Datadog CFO David M. Obstler Sells 75,000 Shares Under 10b5-1 Plan
2026-06-10SEC Filing 4 (0001561550-26-000192)
David M. Obstler, Chief Financial Officer of Datadog, Inc., sold 75,000 shares of Class A Common Stock on June 8, 2026, pursuant to a pre-arranged 10b5-1 trading plan dated March 9, 2026. The sales were executed in nine separate transactions at weighted-average prices ranging from $229.29 to $239.13 per share, with the shares sold at actual prices between $228.75 and $239.55. Following these transactions, Obstler's remaining holdings decreased to 434,591 shares. The filing indicates these were planned sales under Rule 10b5-1, which allows corporate insiders to establish predetermined trading plans to avoid allegations of trading on material non-public information.