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

Datadog Director Shardul Shah sold 7,916 shares of Class A Common Stock on December 12, 2025, through a pre-arranged 10b5-1 plan.

Summary

• Shardul Shah, a Director of Datadog, Inc. (DDOG), reported the sale of Class A Common Stock.
• The transactions occurred on December 12, 2025.
• A total of 7,916 shares of Class A Common Stock were sold across multiple transactions.
• The sales were executed pursuant to a Rule 10b5-1 plan established on June 13, 2025.
• Weighted-average sales prices ranged from $145.658 to $150.1 per share.
• Following these transactions, Shardul Shah beneficially owns 350,723 shares of Class A Common Stock, comprising 348,617 shares indirectly held by the 2019 Shah Family Trust and 2,106 shares held directly.
• The Reporting Person disclaims Section 16 beneficial ownership of the shares held by the trust, except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The transaction is a pre-scheduled sale under a Rule 10b5-1 plan, which typically indicates a planned diversification or liquidity event rather than a reaction to new company-specific information.

Future Outlook

NA

Industry Context

NA

Key Dates

Recommendation

The reported transaction is a pre-scheduled sale of shares by a director under a Rule 10b5-1 plan. Such sales are often for personal financial planning, diversification, or tax purposes and are not typically indicative of a change in the company's fundamental outlook or a signal to alter an investment position. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals and market conditions rather than this specific insider transaction.

Keywords

Datadog, DDOG, Insider Trading, Form 4, Shardul Shah, Stock Sale, 10b5-1 Plan, Director