Datadog (DDOG) CTO exercises options, sells Class A shares in plan
Rhea-AI Filing Summary
Datadog, Inc. director and Chief Technology Officer Alexis Le-Quoc reported option exercises, share conversions, and sales of Class A stock. On January 5, 2026, he exercised 18,750 stock options with a $10.74 exercise price, receiving Class B common shares that are convertible into Class A on a one-for-one basis. He then converted a total of 43,106 Class B shares into Class A and sold 43,106 Class A shares in multiple trades at weighted-average prices between about $133.25 and $135.60 under a Rule 10b5‑1 trading plan dated June 13, 2025. After these transactions, he directly held 301,458 Class A shares and 2,642,200 Class B shares, with an additional 169 Class A and 6,203,835 Class B shares held indirectly by the Alexis Le-Quoc Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 18,750 | $0.00 | -- |
| Exercise | Class B Common Stock | 18,750 | $10.74 | $201K |
| Conversion | Class B Common Stock | 10,688 | $0.00 | -- |
| Conversion | Class B Common Stock | 32,418 | $0.00 | -- |
| Conversion | Class A Common Stock | 10,688 | $0.00 | -- |
| Conversion | Class A Common Stock | 32,418 | $0.00 | -- |
| Sale | Class A Common Stock | 13,869 | $133.2475 | $1.85M |
| Sale | Class A Common Stock | 20,011 | $133.8479 | $2.68M |
| Sale | Class A Common Stock | 9,126 | $135.1124 | $1.23M |
| Sale | Class A Common Stock | 100 | $135.60 | $14K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the earliest of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation, (ii) the death of the Reporting Person in the case of shares held directly or in a trustee capacity, and (iii) the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock. Shares sold pursuant to a 10b5-1 plan dated June 13, 2025. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $132.54 to $133.53. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $133.54 to $134.51. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $134.57 to $135.54. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. Shares are held by the Alexis Le-Quoc Revocable Trust. Option is fully vested and exercisable.
FAQ
What insider activity did Datadog (DDOG) report for Alexis Le-Quoc on January 5, 2026?
The filing shows that Alexis Le-Quoc, Datadog's director and Chief Technology Officer, exercised 18,750 stock options, converted 43,106 Class B shares into Class A, and then sold 43,106 Class A shares in several market transactions on January 5, 2026.
What is the relationship between Datadog’s Class B and Class A common stock in this filing?
Each Class B share is convertible into one Class A share at any time at the option of the reporting person. Class B shares also automatically convert into Class A upon certain events, including transfers (with limited exceptions), the reporting person’s death for certain holdings, or the tenth anniversary of Datadog’s initial public offering.