OBSTLER DAVID M 4
4 · Datadog, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Datadog CFO David Obstler Gifts 7,500 Shares; Converts Derivatives
What Happened David M. Obstler, Datadog’s Chief Financial Officer, reported conversions of derivative securities and a gift on June 12, 2026. The Form 4 shows: a conversion of derivative security for 7,500 shares (acquired), a gift of 7,500 shares (disposed), and a separate conversion of derivative security for 7,500 shares (reported as disposed). All transactions are reported at $0.00.
Key Details
- Transaction date: 2026-06-12; filing date: 2026-06-16 (filed within the Form 4 deadline).
- Reported prices/values: $0.00 for each reported transaction (conversion/gift entries).
- Reported amounts: 7,500 shares acquired via conversion; 7,500 shares gifted (disposed); an additional 7,500-share derivative conversion reported as disposed.
- Shares owned after transaction: Not specified in the provided filing excerpt — see the full SEC filing for total holdings.
- Footnotes:
- F1 — Class B shares are convertible into Class A at the holder’s option (and convert on certain events); no expiration.
- F2/F3 — The gifted/held shares are held directly by two separate Obstler Children 2019 Trusts for his children; his spouse is the trustee.
Context
- These were conversions and an intra-family gift, not open-market purchases or sales. The gift to family trusts is a personal/estate-planning transfer and does not necessarily signal insider sentiment about the stock.
- For derivative conversions: the filing reflects conversion of Class B/common derivative securities into Class A common stock (see F1).
- The filing appears timely (filed within required business-day window).
Insider Transaction Report
Form 4
Datadog, Inc.DDOG
OBSTLER DAVID M
Chief Financial Officer
Transactions
- Conversion
Class A Common Stock
[F1]2026-06-12+7,500→ 442,091 total - Gift
Class A Common Stock
2026-06-12−7,500→ 434,591 total - Conversion
Class B Common Stock
[F1]2026-06-12−7,500→ 8,103 total→ Class A Common Stock (7,500 underlying)
Holdings
- 46,199(indirect: By Trust)
Class B Common Stock
[F1][F2]→ Class A Common Stock (46,199 underlying) - 46,198(indirect: By Trust)
Class B Common Stock
[F1][F3]→ Class A Common Stock (46,198 underlying)
Footnotes (3)
- [F1]Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the earliest of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation, (ii) the death of the Reporting Person in the case of shares held directly or in a trustee capacity, and (iii) the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock.
- [F2]Shares are held directly by Obstler Children 2019 Trust FBO the Reporting Person's child, of which the Reporting Person's spouse is Trustee. Obstler Children 2019 Trust FBO the Reporting Person's child and Obstler Children 2019 Trust FBO the Reporting Person's other child are separate trusts for the benefit of the Reporting Person's children with substantially identical terms.
- [F3]Shares are held directly by Obstler Children 2019 Trust FBO the Reporting Person's other child, of which the Reporting Person's spouse is Trustee. See Footnote 2.
Signature
/s/ Kerry Acocella, Attorney-in-Fact|2026-06-16