Blitzer Adam 4
4 · Datadog, Inc. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Datadog (DDOG) COO Adam Blitzer Sells Shares
What Happened Adam Blitzer, Chief Operating Officer of Datadog (DDOG), reported open‑market sales of a total 25,844 shares on June 2–3, 2026 for aggregate proceeds of approximately $6.69 million. The largest block was 13,642 shares on June 2 at about $267.15/share (~$3.64M). Other sales on June 3 were done in multiple tranches at weighted‑average prices between roughly $246 and $261 per share for the remaining ~12,200 shares.
These transactions are sales (S) — commonly routine dispositions rather than purchases, and the filing includes notes that some sales were to cover tax withholding on vested awards and some were executed under a pre‑arranged 10b5‑1 plan.
Key Details
- Transaction dates: June 2–3, 2026; Form 4 filed June 4, 2026 (appears timely under the two‑business‑day rule).
- Shares sold: 25,844 total. Proceeds: ≈ $6,686,333 (~$6.69M).
- Price information: Reported as weighted‑average prices; filing provides price ranges (roughly $246.04 to $268.44 across tranches).
- Notable footnotes: some shares sold pursuant to a 10b5‑1 trading plan (dated Aug 22, 2025); other sales were required by the issuer to cover tax withholding on vested restricted stock units/performance RSUs. Several lines note weighted‑average sale‑price ranges and that additional detail is available on request.
- Shares owned after the transactions: Not specified in the provided filing excerpt.
- Filing timeliness: Filed June 4 for trades on June 2–3 — no late‑filing indication in the excerpt.
Context
- Sales to cover tax withholding or executed under a 10b5‑1 plan are common for executives when equity awards vest; they do not on their own indicate the insider’s view of the company.
- For retail investors, purchases by insiders are generally more informative as a positive signal; routine sales (tax withholding, planned 10b5‑1 sales) are standard liquidity or administrative actions.
Insider Transaction Report
Form 4
Datadog, Inc.DDOG
Blitzer Adam
Chief Operating Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-06-02$267.15/sh−13,642$3,644,520→ 275,973 total - Sale
Class A Common Stock
[F3][F4]2026-06-03$246.54/sh−562$138,556→ 275,411 total - Sale
Class A Common Stock
[F3][F5]2026-06-03$247.69/sh−3,500$866,907→ 271,911 total - Sale
Class A Common Stock
[F3][F6]2026-06-03$248.67/sh−2,924$727,124→ 268,987 total - Sale
Class A Common Stock
[F3][F7]2026-06-03$249.70/sh−2,270$566,815→ 266,717 total - Sale
Class A Common Stock
[F3][F8]2026-06-03$250.34/sh−2,046$512,203→ 264,671 total - Sale
Class A Common Stock
[F3][F9]2026-06-03$251.60/sh−200$50,321→ 264,471 total - Sale
Class A Common Stock
[F3]2026-06-03$253.25/sh−200$50,650→ 264,271 total - Sale
Class A Common Stock
[F3][F10]2026-06-03$256.00/sh−200$51,199→ 264,071 total - Sale
Class A Common Stock
[F3]2026-06-03$259.43/sh−200$51,886→ 263,871 total - Sale
Class A Common Stock
[F3]2026-06-03$261.52/sh−100$26,152→ 263,771 total
Footnotes (10)
- [F1]The Reporting Person was required by the Issuer to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units, as well as any related brokerage commission fees.
- [F10]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $255.95 to $256.04. 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.
- [F2]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $267.15 to $268.44. 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]Shares sold pursuant to a 10b5-1 plan dated August 22, 2025.
- [F4]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $246.04 to $246.69. 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 $247.19 to $248.14. 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 $248.20 to $249.15. 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 $249.29 to $250.28. 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 $250.29 to $250.62. 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 $251.36 to $251.85. 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|2026-06-04