Datadog CTO sells 53,912 shares under 10b5-1 plan
Datadog CTO Alexis Le-Quoc exercised options, converted Class B to Class A, and sold 53,912 Class A shares under a Rule 10b5-1 plan.
Rhea-AI Filing Summary
Datadog, Inc. (DDOG) reported that Chief Technology Officer and director Alexis Le-Quoc exercised options and converted Class B shares into Class A Common Stock, then sold shares on September 1, 2026. He exercised stock options for 18,750 shares of Class B Common Stock at an exercise price of $10.74 per share, leaving 131,250 option shares outstanding. He also converted 53,912 shares of Class B Common Stock into an equal number of Class A shares.
On the same date, Le-Quoc sold a total of 53,912 shares of Class A Common Stock in multiple transactions at weighted-average prices ranging from approximately $223.11 to $236.05 per share, pursuant to a Rule 10b5-1 trading plan dated June 13, 2025. Separately, a revocable trust associated with him holds 6,146,835 shares of Class B Common Stock (indirect ownership), each convertible into one share of Class A Common Stock, and 169 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F17 | 18,750 | $0.00 | $0.00 |
| Exercise | Class B Common Stock F1 | 18,750 | $10.74 | $201K |
| Conversion | Class B Common Stock F1 | 53,912 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 43,224 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 10,688 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F3 | 11,367 | $223.586 | $2.54M |
| Sale | Class A Common Stock F2, F4 | 7,604 | $224.6085 | $1.71M |
| Sale | Class A Common Stock F2, F5 | 9,134 | $225.621 | $2.06M |
| Sale | Class A Common Stock F2, F6 | 2,991 | $226.5648 | $678K |
| Sale | Class A Common Stock F2, F7 | 4,177 | $227.7164 | $951K |
| Sale | Class A Common Stock F2, F8 | 5,339 | $228.6274 | $1.22M |
| Sale | Class A Common Stock F2, F9 | 5,500 | $229.6294 | $1.26M |
| Sale | Class A Common Stock F2, F10 | 2,500 | $230.3424 | $576K |
| Sale | Class A Common Stock F2, F11 | 600 | $231.5444 | $139K |
| Sale | Class A Common Stock F2, F12 | 1,100 | $233.2843 | $257K |
| Sale | Class A Common Stock F2, F13 | 1,800 | $234.0889 | $421K |
| Sale | Class A Common Stock F2, F14 | 1,400 | $235.0529 | $329K |
| Sale | Class A Common Stock F2, F15 | 400 | $236.05 | $94K |
| holding | Class B Common Stock F1, F16 | -- | -- | -- |
| holding | Class A Common Stock F16 | -- | -- | -- |
Footnotes (17)
- 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 $223.11 to $224.10. 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 $224.11 to $225.10. 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 $225.12 to $226.11. 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 $226.15 to $227.13. 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 $227.18 to $228.175. 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 $228.18 to $229.13. 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 $229.18 to $230.14. 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 $230.18 to $230.68. 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.
- F11. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $231.35 to $231.89. 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.
- F12. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $232.69 to $233.63. 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.
- F13. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $233.69 to $234.58. 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.
- F14. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $234.84 to $235.78. 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.
- F15. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $236.05 to $236.05. 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.
- F16. Shares are held by the Alexis Le-Quoc Revocable Trust.
- F17. Option is fully vested and exercisable.
Key Figures
Key Terms
Rule 10b5-1 plan regulatory
Class B Common Stock financial
weighted-average sales price financial
Permitted Transfers regulatory
revocable trust financial
FAQ
What did Datadog (DDOG) CTO Alexis Le-Quoc report on this Form 4?
How many Datadog (DDOG) options did Alexis Le-Quoc exercise and at what price?
What Class B to Class A conversions did Alexis Le-Quoc report for Datadog (DDOG)?
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