Sean Michael Walters, Chief Revenue Officer of Datadog, Inc. (NASDAQ:DDOG), filed a Form 4 on September 15, 2026, disclosing the sale of 11,710 shares of Class A Common Stock on September 11, 2026, pursuant to a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Total shares sold: 11,710 shares of Class A Common Stock disposed of across five transactions on September 11, 2026.
  • Price range: Weighted-average sale prices ranged from $219.6846 to $224.4533 per share across the five tranches.
  • 10b5-1 plan: All sales were executed pursuant to a Rule 10b5-1 plan dated December 12, 2025, according to the filing.
  • Remaining direct ownership: Following the transactions, Walters directly held 233,135 shares of Class A Common Stock.
  • Indirect holdings: The filing also notes 8 shares of Class A Common Stock held indirectly by son.

Datadog CRO Sean Walters Executes Planned Share Sales on September 11, 2026

According to the Form 4 filed with the SEC, Sean Michael Walters, identified as Chief Revenue Officer of Datadog, Inc., sold a total of 11,710 shares of Class A Common Stock on September 11, 2026. The sales were carried out in five separate tranches, each reported with a weighted-average price: 800 shares at $219.6846, 5,824 shares at $220.6722, 4,286 shares at $221.4015, 500 shares at $222.3125, and 300 shares at $224.4533.

The filing discloses that all shares were sold pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), specifically a plan dated December 12, 2025. The prices reported for each tranche are weighted averages; the filing states that full information regarding the number of shares sold at each separate price will be provided upon request to the SEC, the issuer, or a security holder of the issuer.

Prior to the first reported transaction on September 11, 2026, Walters held 244,845 shares directly, calculated from the post-transaction totals disclosed in the filing. After all five sales, his direct beneficial ownership stood at 233,135 shares. The filing also reflects 8 shares of Class A Common Stock held indirectly by his son. No derivative securities transactions were reported.

What Was Disclosed

The filing reports the disposal of 11,710 shares of Datadog Class A Common Stock by Chief Revenue Officer Sean Michael Walters on September 11, 2026, under a pre-established 10b5-1 plan, with post-transaction direct ownership of 233,135 shares.