Datadog Director Sells Shares Worth $5.2 Million
Amit Agarwal, a director at Datadog (NASDAQ: DDOG), sold 20,000 shares of Class A Common Stock on July 16, 2026, for approximately $5.2 million. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan established in March 2026 and involved the exercise of stock options followed by an immediate sale. This disposal reduced Agarwal's total equity stake in Datadog by about 35%, leaving him with combined holdings of 37,252 shares. The remaining indirect holdings are managed through family trusts. Despite this transaction, he still holds a significant number of derivative securities indirectly via the same trust. The sale occurred during a period when Datadog's stock had delivered an impressive 88% return over the previous year and was trading at $261.53 per share on average for the transaction.
Tickers: $DDOG
Topics: insider trading Rule 10b5-1 stock options