Walters Sean Michael 4
4 · Datadog, Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Datadog (DDOG) CRO Sean Walters Sells $2.81M in Shares
What Happened
Sean Michael Walters, Datadog's Chief Revenue Officer, sold a total of 22,330 shares of DDOG in open-market transactions on March 11, 2026, for aggregate proceeds of approximately $2,806,478. The four reported sale blocks were:
- 10,971 shares at $124.98 — $1,371,198
- 7,005 shares at $125.98 — $882,507
- 3,769 shares at $126.87 — $478,169
- 585 shares at $127.53 — $74,604
These were sales (S) — not purchases — and therefore typically viewed as routine insider selling rather than a bullish purchase signal.
Key Details
- Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (appears timely).
- Total shares sold: 22,330 for approx. $2.81M.
- Footnotes: Sales were made pursuant to a 10b5-1 trading plan dated December 10, 2024. Reported prices are weighted averages; individual price ranges for each block were: $124.35–$125.28, $125.49–$126.48, $126.49–$127.42, and $127.49–$127.58. The filer can provide the exact per-share breakdown on request.
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
- Transaction code: S = Sale.
Context
The sales were executed under a pre-arranged 10b5-1 plan, which often means the trades were scheduled in advance and are considered routine. No options were exercised and no gifts or tax-withholding items were reported in the provided details. For investors, purchases typically carry more informational weight than scheduled sales; these transactions primarily document insider liquidity.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-11$124.98/sh−10,971$1,371,198→ 249,743 total - Sale
Class A Common Stock
[F1][F3]2026-03-11$125.98/sh−7,005$882,507→ 242,738 total - Sale
Class A Common Stock
[F1][F4]2026-03-11$126.87/sh−3,769$478,169→ 238,969 total - Sale
Class A Common Stock
[F1][F5]2026-03-11$127.53/sh−585$74,604→ 238,384 total
- 8(indirect: By Son)
Class A Common Stock
Footnotes (5)
- [F1]Shares sold pursuant to a 10b5-1 plan dated December 10, 2024.
- [F2]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $124.35 to $125.28. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F3]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $125.49 to $126.48. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F4]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $126.49 to $127.42. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F5]Price reported is a weighted-average sales price. The shares were sold at prices ranging from $127.49 to $127.58. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.