Datadog (NASDAQ: DDOG) CTO sells stock and exercises options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. reported insider transactions by Chief Technology Officer and director Alexis Le-Quoc involving stock option exercises, share conversions, and open-market sales. On February 11, 2026, he exercised stock options covering 18,750 shares of Class B Common Stock at an exercise price of $10.74 per share.
He converted Class B Common Stock into Class A Common Stock in multiple transactions, including 10,688 and 32,418 shares, at no stated conversion price. He then sold Class A shares in several open-market transactions, such as 3,270 shares at $123.1205 and 9,402 shares at $131.17, pursuant to a Rule 10b5-1 trading plan dated June 13, 2025. After these trades, he reported direct ownership of 490,798 Class A shares and indirect holdings of 6,203,835 Class B and 169 Class A shares through the Alexis Le-Quoc Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 43,106 shares ($5,465,454)
Net Sell
15 txns
Insider
Le-Quoc Alexis
Role
Chief Technology Officer
Sold
43,106 shs ($5.47M)
| 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 | 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 | 3,270 | $123.1205 | $403K |
| Sale | Class A Common Stock | 3,761 | $124.0758 | $467K |
| Sale | Class A Common Stock | 10,560 | $125.1076 | $1.32M |
| Sale | Class A Common Stock | 8,377 | $126.0585 | $1.06M |
| Sale | Class A Common Stock | 6,032 | $127.0527 | $766K |
| Sale | Class A Common Stock | 1,704 | $128.7737 | $219K |
| Sale | Class A Common Stock | 9,402 | $131.17 | $1.23M |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 375,000 shares (Direct);
Class B Common Stock — 2,628,532 shares (Direct);
Class A Common Stock — 501,486 shares (Direct);
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 $122.53 to $123.50. 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 $123.53 to $124.52. 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 $124.56 to $125.55. 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 $125.58 to $126.57. 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 $126.58 to $127.57. 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 $128.50 to $129.28. 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. Shares are held by the Alexis Le-Quoc Revocable Trust. Option is fully vested and exercisable.
FAQ
What did Datadog (DDOG) CTO Alexis Le-Quoc report in this Form 4?
Alexis Le-Quoc reported option exercises, conversions, and sales of Datadog Class A and Class B shares on February 11, 2026. The filing details an option exercise, conversions into Class A stock, and several open-market sales under a pre-established Rule 10b5-1 trading plan.
How many Datadog (DDOG) stock options did the CTO exercise?
The CTO exercised stock options covering 18,750 shares of Datadog Class B Common Stock at an exercise price of $10.74 per share. These options were fully vested and exercisable, and the underlying Class B shares are convertible into Class A shares on a one-for-one basis under stated terms.
Was the Datadog (DDOG) CTO’s stock sale part of a trading plan?
Yes. The filing states that the reported Class A share sales were made pursuant to a Rule 10b5-1 trading plan dated June 13, 2025. Such plans allow insiders to prearrange trades, helping separate personal trading decisions from day-to-day corporate developments.