COLE TITILOPE 4
4 · Datadog, Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Datadog (DDOG) Director Cole Titilope Sells Shares
What Happened Cole Titilope, a director of Datadog, sold a total of 5,131 shares in open-market transactions on June 4, 2026. The Form 4 reports three sales: 1,053 shares at $246.30 for $259,358; 2,262 shares at $248.28 for $561,609; and 1,816 shares at $248.28 for $450,876 — aggregate proceeds of approximately $1,271,843. These were outright sales (transaction code S), not purchases or option exercises.
Key Details
- Transaction date: 2026-06-04 (filed on 2026-06-08; filing appears timely under the 2-business-day rule).
- Reported individual sales: 1,053 @ $246.30; 2,262 @ $248.28; 1,816 @ $248.28. Total shares sold: 5,131; total proceeds: ~$1,271,843.
- Footnote (F1): The filing notes a weighted-average sales price and states shares were sold at prices ranging $246.30–$246.34; the reporting person can provide a per-price breakdown on request.
- Shares owned after the transaction: Not specified in the information provided in your summary.
- No 10b5-1 plan, option exercise, award, or gift is indicated in the provided data — these were open-market sales.
Context Sales by directors can be routine (diversification, personal liquidity, tax-related), and by themselves do not necessarily signal a change in company outlook. Purchases typically carry clearer bullish intent; this filing documents only sales. For more detail (exact per-trade prices or post-transaction holdings), the footnote indicates the reporting person can supply a breakdown upon request.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-06-04$246.30/sh−1,053$259,358→ 5,294 total - Sale
Class A Common Stock
2026-06-04$248.28/sh−2,262$561,609→ 3,032 total - Sale
Class A Common Stock
2026-06-04$248.28/sh−1,816$450,876→ 1,216 total
Footnotes (1)
- [F1]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $246.30 to $246.34. 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.