Form 4: Datadog Director Sells Shares Under Pre-Arranged Plan

Datadog Director Shardul Shah sold 7,916 Class A Common Stock shares on November 13, 2025, through a pre-arranged 10b5-1 trading plan.

Summary

• Shardul Shah, a Director of Datadog, Inc. (DDOG), reported the sale of 7,916 shares of Class A Common Stock.
• The transactions occurred on November 13, 2025, and were executed pursuant to a Rule 10b5-1 trading plan dated June 14, 2024.
• The shares were sold in multiple transactions at weighted-average prices ranging from $186.2865 to $190.0067 per share.
• Following these transactions, Shardul Shah beneficially owns 356,533 shares indirectly through the 2019 Shah Family Trust, for which he is Trustee, and 2,106 shares directly.
• The Reporting Person disclaims Section 16 beneficial ownership of the shares held by the Trust, except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: The filing reports a routine insider sale executed under a pre-arranged 10b5-1 plan, which is generally considered neutral as it is not typically based on new material non-public information.

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, pre-planned insider transaction for diversification or liquidity purposes, not typically indicative of a change in company fundamentals.

Key Dates

Recommendation

The reported sale by a director is a pre-planned transaction under a Rule 10b5-1 plan, established well in advance of the sale date. Such routine sales are common for personal financial planning, diversification, or liquidity and do not typically signal a change in the company's fundamental outlook or warrant a shift in investment recommendation based solely on this filing.

Keywords

Datadog, DDOG, Form 4, Insider Sale, Shardul Shah, 10b5-1 Plan, Class A Common Stock