Datadog CEO Olivier Pomel Sells $18.6M in Class A Shares Under 10b5-1 Plan

Datadog, Inc. ($DDOG) Form 4 Filing Analysis

Executive Summary

On September 10, 2026, Datadog CEO Olivier Pomel reported transactions executed on September 8, 2026, involving the exercise of stock options, conversion of Class B Common Stock into Class A Common Stock, and the subsequent open-market sale of 89,497 Class A shares for an aggregate total of approximately $18.60 million.

Key Transaction Details

• Options Exercised:
  • 38,118 shares of Class B Common Stock exercised at an exercise price of $0.9092 per share.
  • 35,715 shares of Class B Common Stock exercised at an exercise price of $10.74 per share.
• Conversions: 89,497 shares of Class B Common Stock converted on a 1-to-1 basis into Class A Common Stock.
• Open-Market Sales: 89,497 Class A shares sold across multiple tranches at weighted-average prices ranging from $204.03 to $210.26 per share.
• Plan Details: The transactions were conducted pursuant to a pre-arranged Rule 10b5-1 trading plan established on December 15, 2025.

Post-Transaction Holdings

• Class A Common Stock: 586,416 shares held directly.
• Class B Common Stock: 8,730,525 shares held directly.
• Unexercised Stock Options: 821,753 options remaining across the reported tranches.

Analyst Assessment

While the total transaction value is notable ($18.60M), the trading significance is evaluated as Medium because the sales were conducted strictly under a pre-established Rule 10b5-1 plan, funded in part by option exercises, and the CEO retains a substantial majority stake in the company via his remaining Class A and Class B holdings.