Walters Sean Michael 4
4 · Datadog, Inc. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Datadog CRO Sean Walters Sells 13,409 Shares
What Happened
Sean Michael Walters, Datadog's Chief Revenue Officer, sold 13,409 shares in an open-market transaction on 2026-06-02 for total proceeds of $3,582,273. The filing reports a weighted-average sale price of $267.15 (sales ranged $267.15–$268.44). This sale was executed to cover tax withholding obligations tied to the vesting of restricted stock units and performance-based restricted stock units.
Key Details
- Transaction date: 2026-06-02; Form 4 filed: 2026-06-04 (filed timely).
- Shares sold: 13,409; weighted-average price: $267.15; price range: $267.15–$268.44.
- Total proceeds reported: $3,582,273.
- Shares owned after the transaction: not specified in the provided filing summary.
- Notable footnotes: (F1) Sale required by issuer to cover tax withholding on vested RSUs/PSUs; (F2) detailed per-price sale breakdown available on request; (F3) includes 95 shares acquired 2026-05-15 under the ESPP.
- Transaction code: S (sale).
Context
Per the filing footnote, the sale was a routine tax-withholding sale tied to vesting of equity awards rather than an independent open-market investment decision. Such withholding sales are common and do not necessarily indicate the insider’s broader view on the stock.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-06-02$267.15/sh−13,409$3,582,273→ 270,296 total
- 8(indirect: By Son)
Class A Common Stock
Footnotes (3)
- [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.
- [F3]Includes 95 shares acquired on May 15, 2026 under the Issuers Employee Stock Purchase Plan.