Datadog (DDOG) CTO sells 53,912 shares under 10b5-1 trading plan
Rhea-AI Filing Summary
Datadog, Inc.’s Chief Technology Officer Alexis Le-Quoc reported a mix of stock sales and equity conversions. On March 10, 2026, he sold a total of 53,912 shares of Class A Common Stock in multiple open-market transactions under a Rule 10b5-1 trading plan dated June 13, 2025, at weighted-average prices generally between about $121.99 and $128.72 per share.
He also exercised and converted derivative securities covering 91,412 shares, including stock options with a $10.74 exercise price and Class B shares converting into Class A. Following these moves, he holds 456,555 Class A shares directly, plus 6,203,835 Class B shares and 169 Class A shares indirectly through the Alexis Le-Quoc Revocable Trust, with each Class B share convertible into one Class A share and no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| 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 | 4,935 | $122.5421 | $605K |
| Sale | Class A Common Stock | 12,867 | $123.3242 | $1.59M |
| Sale | Class A Common Stock | 7,798 | $124.4747 | $971K |
| Sale | Class A Common Stock | 9,014 | $125.5331 | $1.13M |
| Sale | Class A Common Stock | 2,124 | $126.3056 | $268K |
| Sale | Class A Common Stock | 5,376 | $127.6869 | $686K |
| Sale | Class A Common Stock | 11,798 | $128.5967 | $1.52M |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
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 $121.99 to $122.98. 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 $123.00 to $123.98. 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 $124.00 to $124.96. 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 $126.04 to $127.03. 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 $127.05 to $128.01. 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 $128.13 to $128.72. 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.