Datadog CEO Olivier Pomel Executes $5.61M Sell-to-Cover Tax Transaction
Datadog, Inc.
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Filing Summary
# Datadog, Inc. ($DDOG) - Form 4 Insider Filing
**Insider:** Pomel Olivier (Chief Executive Officer, Director)
**Filing Date:** 2026-09-04 | **Transaction Date:** 2026-09-02
### Transaction Summary
- **Action:** Sale (Mandatory Sell-to-Cover)
- **Shares Sold:** 26,331
- **Price:** $212.90
- **Total Value:** $5,605,977.86
- **Post-Transaction Holdings:** 586,416 shares (Direct)
### Context
- Required sell-to-cover transaction to satisfy tax withholding obligations upon RSU/PSU vesting.
- Significance: Low (Non-discretionary transaction)
Comprehensive Analysis
Executive Summary
On September 4, 2026, Datadog, Inc. ($DDOG) Chief Executive Officer and Director Olivier Pomel filed a Form 4 reporting the disposition of 26,331 shares of Class A Common Stock on September 2, 2026. The transaction was executed at a weighted-average price of $212.9041 per share, representing an aggregate transaction value of approximately $5.61 million.
Transaction Details & Nature
- Security: Class A Common Stock
- Transaction Code:
S(Open Market Sale) - Mandatory Tax Sale: As disclosed in the footnotes, the sale was mandated by the issuer to cover applicable statutory tax withholding obligations and associated fees triggered by the vesting of restricted stock units (RSUs) and performance-based restricted stock units (PSUs).
- Remaining Direct Ownership: Following this transaction, Olivier Pomel continues to hold 586,416 shares of Class A Common Stock directly.
Trading Significance
This filing carries Low informational significance for investors regarding management sentiment. Because the transaction was an automated, non-discretionary "sell-to-cover" execution solely to fulfill tax withholding liabilities resulting from equity vesting, it does not reflect a change in executive conviction or an active decision to reduce equity exposure.
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