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.
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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.
How many Datadog Class A shares did Alexis Le-Quoc sell and at what prices?
He sold a total of 43,106 Class A shares in four main blocks: 13,869 shares at $133.2475, 20,011 shares at $133.8479, 9,126 shares at $135.1124, and 100 shares at $135.60, with several prices reported as weighted averages over ranges.
What were Alexis Le-Quoc’s Datadog share holdings after these reported transactions?
After the transactions, he directly owned 301,458 Class A shares and 2,642,200 Class B shares. In addition, the Alexis Le-Quoc Revocable Trust held 169 Class A shares and 6,203,835 Class B shares indirectly.
Were the Datadog (DDOG) share sales by Alexis Le-Quoc under a Rule 10b5-1 plan?
Yes. A footnote states that the shares were sold pursuant to a Rule 10b5‑1 trading plan dated June 13, 2025, which is a pre-arranged plan for trading company stock.
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.
Which Datadog shares are held through the Alexis Le-Quoc Revocable Trust?
The filing notes that the Alexis Le-Quoc Revocable Trust holds 169 Class A shares and 6,203,835 Class B shares indirectly, as disclosed in the trust-related footnote.