Datadog (NASDAQ: DDOG) CTO sells 53,912 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. Chief Technology Officer Alexis Le-Quoc reported a mix of stock sales and equity conversions. On May 4–5, 2026, he sold a total of 53,912 shares of Class A Common Stock in open-market transactions at prices around $140–$150 per share, pursuant to a Rule 10b5-1 trading plan dated June 13, 2025.
Over the same period, he acquired 91,412 shares through conversions and exercises of derivative securities, including exercising 18,750 stock options at a $10.74 exercise price and converting Class B into Class A shares. Following these transactions, he directly holds 531,311 Class A shares and, through the Alexis Le-Quoc Revocable Trust, indirectly holds 6,203,835 Class B shares that are convertible into Class A on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 53,912 shares ($7,868,434)
Net Sell
19 txns
Insider
Le-Quoc Alexis
Role
Chief Technology Officer
Sold
53,912 shs ($7.87M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 10,806 | $0.00 | -- |
| Conversion | Class A Common Stock | 10,806 | $0.00 | -- |
| Sale | Class A Common Stock | 10,806 | $150.00 | $1.62M |
| 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 | 10,688 | $0.00 | -- |
| Conversion | Class B Common Stock | 32,418 | $0.00 | -- |
| Conversion | Class A Common Stock | 10,688 | $0.00 | -- |
| Conversion | Class A Common Stock | 32,418 | $0.00 | -- |
| Sale | Class A Common Stock | 2,044 | $140.3373 | $287K |
| Sale | Class A Common Stock | 1,956 | $141.2317 | $276K |
| Sale | Class A Common Stock | 2,800 | $142.384 | $399K |
| Sale | Class A Common Stock | 2,700 | $143.4552 | $387K |
| Sale | Class A Common Stock | 5,634 | $144.3645 | $813K |
| Sale | Class A Common Stock | 10,898 | $145.2715 | $1.58M |
| Sale | Class A Common Stock | 14,824 | $146.4689 | $2.17M |
| Sale | Class A Common Stock | 2,250 | $146.9591 | $331K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 2,516,798 shares (Direct, null);
Class A Common Stock — 542,117 shares (Direct, null);
Stock Option (Right to Buy) — 206,250 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 $139.75 to $140.73. 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 $140.75 to $141.70. 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 $141.83 to $142.80. 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 $142.83 to $143.82. 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 $143.83 to $144.82. 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 $144.83 to $145.82. 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 $145.83 to $146.82. 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 $146.83 to $147.25. 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
Net shares sold: 53,912 Class A shares
Shares acquired via derivatives: 91,412 shares
Single-day sale May 5, 2026: 10,806 Class A shares at $150.00
+5 more
8 metrics
Net shares sold
53,912 Class A shares
Open-market sales on May 4–5, 2026
Shares acquired via derivatives
91,412 shares
Derivative exercises and conversions on May 4–5, 2026
Single-day sale May 5, 2026
10,806 Class A shares at $150.00
Open-market sale transaction on May 5, 2026
Largest May 4, 2026 sale block
14,824 Class A shares at $146.4689
Open-market sale transaction on May 4, 2026
Option exercise price
$10.74 per share
Exercise of 18,750 Stock Option (Right to Buy) shares
Direct Class A holdings after
531,311 shares
Shares of Class A Common Stock directly owned post-transaction
Indirect Class B holdings
6,203,835 shares
Class B Common Stock held by the Alexis Le-Quoc Revocable Trust
Options remaining after exercise
206,250 option shares
Stock Option (Right to Buy) total following 18,750-share exercise
Key Terms
Rule 10b5-1 plan, Class B Common Stock, weighted-average sales price, Stock Option (Right to Buy), +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.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person"
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.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold at prices ranging from $139.75 to $140.73."
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
conversion of derivative security financial
"transaction_code_description": "Conversion of derivative security""
exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What insider transactions did Datadog (DDOG) CTO Alexis Le-Quoc report?
Alexis Le-Quoc reported open-market sales of Class A shares and conversions of derivative securities into Class A stock. The filing shows both stock sales and exercises/conversions of options and Class B shares into Class A on May 4–5, 2026.
What derivative conversions or option exercises did the Datadog (DDOG) CTO report?
He reported acquiring 91,412 shares via derivative actions, including exercising 18,750 stock options at a $10.74 exercise price and converting Class B Common Stock into Class A. These derivative transactions are coded as conversions or exercises in the Form 4.