Datadog (DDOG) CTO offloads 53,541 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. Chief Technology Officer Alexis Le-Quoc reported an open-market sale of 53,541 shares of Class A common stock on March 2, 2026, at a weighted-average price of $110.5359 per share. According to the disclosure, the issuer required this sale to cover tax withholding obligations triggered by vesting of restricted stock units and performance-based awards, plus related commissions.
After the sale, Le-Quoc directly held 437,257 shares of Class A common stock and also had 169 shares held indirectly through the Alexis Le-Quoc Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 53,541 shares ($5,918,203)
Net Sell
2 txns
Insider
Le-Quoc Alexis
Role
Chief Technology Officer
Sold
53,541 shs ($5.92M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 53,541 | $110.5359 | $5.92M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 437,257 shares (Direct);
Class A Common Stock — 169 shares (Indirect, By Trust)
Footnotes (1)
- 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. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $110.53 to $111.78. 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.
FAQ
What insider transaction did Datadog (DDOG) report for Alexis Le-Quoc?
Datadog reported that Chief Technology Officer Alexis Le-Quoc sold 53,541 shares of Class A common stock. The sale occurred on March 2, 2026, as an open-market transaction at a weighted-average price of $110.5359 per share, primarily to satisfy tax withholding obligations.
Was the Datadog insider sale on March 2, 2026 a discretionary trade?
The filing describes the sale as required by the issuer to satisfy tax withholding obligations. It specifies that only the number of shares necessary to cover those taxes and related brokerage commissions from vesting restricted stock awards was sold, rather than a purely discretionary transaction.