Walters Sean Michael 4

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.