Datadog (DDOG) CTO exercises options and sells 32,300 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datadog, Inc. Chief Technology Officer Alexis Le-Quoc reported a mix of option exercises, share conversions, and open-market sales. On April 6, 2026, he exercised options to acquire 18,750 shares of Class B Common Stock at an exercise price of $10.74 per share, which became Class A shares.
He also converted 10,688 and 21,612 shares of Class B Common Stock into the same number of Class A shares. On the same date, he sold a total of 32,300 Class A shares in open-market transactions at weighted-average prices between $115.13 and $117.90, pursuant to a 10b5-1 trading plan dated June 13, 2025.
After these transactions, Le-Quoc directly held 531,311 shares of Class A Common Stock. Indirectly, through the Alexis Le-Quoc Revocable Trust, he held 6,203,835 shares of Class B Common Stock, each convertible into one share of Class A Common Stock, plus 169 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 32,300 shares ($3,761,653)
Net Sell
12 txns
Insider
Le-Quoc Alexis
Role
Chief Technology Officer
Sold
32,300 shs ($3.76M)
| 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 | 21,612 | $0.00 | -- |
| Conversion | Class A Common Stock | 10,688 | $0.00 | -- |
| Conversion | Class A Common Stock | 21,612 | $0.00 | -- |
| Sale | Class A Common Stock | 3,400 | $115.1278 | $391K |
| Sale | Class A Common Stock | 14,862 | $116.2269 | $1.73M |
| Sale | Class A Common Stock | 13,738 | $117.01 | $1.61M |
| Sale | Class A Common Stock | 300 | $117.9033 | $35K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 225,000 shares (Direct);
Class B Common Stock — 2,627,484 shares (Direct);
Class A Common Stock — 541,999 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 $114.56 to $115.52. 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 $115.57 to $116.56. 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 $116.57 to $117.56. 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 $117.57 to $118.56. 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
Options exercised: 18,750 shares
Exercise price: $10.74 per share
Class A shares sold: 32,300 shares
+4 more
7 metrics
Options exercised
18,750 shares
Stock options for Class B Common Stock at $10.74 exercise price on April 6, 2026
Exercise price
$10.74 per share
Stock Option (Right to Buy) for 18,750 shares of Class B Common Stock
Class A shares sold
32,300 shares
Open-market sales of Class A Common Stock on April 6, 2026
Sale prices
$115.13–$117.90 per share
Weighted-average sale prices across four tranches of Class A share sales
Direct Class A holdings
531,311 shares
Class A Common Stock directly held by Alexis Le-Quoc after transactions
Indirect Class B holdings
6,203,835 shares
Class B Common Stock held by the Alexis Le-Quoc Revocable Trust, convertible 1:1 into Class A
Indirect Class A holdings
169 shares
Class A Common Stock held indirectly by trust after April 6, 2026
Key Terms
Class B Common Stock, Class A Common Stock, 10b5-1 plan, weighted-average sales price, +2 more
6 terms
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.
Class A Common Stock financial
"Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
10b5-1 plan financial
"Shares sold pursuant to a 10b5-1 plan dated June 13, 2025."
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
weighted-average sales price financial
"Price reported is a weighted-average sales price. The shares were sold at prices ranging"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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 did Datadog (DDOG) CTO Alexis Le-Quoc report in this Form 4?
Alexis Le-Quoc reported exercising stock options, converting Class B shares into Class A shares, and selling Class A shares. The filing details option exercises, share conversions, and open-market sales, along with his updated direct and trust-held ownership positions at Datadog.
What option exercise did Datadog CTO Alexis Le-Quoc disclose?
He exercised stock options for 18,750 shares of Datadog Class B Common Stock at an exercise price of $10.74 per share. The option was fully vested and exercisable, and the resulting shares ultimately corresponded to Class A Common Stock in his reported holdings.
What Datadog Class B Common Stock holdings are reported for Alexis Le-Quoc?
Indirectly, through the Alexis Le-Quoc Revocable Trust, he is reported to hold 6,203,835 shares of Datadog Class B Common Stock. Each Class B share is convertible into one Class A share and has no expiration, with automatic conversion triggers described in the company’s charter.