Agarwal Amit 4
4 · Datadog, Inc. · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Datadog (DDOG) Director Amit Agarwal Sells 20,000 Shares
What Happened
- Amit Agarwal, a director of Datadog (DDOG), converted 20,000 shares of Class B common stock into Class A common stock and sold those 20,000 shares in multiple open‑market transactions on July 2, 2026. The sales were executed in blocks at weighted‑average prices around the low-to-mid $260s, producing total gross proceeds of approximately $5,224,413.
- These were sales (not purchases); the conversion of Class B to Class A involved no cash payment (per the filing).
Key Details
- Transaction date: July 2, 2026; Form 4 filed July 7, 2026.
- Total sold: 20,000 shares in multiple blocks (individual block sizes: 900; 4,032; 6,557; 3,911; 2,000; 900; 879; 821).
- Total proceeds: ~$5,224,413. Prices reported per block were weighted averages in the ~ $258.59–$265.64 range; overall sales ranged roughly $258.13 to $266.20 (per footnotes).
- Conversion: 20,000 Class B shares were converted to Class A (footnote: Class B converts 1:1 to Class A and this conversion can occur automatically on certain events). The conversion involved no cash consideration.
- Plan/authorization: The sales were reported as being made pursuant to a 10b5‑1 trading plan (footnote).
- Holdings after transaction: not specified in the provided filing excerpt.
- Related-party/ownership notes: some shares referenced in the filing are held in family trusts and by the reporting person’s spouse (footnotes).
Context
- Conversions of Class B to Class A are a routine administrative step that can precede open‑market sales; the filing shows the converted shares were sold rather than retained. Sales made under a 10b5‑1 plan indicate pre‑arranged transactions rather than opportunistic trades timed to inside information.
- This filing reports sales (a liquidity event for the insider) rather than a purchase; purchases typically carry more direct implications of insider bullishness.
Insider Transaction Report
Form 4
Datadog, Inc.DDOG
Agarwal Amit
Director
Transactions
- Conversion
Class A Common Stock
[F1][F2]2026-07-02+20,000→ 21,640 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F4][F2]2026-07-02$258.59/sh−900$232,732→ 20,740 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F5][F2]2026-07-02$259.70/sh−4,032$1,047,118→ 16,708 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F6][F2]2026-07-02$260.53/sh−6,557$1,708,298→ 10,151 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F7][F2]2026-07-02$261.53/sh−3,911$1,022,837→ 6,240 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F8][F2]2026-07-02$262.57/sh−2,000$525,134→ 4,240 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F9][F2]2026-07-02$263.80/sh−900$237,417→ 3,340 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F10][F2]2026-07-02$264.83/sh−879$232,782→ 2,461 total(indirect: By Trust) - Sale
Class A Common Stock
[F3][F11][F2]2026-07-02$265.64/sh−821$218,095→ 1,640 total(indirect: By Trust) - Conversion
Class B Common Stock
[F1][F2]2026-07-02−20,000→ 310,059 total(indirect: By Trust)→ Class A Common Stock (20,000 underlying)
Holdings
- 6,541(indirect: By Trust)
Class A Common Stock
[F12] - 29,071
Class A Common Stock
- 593,464(indirect: By Trust)
Class B Common Stock
[F1][F12]→ Class A Common Stock (593,464 underlying) - 42,976(indirect: By Spouse)
Class B Common Stock
[F1][F13]→ Class A Common Stock (42,976 underlying)
Footnotes (13)
- [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 $264.28 to $265.27. 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 $265.36 to $266.20. 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]Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
- [F13]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 $258.13 to $259.00. 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 $259.14 to $260.13. 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 $260.14 to $261.13. 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 $261.14 to $262.07. 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 $262.18 to $263.06. 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 $263.27 to $264.14. 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|2026-07-07