Datadog (NASDAQ: DDOG) CTO tax-related stock sales and option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. Chief Technology Officer Alexis Le-Quoc reported open-market sales and equity conversions in company stock. He sold a total of 75,418 shares of Class A Common Stock at prices generally between about $251 and $279, under a Rule 10b5-1 trading plan dated June 13, 2025. Footnotes state the issuer required him to sell only the number of shares needed to cover tax withholding on vesting restricted stock units and performance-based restricted stock units.
Alongside the sales, Le-Quoc converted and exercised derivative securities into 91,412 shares of Class A stock, including 18,750 shares from a fully vested stock option with a $10.74 exercise price. After these transactions, he continues to hold 509,805 Class A shares directly and additional Class A and Class B shares indirectly through a revocable trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 75,418 shares ($20,358,003)
Net Sell
34 txns
Insider
Le-Quoc Alexis
Role
Chief Technology Officer
Sold
75,418 shs ($20.36M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 21,506 | $267.1544 | $5.75M |
| Exercise | Stock Option (Right to Buy) | 18,750 | $0.00 | -- |
| Exercise | Class B Common Stock | 18,750 | $10.74 | $201K |
| Conversion | Class B Common Stock | 53,912 | $0.00 | -- |
| Conversion | Class A Common Stock | 43,224 | $0.00 | -- |
| Conversion | Class A Common Stock | 10,688 | $0.00 | -- |
| Sale | Class A Common Stock | 400 | $250.915 | $100K |
| Sale | Class A Common Stock | 600 | $252.34 | $151K |
| Sale | Class A Common Stock | 700 | $253.2586 | $177K |
| Sale | Class A Common Stock | 300 | $254.5767 | $76K |
| Sale | Class A Common Stock | 300 | $255.5667 | $77K |
| Sale | Class A Common Stock | 989 | $257.0589 | $254K |
| Sale | Class A Common Stock | 1,818 | $257.9556 | $469K |
| Sale | Class A Common Stock | 3,119 | $259.0872 | $808K |
| Sale | Class A Common Stock | 1,400 | $259.9529 | $364K |
| Sale | Class A Common Stock | 100 | $261.01 | $26K |
| Sale | Class A Common Stock | 1,600 | $262.89 | $421K |
| Sale | Class A Common Stock | 1,336 | $263.6931 | $352K |
| Sale | Class A Common Stock | 923 | $264.7184 | $244K |
| Sale | Class A Common Stock | 917 | $265.816 | $244K |
| Sale | Class A Common Stock | 715 | $266.976 | $191K |
| Sale | Class A Common Stock | 642 | $267.7827 | $172K |
| Sale | Class A Common Stock | 1,012 | $268.8208 | $272K |
| Sale | Class A Common Stock | 1,559 | $270.3663 | $422K |
| Sale | Class A Common Stock | 929 | $271.4158 | $252K |
| Sale | Class A Common Stock | 3,722 | $272.5616 | $1.01M |
| Sale | Class A Common Stock | 2,593 | $273.4197 | $709K |
| Sale | Class A Common Stock | 1,001 | $274.5828 | $275K |
| Sale | Class A Common Stock | 4,548 | $276.02 | $1.26M |
| Sale | Class A Common Stock | 15,873 | $276.7206 | $4.39M |
| Sale | Class A Common Stock | 6,359 | $277.7704 | $1.77M |
| Sale | Class A Common Stock | 457 | $278.5218 | $127K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 509,805 shares (Direct, null);
Stock Option (Right to Buy) — 187,500 shares (Direct, null);
Class B Common Stock — 2,492,324 shares (Direct, null);
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 $250.74 to $251.44. 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 $251.99 to $252.58. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $253.04 to $253.91. 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 $254.17 to $254.78. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $255.31 to $255.92. 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 $256.54 to $257.53. 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 $257.58 to $258.57. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $258.60 to $259.58. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $259.68 to $260.55. 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 $262.26 to $263.22. 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 $263.26 to $264.13. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $264.32 to $265.09. 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 $265.33 to $266.29. 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 $266.39 to $267.32. 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 $267.44 to $268.22. 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 $268.46 to $269.21. 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 $269.75 to $270.74. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $271.00 to $271.93. 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 $272.01 to $272.99. 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 $273.02 to $273.89. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $274.25 to $274.97. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $275.32 to $276.31. 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 $276.32 to $277.30. 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 $277.36 to $278.29. 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 $278.42 to $278.71. 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. The Reporting Person was required by the Issuer to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units, as well as any related brokerage commission fees. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $267.15 to $268.44. 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. Option is fully vested and exercisable.
Key Figures
Shares sold: 75,418 shares
Representative sale price: $267.1544 per share
Option exercise size: 18,750 shares
+5 more
8 metrics
Shares sold
75,418 shares
Total Class A shares sold in open-market transactions
Representative sale price
$267.1544 per share
One reported weighted-average price for Class A sales
Option exercise size
18,750 shares
Stock option exercised into Class B Common Stock
Option exercise price
$10.74 per share
Exercise price on fully vested stock option
Shares from conversions/exercises
91,412 shares
Class A shares acquired via derivative conversions and exercises
Direct Class A holdings
509,805 shares
Direct Class A Common Stock owned after transactions
Indirect Class B holdings
6,203,835 shares
Class B shares held by revocable trust, convertible 1:1 into Class A
10b5-1 plan date
June 13, 2025
Date of pre-arranged trading plan governing reported sales
Key Terms
Rule 10b5-1 plan, weighted-average sales price, restricted stock units, performance-based restricted stock units, +2 more
6 terms
Rule 10b5-1 plan financial
"Shares sold pursuant to a 10b5-1 plan dated June 13, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold at prices ranging..."
restricted stock units financial
"tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based restricted stock units financial
"tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
revocable trust financial
"Shares are held by the Alexis Le-Quoc Revocable Trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at any time... into one share of Class A Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
What did Datadog (DDOG) CTO Alexis Le-Quoc report in this Form 4?
Alexis Le-Quoc reported multiple transactions in Datadog stock, including open-market sales of 75,418 Class A shares and conversions and exercises that delivered 91,412 Class A shares. The filing also shows substantial remaining direct and indirect holdings after these transactions.
Were Alexis Le-Quoc’s Datadog (DDOG) stock sales pre-planned?
Yes. A footnote states the shares were sold pursuant to a Rule 10b5-1 trading plan dated June 13, 2025. Such plans are pre-arranged trading programs that schedule sales in advance, reducing the significance of short-term market timing by the insider.
What option exercise did Alexis Le-Quoc disclose for Datadog (DDOG)?
He exercised a fully vested stock option covering 18,750 shares at a $10.74 exercise price, receiving Class B Common Stock linked to an equal number of Class A shares. This derivative exercise is part of broader conversions and exercises totaling 91,412 new Class A shares.