Agarwal Amit 4
4 · Datadog, Inc. · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
Datadog (DDOG) Director Amit Agarwal Sells 20,000 Shares
What Happened
- Datadog director Amit Agarwal sold a total of 20,000 shares in multiple open‑market tranches on June 25, 2026, generating approximately $4.40 million in proceeds (sales executed between about $214.19 and $223.48 per share; weighted‑average prices reported for groups of trades).
- The Form 4 also shows conversion activity involving Class B common stock: one non‑cash conversion of 20,000 shares into Class A common stock and a separate conversion entry of 20,000 shares recorded as a derivative disposition with no cash proceeds. Per the filing, each Class B share converts 1:1 into Class A (see footnote F1).
Key Details
- Transaction date: June 25, 2026; Filing date: June 29, 2026 (filed within the Form 4 two‑business‑day window).
- Shares sold: 20,000 total across multiple tranches; total proceeds ≈ $4,402,377.
- Price range reported across tranches: roughly $214.19 to $223.48 per share (several weighted‑average prices and ranges noted; see footnotes F4–F12).
- Some sales were made pursuant to a prearranged 10b5‑1 plan (footnote F3).
- Certain shares are held in family trusts or by the reporting person’s spouse (footnotes F2, F13, F14).
- The filing does not state the reporter’s total shares owned after these transactions in the table provided.
Context
- Conversion of Class B to Class A is non‑cash and automatic/optional at 1:1 per the company charter (F1); this simply changes share class rather than representing a cash purchase or sale.
- Sales executed under a 10b5‑1 plan are preplanned trades and may not reflect the insider’s current view of the company; routine sales by directors are common for liquidity or diversification.
- This report appears timely (not marked late).
Insider Transaction Report
Form 4
Datadog, Inc.DDOG
Agarwal Amit
Director
Transactions
- Conversion
Class A Common Stock
[F1][F2]2026-06-25+20,000→ 21,640 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F4][F2]2026-06-25$214.52/sh−600$128,710→ 21,040 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F5][F2]2026-06-25$216.03/sh−900$194,427→ 20,140 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F6][F2]2026-06-25$216.93/sh−1,000$216,926→ 19,140 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F7][F2]2026-06-25$218.39/sh−1,433$312,957→ 17,707 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F8][F2]2026-06-25$219.25/sh−2,277$499,234→ 15,430 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F9][F2]2026-06-25$220.28/sh−5,426$1,195,265→ 10,004 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F10][F2]2026-06-25$221.19/sh−3,946$872,803→ 6,058 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F11][F2]2026-06-25$222.16/sh−3,903$867,090→ 2,155 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F12][F2]2026-06-25$223.23/sh−515$114,965→ 1,640 total(indirect: By Trust) - Conversion
Class B Common Stock
[F1][F2]2026-06-25−20,000→ 330,059 total(indirect: By Trust)→ Class A Common Stock (20,000 underlying)
Holdings
- 6,541(indirect: By Trust)
Class A Common Stock
[F13] - 29,071
Class A Common Stock
- 593,464(indirect: By Trust)
Class B Common Stock
[F1][F13]→ Class A Common Stock (593,464 underlying) - 42,976(indirect: By Spouse)
Class B Common Stock
[F1][F14]→ Class A Common Stock (42,976 underlying)
Footnotes (14)
- [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.
- [F10]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $220.77 to $221.76. 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.
- [F11]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $221.77 to $222.69. 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.
- [F12]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $222.82 to $223.48. 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.
- [F13]Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
- [F14]Shares are held by Reporting Person's spouse.
- [F2]Shares are held directly by Agarwal 2018 Family Trust, of which the Reporting Person's spouse is Trustee.
- [F3]Shares sold pursuant to a 10b5-1 plan dated March 13, 2026.
- [F4]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $214.19 to $215.02. 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 $215.60 to $216.45. 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 $216.60 to $217.56. 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 $217.76 to $218.75. 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 $218.76 to $219.72. 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 $219.77 to $220.76. 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.
Signature
/s/ Kerry Acocella, Attorney-in-Fact|2026-06-29