Datadog (NASDAQ: DDOG) CTO sells 32,418 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. Chief Technology Officer Alexis Le-Quoc converted 32,418 shares of Class B Common Stock into Class A Common Stock, then sold 32,418 Class A shares in multiple open-market transactions on March 23, 2026.
The shares were sold at weighted-average prices ranging from about $124.72 to $130.05 per share under a pre-arranged Rule 10b5-1 trading plan dated June 13, 2025. Following the sales, Le-Quoc directly holds 451,823 Class A shares and has indirect ownership, through the Alexis Le-Quoc Revocable Trust, of 6,203,835 Class B shares that are convertible into an equal number of Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 32,418 shares ($4,141,418)
Net Sell
10 txns
Insider
Le-Quoc Alexis
Role
Chief Technology Officer
Sold
32,418 shs ($4.14M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 32,418 | $0.00 | -- |
| Conversion | Class A Common Stock | 32,418 | $0.00 | -- |
| Sale | Class A Common Stock | 400 | $124.72 | $50K |
| Sale | Class A Common Stock | 11,306 | $125.668 | $1.42M |
| Sale | Class A Common Stock | 1,760 | $127.3276 | $224K |
| Sale | Class A Common Stock | 4,386 | $128.1773 | $562K |
| Sale | Class A Common Stock | 12,259 | $129.246 | $1.58M |
| Sale | Class A Common Stock | 2,307 | $130.0469 | $300K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 2,608,734 shares (Direct);
Class A Common Stock — 469,675 shares (Direct);
Class B Common Stock — 6,203,835 shares (Indirect, By Trust);
Class A Common Stock — 169 shares (Indirect, By Trust)
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 $124.50 to $124.95. 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 $125.66 to $126.35. 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 $126.72 to $127.71. 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 $127.72 to $128.63. 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 $128.74 to $129.71. 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 $129.78 to $130.57. 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.
FAQ
What insider transaction did Datadog (DDOG) report for CTO Alexis Le-Quoc?
Datadog reported that CTO Alexis Le-Quoc converted 32,418 Class B shares into Class A, then sold 32,418 Class A shares in open-market trades on March 23, 2026 under a Rule 10b5-1 trading plan.
Was the Datadog (DDOG) CTO stock sale made under a 10b5-1 plan?
Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan dated June 13, 2025, indicating the trades were pre-arranged rather than discretionary, which can make the timing less informative about the insider’s short-term view.
Does this Datadog (DDOG) Form 4 show remaining derivative positions for the CTO?
Yes. The derivative holdings section shows an indirect position of 6,203,835 Class B shares held via trust, with each Class B share convertible into one Class A share at an exercise price of $0.00 and no stated expiration date in the summary.