Datadog CTO sells 21,772 shares for tax withholding
Datadog’s CTO reported a required tax-withholding sale of 21,772 shares, retaining over 488,000 shares directly plus a small trust holding.
Rhea-AI Filing Summary
Datadog, Inc. (DDOG) director and Chief Technology Officer Alexis Le-Quoc reported selling 21,772 shares of Class A Common Stock on September 2, 2026, in an open-market transaction at a weighted-average price of $212.90 per share to cover tax withholding obligations and related brokerage commissions arising from vesting of restricted and performance-based restricted stock units. Following this sale, he holds 488,033 shares directly and an additional 169 shares indirectly through the Alexis Le-Quoc Revocable Trust. No Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
Net Seller: 21,772 shares
Net Sell
2 txns
Insider
Le-Quoc Alexis
Role
Chief Technology Officer
Sold
21,772 shs ($4.64M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 21,772 | $212.9043 | $4.64M |
| holding | Class A Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 488,033 shares (Direct);
Class A Common Stock — 169 shares (Indirect, By Trust)
Footnotes (3)
- F1. The Reporting Person was required by the Issuer to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units, as well as any related brokerage commission fees.
- F2. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $210.12 to $213.01. 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.
- F3. Shares are held by the Alexis Le-Quoc Revocable Trust.
Key Figures
Shares sold: 21,772 shares
Weighted-average sale price: $212.9043 per share
Direct holdings after transaction: 488,033 shares
+2 more
5 metrics
Shares sold
21,772 shares
Class A Common Stock sale reported for September 2, 2026
Weighted-average sale price
$212.9043 per share
Open-market sale on September 2, 2026; individual prices $210.12–$213.01
Direct holdings after transaction
488,033 shares
Direct Class A Common Stock owned by Alexis Le-Quoc after the sale
Indirect holdings after transaction
169 shares
Class A Common Stock held indirectly by the Alexis Le-Quoc Revocable Trust
Net buy/sell direction
Net sale of 21,772 shares
Form 4 transaction summary for September 2, 2026
Key Terms
weighted-average sales price, restricted stock units, performance-based restricted stock units, Revocable Trust
4 terms
weighted-average sales price financial
"Price reported is a weighted-average sales price."
restricted stock units financial
"tax withholding obligations realized upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based restricted stock units financial
"vesting of restricted stock units and performance-based restricted stock units"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
Revocable Trust financial
"Shares are held by the Alexis Le-Quoc Revocable Trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
What insider transaction did Datadog (DDOG) report for Alexis Le-Quoc?
Alexis Le-Quoc reported a sale of 21,772 Class A shares of Datadog on September 2, 2026, executed to cover tax withholding obligations and related commissions triggered by the vesting of restricted and performance-based restricted stock units.
Was the Datadog (DDOG) insider sale made under a Rule 10b5-1 trading plan?
The Form 4 indicates no Rule 10b5-1 trading plan for the reported transactions, as the document-level 10b5-1 checkbox is not marked affirmatively and no footnote describes a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
