This is a routine, pre-planned sale by a non-executive director and not indicative of negative sentiment. Given the small size relative to market cap and the use of a 10b5-1 plan, traders should not interpret this as a bearish signal. Monitor for any follow-up Form 4 filings to confirm execution.
Price Chart
Executive Summary
Amit Agarwal, a director at Datadog, has filed a Form 144 to sell up to 20,000 shares, valued at approximately $2.36 million based on current market prices. The shares were acquired through previously exercised stock options and are being sold under a 10b5-1 plan, indicating a prearranged strategy not based on material non-public information.
Key Facts
- Reporting owner: Amit Agarwal, Director at Datadog
- Number of shares proposed for sale: 20,000 Class A Common shares
- Approximate dollar value: $2,361,000 (based on $118.05/share)
- Shares acquired via exercise of stock options between April 7, 2021, and July 14, 2021
- Sales are being conducted under a 10b5-1 plan for the AGARWAL 2018 FAMILY TRUST and other non-exempt trusts
- Recent insider activity shows small prior sales totaling $225K in the last 30 days
Financial Impact
$2.36 million in planned insider sales (0.005% of market cap)
Risk Factors
- Perception risk if multiple insiders begin selling in coordination
- Potential downward pressure if the full 20,000 shares are sold rapidly
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-003158 |
| Document: 0001950047-26-003158-index.html | 0001950047-26-003158 |
| Document: 0001950047-26-003158.txt | 0001950047-26-003158 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | Insider Cluster | $230.27 $230.79 | ▲ +0.23% | ▲ +0.67% | $279.52 (+21.39%) |
Sep 10, 2026 22d ago | Insider Cluster | $221.72 $221.21 | ▲ +0.23% | ▲ +1.08% | $279.52 (−26.07%) |
Sep 9, 2026 23d ago | Insider Cluster | $225.27 $221.72 | ▲ +1.58% | ▲ +0.98% | $279.52 (−24.08%) |
Sep 4, 2026 28d ago | Insider Cluster | $212.93 $210.23 | ▲ +1.27% | ▲ +0.72% | $279.52 (−31.27%) |
Sep 3, 2026 29d ago | Insider Cluster | $214.76 $212.93 | ▼ −0.85% | ▼ −0.47% | $279.52 (+30.15%) |
Aug 26, 2026 5w ago | Insider Cluster | $222.87 awaiting T+1 | awaiting T+1 | — | $279.52 (+25.42%) |
Aug 21, 2026 6w ago | Insider Cluster | $235.62 $225.77 | ▼ −4.18% | ▼ −3.89% | $279.52 (+18.63%) |
Aug 17, 2026 6w ago | Insider Cluster | $247.32 $246.00 | ▼ −0.53% | ▲ +0.14% | $279.52 (+13.02%) |
Aug 12, 2026 7w ago | Insider Cluster | $240.91 $252.24 | ▲ +4.70% | ▲ +4.01% | $279.52 (+16.02%) |
Aug 10, 2026 7w ago | Insider Cluster | $246.78 $240.91 | ▼ −2.38% | ▼ −2.63% | $279.52 (+13.26%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access