Jacobson Matthew 4

What Happened
Matthew Jacobson, a director of Datadog, sold a total of 52,832 shares of DDOG common stock in open-market transactions on May 8, 2026. The four reported dispositions were: 9,553 shares at a weighted-average $187.44 ($1,790,619), 11,050 shares at $188.64 ($2,084,481), 14,072 shares at $189.72 ($2,669,768), and 18,157 shares at $190.29 ($3,455,023). These sales were disposals (S) and produced total gross proceeds of $9,999,891 (about $10.0M). Sales are routine dispositions rather than purchases (not a bullish buy).

Key Details

• Transaction date: May 8, 2026 (filed on May 12, 2026 — timely within the two-business-day Form 4 window).
• Individual trades (shares @ reported weighted-average price — proceeds):
  • 9,553 @ $187.44 = $1,790,619
  • 11,050 @ $188.64 = $2,084,481
  • 14,072 @ $189.72 = $2,669,768
  • 18,157 @ $190.29 = $3,455,023
• Reported total: 52,832 shares sold for $9,999,891.
• Footnotes: reported prices are weighted averages; individual sales occurred across price ranges (roughly $187.06–$190.57 across the trades). The filing notes that detailed per-trade price breakdowns can be provided to the SEC on request.
• Ownership after transaction: not specified in the supplied summary of the Form 4 (see the filed Form 4 for post-transaction holdings).
• Trust holding note: some shares are held in trusts for which the reporting person is trustee or a beneficiary; the reporting person disclaims beneficial ownership of trust-held shares except to the extent of any pecuniary interest (per footnote).

Context

• This filing reports standard open-market sales (code S). The Form 4 does not disclose a 10b5-1 plan, option exercise, gift, or tax-withholding disposition tied to these trades. Sales by directors can be for many reasons; this report is factual and does not imply insider sentiment.
• For full details (exact per-trade timestamps and price breakdowns, and post-transaction holdings), consult the complete Form 4 (Accession 0001193125-26-219370).