 533,358 shares of Class A common stock directly held and a total of 8,538,102 Class A shares beneficially owned following the reported derivative conversion.
Positive
- Timely and detailed compliance with SEC reporting requirements, including weighted-average sale prices and 10b5-1 plan disclosure
- Substantial retained beneficial ownership of 8,538,102 Class A shares, maintaining alignment with shareholders
Negative
- Insider sales totaling 11,195 shares executed on 09/23/2025 under a 10b5-1 plan, representing insider liquidity
- Weighted-average sale prices show disposals in the $136.79–$139.58 range, which may slightly reduce insider shareholdings
Insights
TL;DR: Insider sold shares under a 10b5-1 plan while retaining substantial beneficial ownership.
Olivier Pomel's sales were executed pursuant to a pre-existing 10b5-1 plan, which typically reduces concerns about opportunistic timing. The filing discloses both an acquisition of convertible Class B shares and contemporaneous sales of Class A shares that net to the same number of shares, indicating routine portfolio management or tax/liquidity planning. Reporting is timely and includes weighted-average prices and price ranges as required. Materiality is limited given continued large beneficial ownership of 8,538,102 shares, which preserves alignment with long-term shareholders.
TL;DR: The transactions represent modest insider liquidity with no change to control.
The filing documents 11,195 shares moved via conversion and sale at weighted-average prices in the $137-139 range. The sales were executed under a 10b5-1 plan dated September 13, 2024, which indicates pre-planned disposition rather than reactive selling. The residual direct holding of 533,358 Class A shares and aggregate beneficial ownership of 8,538,102 shares remain substantial relative to typical executive stakes. There is no indication of change in governance or control from these transactions.