Form 4: Datadog CFO David Obstler Executes Stock Conversion

Datadog CFO David Obstler converted 7,500 shares of Class B common stock into Class A common stock and subsequently gifted them.

Summary

• David Obstler, Chief Financial Officer of Datadog, Inc., converted 7,500 shares of Class B common stock into Class A common stock on June 12, 2026.
• Following the conversion, the reporting person disposed of the 7,500 shares of Class A common stock via a gift transaction.
• The transaction resulted in a net change of zero in the reporting person's total beneficial ownership of Class A common stock, which stands at 434,591 shares held directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction represents routine personal financial management by an executive.

Positives

• The transaction reflects standard equity management and estate planning activities by a key executive.

Negatives

• None identified; this is a routine administrative filing regarding stock conversion and gifting.

Risks

• None identified; the filing pertains to internal share reclassification and gifting rather than operational or market risks.

Future Outlook

No forward-looking guidance or operational outlook provided in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings regarding share conversions and gifts are standard corporate governance disclosures and typically do not signal changes in executive sentiment or company performance.

Comparison to Industry Standards

• The transaction follows standard SEC reporting requirements for executive equity movements.
• The conversion of Class B to Class A shares is a common mechanism for executives to facilitate liquidity or estate planning in dual-class share structures.

Related Party Transactions

• The reporting person gifted shares to trusts for the benefit of his children, for which his spouse serves as Trustee.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a personal transfer of existing equity.

Next Steps

• None indicated.

Key Dates

Keywords

Datadog, DDOG, Insider Trading, Form 4, CFO, Equity Conversion