Datadog (DDOG) CTO Le-Quoc sells 43K shares, converts Class B to A
Rhea-AI Filing Summary
Datadog, Inc. Chief Technology Officer Alexis Le-Quoc reported insider trades involving both sales and conversions of company stock. On June 22, 2026, he completed open-market sales totaling 43,224 shares of Class A Common Stock at weighted-average prices generally between about $216.57 and $227.80, executed under a Rule 10b5-1 trading plan dated June 13, 2025.
On the same date, he reported the conversion of 43,224 shares of Class B Common Stock into Class A Common Stock. After these transactions, he directly holds 553,029 shares of Class A Common Stock. Indirectly, through the Alexis Le-Quoc Revocable Trust, he holds 169 shares of Class A Common Stock and 6,146,835 shares of Class B Common Stock, which are convertible into Class A on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 43,224 | $0.00 | -- |
| Conversion | Class A Common Stock | 43,224 | $0.00 | -- |
| Sale | Class A Common Stock | 2,800 | $217.1258 | $608K |
| Sale | Class A Common Stock | 3,300 | $218.1417 | $720K |
| Sale | Class A Common Stock | 7,903 | $219.1029 | $1.73M |
| Sale | Class A Common Stock | 2,977 | $220.1371 | $655K |
| Sale | Class A Common Stock | 14,844 | $221.2817 | $3.28M |
| Sale | Class A Common Stock | 4,076 | $222.1186 | $905K |
| Sale | Class A Common Stock | 2,124 | $223.0964 | $474K |
| Sale | Class A Common Stock | 1,600 | $224.1378 | $359K |
| Sale | Class A Common Stock | 1,400 | $225.3077 | $315K |
| Sale | Class A Common Stock | 1,700 | $226.4137 | $385K |
| Sale | Class A Common Stock | 500 | $227.412 | $114K |
| 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 $216.57 to $217.54. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $217.5950 to $218.59. 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 $218.62 to $219.61. 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 $219.63 to $220.60. 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 $220.63 to $221.61. 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 $221.63 to $222.60. 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 $222.63 to $223.55. 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 $223.69 to $224.68. 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 $224.74 to $225.73. 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 $225.85 to $226.77. 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 $227.00 to $227.80. 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.