OBSTLER DAVID M 4

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).