OBSTLER DAVID M 4
4 · Datadog, Inc. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Datadog (DDOG) CFO David Obstler Sells 16,323 Shares
What Happened
David M. Obstler, Datadog's Chief Financial Officer, sold 16,323 shares of DDOG common stock in an open-market transaction on June 2, 2026. The weighted-average sale price was $267.15, generating approximately $4,360,761 in gross proceeds. This sale is reported as a disposition (S) and—per the filing—was made to satisfy tax withholding obligations associated with vested restricted stock units (RSUs) and performance-based RSUs.
Key Details
- Transaction date: 2026-06-02 (filed with the SEC on 2026-06-04; filing appears timely).
- Price: weighted-average $267.15; reported price range $267.15 to $268.44.
- Shares sold: 16,323; Proceeds ≈ $4,360,761.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — sale was limited to the number of shares needed to cover tax withholding and brokerage fees; F2 — weighted-average price reported, and a full breakdown of shares sold at each price is available on request.
- Transaction code: S (sale).
Context
The filing indicates the sale was to cover tax withholding for vested RSUs, a common, routine type of insider sale that does not necessarily reflect the insider’s view on the company. Purchases by insiders tend to be watched more closely for bullish signals; routine withholding sales are typically administrative.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-06-02$267.15/sh−16,323$4,360,761→ 509,591 total
Footnotes (2)
- [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.
- [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.