Shah Shardul 4
4 · Datadog, Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Datadog (DDOG) Director Shah Shardul Sells 7,916 Shares
What Happened
Shah Shardul, a member of Datadog's board of directors, reported multiple open-market sales on February 13, 2026, disposing of a total of 7,916 DDOG shares for aggregate proceeds of approximately $998,892. The sales were executed in several tranches at reported prices ranging roughly from $122.78 to $129.22 per share (individual reported trade prices: $123.37, $124.32, $125.18, $126.13, $127.44, $128.47, $129.06). These transactions are sales (not purchases) and thus do not represent a new insider accumulation.
Key Details
- Transaction date: February 13, 2026; Form 4 filed February 18, 2026 (see timeliness note below).
- Total shares sold: 7,916; total proceeds: ~$998,892.
- Reported per-trade amounts: 582 @ $123.37 ($71,803); 806 @ $124.32 ($100,201); 2,521 @ $125.18 ($315,579); 1,100 @ $126.13 ($138,740); 1,206 @ $127.44 ($153,689); 1,100 @ $128.47 ($141,312); 601 @ $129.06 ($77,568).
- Several footnotes report weighted-average pricing with sale price ranges (overall ranges in filing: $122.78–$129.22).
- Footnote disclosures: some sales were made pursuant to a 10b5-1 trading plan dated June 13, 2025 (pre-arranged trading); certain shares are held by the 2019 Shah Family Trust, of which Mr. Shah is trustee (he disclaims beneficial ownership of trust shares except to the extent of any pecuniary interest).
- Shares owned after the transactions: not specified in the information provided.
- Timeliness: Form 4 was filed five calendar days after the trades (Feb 18 reporting Feb 13 trades), which appears to be beyond the standard two-business-day Form 4 filing window.
Context
Sales made under a 10b5-1 plan are generally pre-arranged and do not necessarily reflect the insider's current view of the company; routine sales by directors are common for diversification or liquidity. For retail investors, purchases by insiders often carry more interpretive weight than routine, pre-planned sales.
Insider Transaction Report
Form 4
Datadog, Inc.DDOG
Shah Shardul
Director
Transactions
- Sale
Class A Common Stock
[F1][F2][F3]2026-02-13$123.37/sh−582$71,803→ 340,119 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F4][F3]2026-02-13$124.32/sh−806$100,201→ 339,313 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F5][F3]2026-02-13$125.18/sh−2,521$315,579→ 336,792 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F6][F3]2026-02-13$126.13/sh−1,100$138,740→ 335,692 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F7][F3]2026-02-13$127.44/sh−1,206$153,689→ 334,486 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F8][F3]2026-02-13$128.47/sh−1,100$141,312→ 333,386 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F9][F3]2026-02-13$129.06/sh−601$77,568→ 332,785 total(indirect: By Trust)
Holdings
- 2,106
Class A Common Stock
Footnotes (9)
- [F1]Shares sold pursuant to a 10b5-1 plan dated June 13, 2025.
- [F2]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $122.78 to $123.77. 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]The shares are held by the 2019 Shah Family Trust, of which Reporting Person is Trustee. The Reporting Person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.
- [F4]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $123.81 to $124.79. 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.
- [F5]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $124.81 to $125.76. 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.
- [F6]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $125.82 to $126.67. 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.
- [F7]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $126.82 to $127.77. 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.
- [F8]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $127.86 to $128.79. 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.
- [F9]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $128.92 to $129.22. 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.
Signature
/s/ Kerry Acocella, Attorney-in-Fact|2026-02-18