Datadog, Inc. (DDOG) CTO sells 53,912 shares and exercises equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. director and Chief Technology Officer Alexis Le-Quoc reported a mix of option activity and stock sales. He exercised or converted derivative positions into 91,412 shares of Class A Common Stock and sold 53,912 Class A shares in open-market transactions at weighted-average prices around $251–$261 per share pursuant to a Rule 10b5-1 trading plan. He also continues to hold a large indirect position of Class B Common Stock through a revocable trust, convertible into an equal number of Class A shares.
Positive
- None.
Negative
- None.
Insights
CTO exercised stock awards and sold shares under a pre-set plan while retaining a large stake.
Alexis Le-Quoc, Datadog’s Chief Technology Officer, reported exercising or converting derivative securities into 91,412 shares of Class A Common Stock and selling 53,912 Class A shares in open-market transactions. The sales occurred at weighted-average prices generally between $251 and $261.46 per share.
The filing notes that the sales were made under a Rule 10b5-1 trading plan dated June 13, 2025, indicating they were pre-arranged rather than discretionary timing decisions. He also retains a substantial indirect holding of Class B Common Stock through the Alexis Le-Quoc Revocable Trust, with 6,146,835 Class B shares convertible into an equal number of Class A shares and no stated expiration, reflecting significant continuing equity exposure.
Insider Trade Summary 10b5-1
Net Seller: 53,912 shares ($13,868,384)
Net Sell
18 txns
Insider
Le-Quoc Alexis
Role
Chief Technology Officer
Sold
53,912 shs ($13.87M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| 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 | 401 | $251.462 | $101K |
| Sale | Class A Common Stock | 1,299 | $253.0506 | $329K |
| Sale | Class A Common Stock | 6,929 | $253.9755 | $1.76M |
| Sale | Class A Common Stock | 8,448 | $254.9491 | $2.15M |
| Sale | Class A Common Stock | 7,896 | $255.8766 | $2.02M |
| Sale | Class A Common Stock | 6,758 | $256.966 | $1.74M |
| Sale | Class A Common Stock | 3,673 | $257.9016 | $947K |
| Sale | Class A Common Stock | 2,693 | $258.9089 | $697K |
| Sale | Class A Common Stock | 3,888 | $259.7814 | $1.01M |
| Sale | Class A Common Stock | 11,827 | $261.0603 | $3.09M |
| Sale | Class A Common Stock | 100 | $261.46 | $26K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 168,750 shares (Direct, null);
Class B Common Stock — 2,413,938 shares (Direct, null);
Class A Common Stock — 553,029 shares (Direct, null);
Class B Common Stock — 6,146,835 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 $251.29 to $252.28. 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 $252.31 to $253.29. 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 $253.39 to $254.38. 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 $254.39 to $255.38. 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 $255.41 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $256.42 to $257.41. 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 $257.42 to $258.39. 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $258.42 to $259.41. 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 $259.43 to $260.33. 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 $260.46 to $261.39. 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. Shares are held by the Alexis Le-Quoc Revocable Trust. Option is fully vested and exercisable.
Key Figures
Shares sold: 53,912 shares of Class A Common Stock
Shares from exercises/conversions: 91,412 shares of Class A Common Stock
Sale price high: $261.46 per share
+2 more
5 metrics
Shares sold
53,912 shares of Class A Common Stock
Total open-market or private sales reported in transactionSummary
Shares from exercises/conversions
91,412 shares of Class A Common Stock
Total shares acquired via derivative exercises or conversions in transactionSummary
Sale price high
$261.46 per share
Highest reported weighted-average sale price on Class A share sales
Stock option exercise price
$10.74 per share
Exercise price on 18,750-share stock option reported with code M
Indirect Class B holdings
6,146,835 shares of Class B Common Stock
Indirectly held through Alexis Le-Quoc Revocable Trust, convertible into Class A
Key Terms
Rule 10b5-1 plan, weighted-average sales price, Class B Common Stock, Permitted Transfers, +1 more
5 terms
Rule 10b5-1 plan regulatory
"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"
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at any time"
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.
Permitted Transfers regulatory
"except for certain "Permitted Transfers" as defined in the Issuer's"
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.
FAQ
What did Datadog (DDOG) CTO Alexis Le-Quoc report in this Form 4?
Alexis Le-Quoc reported exercising or converting derivative securities into 91,412 Class A shares and selling 53,912 Class A shares in open-market transactions. The sales were executed under a pre-arranged Rule 10b5-1 trading plan.
What derivative exercises did the Datadog (DDOG) CTO report?
He reported exercises and conversions totaling 91,412 Class A shares, including exercising 18,750 stock options with a $10.74 exercise price and converting 53,912 Class B shares and other derivative positions into Class A stock.
What Datadog (DDOG) holdings does the CTO retain through a trust?
Through the Alexis Le-Quoc Revocable Trust, he indirectly holds 6,146,835 shares of Class B Common Stock. Each Class B share is convertible into one Class A share and generally has no expiration, maintaining significant ongoing ownership.