Datadog CTO sells 32,418 shares after conversion
Datadog, Inc. Chief Technology Officer Alexis Le-Quoc converted 32,418 shares of Class B Common Stock into Class A Common Stock, then sold 32,418 Class A shares in multiple open-market transactions on March 23, 2026.
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Rhea-AI Filing Summary
Datadog, Inc. Chief Technology Officer Alexis Le-Quoc converted 32,418 shares of Class B Common Stock into Class A Common Stock, then sold 32,418 Class A shares in multiple open-market transactions on March 23, 2026.
The shares were sold at weighted-average prices ranging from about $124.72 to $130.05 per share under a pre-arranged Rule 10b5-1 trading plan dated June 13, 2025. Following the sales, Le-Quoc directly holds 451,823 Class A shares and has indirect ownership, through the Alexis Le-Quoc Revocable Trust, of 6,203,835 Class B shares that are convertible into an equal number of Class A shares.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 32,418 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 32,418 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 400 | $124.72 | $50K |
| Sale | Class A Common Stock | 11,306 | $125.668 | $1.42M |
| Sale | Class A Common Stock | 1,760 | $127.3276 | $224K |
| Sale | Class A Common Stock | 4,386 | $128.1773 | $562K |
| Sale | Class A Common Stock | 12,259 | $129.246 | $1.58M |
| Sale | Class A Common Stock | 2,307 | $130.0469 | $300K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (9)
- 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 $124.50 to $124.95. 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 $125.66 to $126.35. 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 $126.72 to $127.71. 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.
- F6. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $127.72 to $128.63. 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.
- F7. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $128.74 to $129.71. 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.
- F8. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $129.78 to $130.57. 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.
- F9. Shares are held by the Alexis Le-Quoc Revocable Trust.
FAQ
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What insider transaction did Datadog (DDOG) report for CTO Alexis Le-Quoc?
Was the Datadog (DDOG) CTO stock sale made under a 10b5-1 plan?
Does this Datadog (DDOG) Form 4 show remaining derivative positions for the CTO?
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