OBSTLER DAVID M 4
4 · Datadog, Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Datadog (DDOG) CFO David Obstler Sells Shares
What Happened
David M. Obstler, Datadog’s Chief Financial Officer, sold a total of 75,000 shares in open‑market transactions on June 8, 2026, generating roughly $17.38 million. The sales occurred in multiple tranches at reported prices of $229.29, $230.59, $231.31, $232.41, $233.31, $234.31, $235.35, $236.20 and $239.13, with the aggregate proceeds of approximately $17,376,592 (average ≈ $231.69/share). These sales were executed pursuant to a 10b5‑1 trading plan.
Key Details
- Transaction date: June 8, 2026; Form 4 filed June 10, 2026 (appears timely).
- Tranches (shares @ price = proceeds):
- 7,500 @ $229.29 = $1,719,662
- 17,966 @ $230.59 = $4,142,787
- 21,382 @ $231.31 = $4,945,956
- 12,398 @ $232.41 = $2,881,477
- 10,054 @ $233.31 = $2,345,746
- 2,783 @ $234.31 = $652,092
- 2,217 @ $235.35 = $521,773
- 100 @ $236.20 = $23,620
- 600 @ $239.13 = $143,479
- Total: 75,000 shares sold for ~$17.38M; reported weighted‑average and tranche price ranges span roughly $228.75 to $239.55 (per filing footnotes).
- Footnotes: Sales were pursuant to a 10b5‑1 plan dated March 9, 2026; several tranches report weighted‑average prices with per‑trade price ranges and fuller breakdowns available on request.
- Shares owned after the transaction: not specified in the provided summary.
Context
Sales under a 10b5‑1 plan are pre‑arranged and typically permit insiders to sell shares on a preset schedule; they are generally considered routine and do not alone indicate the insider’s view of the company. Retail investors often watch purchases more closely as potential bullish signals. This report documents straightforward open‑market sales (code S).
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-06-08$229.29/sh−7,500$1,719,662→ 502,091 total - Sale
Class A Common Stock
[F1][F3]2026-06-08$230.59/sh−17,966$4,142,787→ 484,125 total - Sale
Class A Common Stock
[F1][F4]2026-06-08$231.31/sh−21,382$4,945,956→ 462,743 total - Sale
Class A Common Stock
[F1][F5]2026-06-08$232.41/sh−12,398$2,881,477→ 450,345 total - Sale
Class A Common Stock
[F1][F6]2026-06-08$233.31/sh−10,054$2,345,746→ 440,291 total - Sale
Class A Common Stock
[F1][F7]2026-06-08$234.31/sh−2,783$652,092→ 437,508 total - Sale
Class A Common Stock
[F1][F8]2026-06-08$235.35/sh−2,217$521,773→ 435,291 total - Sale
Class A Common Stock
[F1]2026-06-08$236.20/sh−100$23,620→ 435,191 total - Sale
Class A Common Stock
[F1][F9]2026-06-08$239.13/sh−600$143,479→ 434,591 total
Footnotes (9)
- [F1]Shares sold pursuant to a 10b5-1 plan dated March 9, 2026.
- [F2]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $228.75 to $229.73. 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]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $229.92 to $230.90. 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.
- [F4]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $230.92 to $231.91. 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 $231.92 to $232.91. 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 $232.92 to $233.85. 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.
- [F7]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $233.99 to $234.90. 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 $234.99 to $235.84. 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 $239.04 to $239.55. 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.