Datadog (DDOG) CRO Walters sells $1.6m in shares

Published 04/12/2025, 23:42
Datadog (DDOG) CRO Walters sells $1.6m in shares

Datadog Inc. NASDAQ:DDOG Chief Revenue Officer Sean Michael Walters sold 10,530 shares of Class A Common Stock on December 2, 2025, for $158.5985, totaling approximately $1.6 million. The transaction occurred with Datadog shares trading near $153, slightly above the InvestingPro Fair Value estimate, with the company maintaining a strong financial health rating.

Following the transaction, Walters directly owns 181,492 shares of Datadog. This number includes 65 shares acquired on November 14, 2025, under the company’s Employee Stock Purchase Plan.

The sale was mandated by Datadog to cover tax obligations and brokerage commissions arising from the vesting of restricted stock units and performance-based restricted stock units. The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission.

The signature on the report was from Kerry Acocella, Attorney-in-Fact.

In other recent news, Datadog, Inc. has announced a strategic collaboration agreement with Amazon Web Services (AWS) to enhance cloud monitoring, optimization, and security capabilities. This partnership was unveiled at the AWS re:Invent conference and marks an extension of their long-standing relationship. Additionally, Datadog launched Bits AI SRE, an artificial intelligence agent aimed at accelerating incident resolution by autonomously investigating alerts and identifying root causes of technical issues. The AI agent provides actionable insights quickly, aiming to reduce business disruptions during system outages.

In further developments, Datadog introduced a Storage Management product to help organizations optimize their cloud storage costs, initially available for Amazon S3 with previews for other cloud services. The company also appointed John Trapani as Field CTO for Financial Services, a role focused on developing observability strategies for financial sector clients. On the financial front, Truist Securities raised its price target for Datadog to $195, citing strong third-quarter results and overall robust financial performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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