Datadog (DDOG) COO Adam Blitzer Sells 12,032 Shares

What Happened Adam Blitzer, Datadog’s Chief Operating Officer, sold a total of 12,032 shares of DDOG stock in multiple open‑market transactions on September 3, 2026. The tranches ranged in reported prices from about $211.68 up to $220.15, generating total proceeds of approximately $2,579,375. The filing shows these sales were executed pursuant to a pre‑arranged Rule 10b5‑1 trading plan dated August 22, 2025.

Key Details

• Transaction date: September 3, 2026 (filed with the SEC on September 8, 2026).
• Aggregate shares sold: 12,032; aggregate proceeds: ~$2.58 million.
• Per‑tranche reported activity (selected):
  • 5,002 shares @ $213.94 → $1,070,145
  • 4,730 shares @ $214.73 → $1,015,665
  • 993 shares @ $215.61 → $214,098
  • Other tranches: 300, 700, 107, 100, 100 shares at reported prices between ~$211.68 and $220.15.
• Price reporting: several tranches report weighted‑average prices with disclosed intra‑trade ranges (footnotes show ranges roughly $211.21–$217.23); the filing states full per‑price breakdowns are available on request.
• Footnotes: sales executed pursuant to a 10b5‑1 plan (dated Aug 22, 2025); weighted‑average pricing and per‑price ranges disclosed in footnotes.
• Shares owned after transaction: not specified in the information provided in this summary.
• Timeliness: transactions occurred Sep 3 and the Form 4 was filed Sep 8 (Form 4s are generally due within two business days), so this filing appears to have been filed several days after the trades.

Context

• These were routine sales under a pre‑arranged 10b5‑1 plan, which are typically scheduled in advance and do not necessarily indicate a change in the insider’s view of the company. Sales (code S) are generally less informative about insider sentiment than purchases.
• The filing discloses weighted‑average prices and provides ranges per tranche; the filer states they will supply a full breakdown of the number of shares sold at each separate price upon request to the SEC or issuer.