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Datadog, Inc.·4

Mar 25, 4:07 PM ET

Agarwal Amit 4

4 · Datadog, Inc. · Filed Mar 25, 2026

Research Summary

AI-generated summary of this filing

Updated

Datadog (DDOG) Director Amit Agarwal Sells 20,000 Shares

What Happened

  • Director Amit Agarwal converted Class B shares into Class A and sold a total of 20,000 Datadog (DDOG) shares in the open market on March 23, 2026. The four sale lots were for 1,400; 2,691; 7,400; and 8,509 shares, generating aggregate proceeds of $2,547,237.
  • Reported weighted-average prices per lot were $124.78, $125.79, $127.33 and $128.31 (price ranges across the lots: $124.45–$128.63). The conversions reflect Class B → Class A share conversions (no cash payment).

Key Details

  • Transaction date: March 23, 2026; Form 4 filed March 25, 2026 (appears timely).
  • Sale details and proceeds: 20,000 shares sold for a total of $2,547,237 across four blocks (weighted-average prices shown above; individual trade price ranges noted in filing).
  • Conversion: 20,000 shares converted from Class B to Class A (convertible 1:1; no cash consideration).
  • Plan / authority: Sales were made pursuant to a 10b5-1 plan dated December 8, 2025.
  • Holdings after transaction: Not specified in the provided Form 4 excerpt.
  • Ownership notes: Some shares are held by Agarwal family trusts and the reporting person’s spouse (filing footnotes).

Context

  • The conversion was a structural change (Class B → Class A common stock, 1:1) rather than a purchase. The converted shares were then sold in the open market under a pre-established 10b5-1 plan.
  • Sales by insiders are often routine (e.g., diversification, estate planning) and, by themselves, are not a clear signal of company prospects. This filing is factual: it documents conversion plus market sales and does not explain motive.

Insider Transaction Report

Form 4
Period: 2026-03-23
Datadog, Inc.DDOG
Agarwal Amit
Director
Transactions
  • Conversion

    Class A Common Stock

    [F1][F2]
    2026-03-23+20,000→ 21,640 total(indirect: By Trust)
  • Sale

    Class A Common Stock

    [F3][F4][F2]
    2026-03-23$124.78/sh−1,400$174,694→ 20,240 total(indirect: By Trust)
  • Sale

    Class A Common Stock

    [F3][F5][F2]
    2026-03-23$125.79/sh−2,691$338,492→ 17,549 total(indirect: By Trust)
  • Sale

    Class A Common Stock

    [F3][F6][F2]
    2026-03-23$127.33/sh−7,400$942,266→ 10,149 total(indirect: By Trust)
  • Sale

    Class A Common Stock

    [F3][F7][F2]
    2026-03-23$128.31/sh−8,509$1,091,785→ 1,640 total(indirect: By Trust)
  • Conversion

    Class B Common Stock

    [F1][F2]
    2026-03-23−20,000→ 530,059 total(indirect: By Trust)
    → Class A Common Stock (20,000 underlying)
Holdings

  • Class A Common Stock

    [F8]
    (indirect: By Trust)
    6,541

  • Class A Common Stock

    27,999

  • Class B Common Stock

    [F1][F8]
    (indirect: By Trust)
    → Class A Common Stock (603,464 underlying)
    603,464

  • Class B Common Stock

    [F1][F9]
    (indirect: By Spouse)
    → Class A Common Stock (53,063 underlying)
    53,063
Footnotes (9)
  • [F1]Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the earliest of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation, (ii) the death of the Reporting Person in the case of shares held directly or in a trustee capacity, and (iii) the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock.
  • [F2]Shares are held directly by Agarwal 2018 Family Trust, of which the Reporting Person's spouse is Trustee.
  • [F3]Shares sold pursuant to a 10b5-1 plan dated December 8, 2025.
  • [F4]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $124.45 to $125.35. 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 $125.66 to $126.46. 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 $126.76 to $127.74. 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 $127.76 to $128.63. 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]Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
  • [F9]Shares are held by Reporting Person's spouse.
Signature
/s/ Kerry Acocella, Attorney-in-Fact|2026-03-25

Documents

1 file
  • 4
    wk-form4_1774469247.xmlPrimary

    FORM 4