Walters Sean Michael 4

What Happened
Sean Michael Walters, Datadog's Chief Revenue Officer, sold a total of 22,330 shares of DDOG in open-market transactions on March 11, 2026, for aggregate proceeds of approximately $2,806,478. The four reported sale blocks were:

• 10,971 shares at $124.98 — $1,371,198
• 7,005 shares at $125.98 — $882,507
• 3,769 shares at $126.87 — $478,169
• 585 shares at $127.53 — $74,604

These were sales (S) — not purchases — and therefore typically viewed as routine insider selling rather than a bullish purchase signal.

Key Details

• Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (appears timely).
• Total shares sold: 22,330 for approx. $2.81M.
• Footnotes: Sales were made pursuant to a 10b5-1 trading plan dated December 10, 2024. Reported prices are weighted averages; individual price ranges for each block were: $124.35–$125.28, $125.49–$126.48, $126.49–$127.42, and $127.49–$127.58. The filer can provide the exact per-share breakdown on request.
• Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
• Transaction code: S = Sale.

Context
The sales were executed under a pre-arranged 10b5-1 plan, which often means the trades were scheduled in advance and are considered routine. No options were exercised and no gifts or tax-withholding items were reported in the provided details. For investors, purchases typically carry more informational weight than scheduled sales; these transactions primarily document insider liquidity.