Datadog CEO Olivier Pomel sold approximately 127,000 shares of Class A Common Stock on July 13, 2026, realizing proceeds of about $32.9 million at a weighted average price of $259.00 per share. The transaction, executed under a Rule 10b5-1 trading plan adopted on December 15, 2025, involved the exercise and immediate sale of 127,141 fully vested stock options, resulting in a 17% reduction in Pomel’s direct equity holdings. Following the sale, Pomel retains approximately 613,000 directly held shares and around 9.0 million derivative securities, maintaining significant exposure to the company. The sale occurred after Datadog’s stock delivered an 89% one-year total return and reached all-time highs, with the company reporting its first $1 billion revenue quarter in the first quarter of 2026.
Datadog IncCEO sold 127k shares, reducing direct holdings by 17%, signaling insider selling.