Datadog technology chief sells 43,224 shares
The sales were made under a Rule 10b5-1 plan dated June 13, 2025, and the reported holdings include shares held by a revocable trust.
Rhea-AI Filing Summary
Datadog, Inc. Chief Technology Officer Alexis Le-Quoc converted 43,224 Class B shares into 43,224 Class A shares on September 23, 2026, and sold 43,224 Class A shares that day. The eight reported sale tranches had weighted-average prices ranging from $249.2082 to $256.1465 per share and were made under a Rule 10b5-1 plan dated June 13, 2025. After the conversion, he directly held 2,160,030 Class B shares; the Alexis Le-Quoc Revocable Trust held 6,146,835 Class B shares and 169 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1 | 43,224 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 43,224 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F3 | 645 | $249.2082 | $161K |
| Sale | Class A Common Stock F2, F4 | 1,372 | $250.5526 | $344K |
| Sale | Class A Common Stock F2, F5 | 22,007 | $251.4458 | $5.53M |
| Sale | Class A Common Stock F2, F6 | 9,633 | $252.3567 | $2.43M |
| Sale | Class A Common Stock F2, F7 | 5,347 | $253.3223 | $1.35M |
| Sale | Class A Common Stock F2, F8 | 2,000 | $254.3497 | $509K |
| Sale | Class A Common Stock F2, F9 | 1,600 | $255.5912 | $409K |
| Sale | Class A Common Stock F2, F10 | 620 | $256.1465 | $159K |
| holding | Class B Common Stock F1, F11 | -- | -- | -- |
| holding | Class A Common Stock F11 | -- | -- | -- |
Footnotes (11)
- F1. 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.
- F2. Shares sold pursuant to a 10b5-1 plan dated June 13, 2025.
- F3. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $248.85 to $249.74. 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.
- F4. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $249.89 to $250.86. 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.
- F5. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $250.91 to $251.90. 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.
- F6. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $251.92 to $252.88. 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.
- F7. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $252.92 to $253.89. 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.
- F8. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $254.00 to $254.90. 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.
- F9. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $255.06 to $255.97. 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.
- F10. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $256.08 to $256.39. 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.
- F11. Shares are held by the Alexis Le-Quoc Revocable Trust.
Key Figures
Key Terms
10b5-1 plan regulatory
weighted-average sales price financial
Permitted Transfers regulatory
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