Datadog (NASDAQ: DDOG) CTO sells stock and exercises options
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
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Negative
- None.