Form 4: Datadog CRO Sells Shares Under 10b5-1 Plan

Datadog's Chief Revenue Officer, Sean Michael Walters, sold 2,924 shares of Class A Common Stock for approximately $150.04 per share under a pre-arranged 10b5-1 plan.

Summary

• Sean Michael Walters, Datadog's Chief Revenue Officer, reported a sale of Class A Common Stock.
• The transaction involved 2,924 shares of Class A Common Stock.
• The shares were sold at a weighted-average price of $150.0427 per share.
• The total value of the transaction is approximately $438,725.
• The sale was executed on October 1, 2025.
• This transaction was conducted pursuant to a Rule 10b5-1 trading plan established on December 10, 2024.
• Following the transaction, Mr. Walters directly beneficially owns 191,957 shares of Class A Common Stock.
• An additional 8 shares are indirectly beneficially owned by his son.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, pre-scheduled insider sale under a 10b5-1 plan, which typically does not indicate a change in company fundamentals or management's outlook.

Future Outlook

No forward-looking statements or guidance are provided in this insider transaction report.

Industry Context

This filing is a routine disclosure of an insider stock transaction and does not provide information directly related to broader industry trends or competitive positioning for Datadog.

Related Party Transactions

• An indirect beneficial ownership of 8 shares by the Reporting Person's son is noted, but the reported transaction itself is not a related party transaction.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, pre-scheduled insider sale under a 10b5-1 plan and does not typically signal a change in company prospects.
• Employees, Customers, Suppliers, Creditors: No direct impact from this insider transaction disclosure.

Key Dates

Recommendation

The reported sale by Datadog's Chief Revenue Officer was executed under a pre-arranged 10b5-1 trading plan, indicating a non-discretionary transaction. Such routine insider sales, especially when pre-scheduled, are generally not considered a significant indicator for investment decisions and do not typically warrant a change in investment posture. The transaction size is also not exceptionally large relative to the company's overall market capitalization or the officer's remaining holdings.

Keywords

Datadog, DDOG, insider trading, Form 4, stock sale, 10b5-1 plan, Sean Michael Walters, Chief Revenue Officer