Datadog (NASDAQ: DDOG) CTO sells 43,224 shares under 10b5-1 plan
Rhea-AI Filing Summary
Datadog, Inc. (DDOG) director and Chief Technology Officer Alexis Le-Quoc reported a same-day conversion and sale on August 24, 2026. He converted 43,224 shares of Class B Common Stock into Class A Common Stock and sold 43,224 Class A shares in multiple open-market transactions under a Rule 10b5-1 plan dated June 13, 2025 at weighted-average prices ranging from about $225.79 to $233.70 per share. Following the conversion, he held 2,238,416 Class B shares directly, plus indirect holdings by the Alexis Le-Quoc Revocable Trust of 6,146,835 Class B shares (convertible into the same number of Class A shares) and 169 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
12 txns
Insider
Le-Quoc Alexis
Role
Chief Technology Officer
Sold
43,224 shs ($9.88M)
Approx. gross sale proceeds
$9.88M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1 | 43,224 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 43,224 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F3 | 4,894 | $226.2218 | $1.11M |
| Sale | Class A Common Stock F2, F4 | 7,153 | $227.3762 | $1.63M |
| Sale | Class A Common Stock F2, F5 | 14,452 | $228.3031 | $3.30M |
| Sale | Class A Common Stock F2, F6 | 9,324 | $229.1785 | $2.14M |
| Sale | Class A Common Stock F2, F7 | 3,826 | $230.2683 | $881K |
| Sale | Class A Common Stock F2, F8 | 1,006 | $231.1352 | $233K |
| Sale | Class A Common Stock F2, F9 | 769 | $232.4065 | $179K |
| Sale | Class A Common Stock F2, F10 | 1,800 | $233.4402 | $420K |
| holding | Class B Common Stock F1, F11 | -- | -- | -- |
| holding | Class A Common Stock F11 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 2,238,416 shares (Direct);
Class A Common Stock — 509,805 shares (Direct);
Class B Common Stock — 6,146,835 shares (Indirect, By Trust);
Class A Common Stock — 169 shares (Indirect, By Trust)
Footnotes (11)
- F1. 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.
- F2. Shares sold pursuant to a 10b5-1 plan dated June 13, 2025.
- F3. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $225.79 to $226.75. 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.
- F4. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $226.81 to $227.80. 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.
- F5. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $227.81 to $228.80. 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.
- F6. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $228.81 to $229.80. 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.
- F7. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $229.82 to $230.80. 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.
- F8. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $230.83 to $231.82. 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.
- F9. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $231.84 to $232.79. 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.
- F10. Price reported is a weighted-average sales price. The shares were sold at prices ranging from $233.03 to $233.70. 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.
- F11. Shares are held by the Alexis Le-Quoc Revocable Trust.
Key Figures
Class B shares converted: 43,224 shares
Class A shares sold: 43,224 shares
Sale price range (tranche example F3): $225.79–$226.75 per share
+5 more
8 metrics
Class B shares converted
43,224 shares
Converted from Class B into Class A Common Stock on August 24, 2026
Class A shares sold
43,224 shares
Total shares sold in open-market transactions on August 24, 2026
Sale price range (tranche example F3)
$225.79–$226.75 per share
Weighted-average sales price range for one set of transactions
Highest reported sale range (F10)
$233.03–$233.70 per share
Weighted-average sales price range for the highest-priced tranche
Direct Class B holdings after conversion
2,238,416 shares
Class B Common Stock directly owned by Alexis Le-Quoc after the reported transactions
Indirect Class B holdings by trust
6,146,835 shares
Class B Common Stock held by the Alexis Le-Quoc Revocable Trust, reported as indirect ownership
Indirect Class A holdings by trust
169 shares
Class A Common Stock held by the Alexis Le-Quoc Revocable Trust
Net shares sold (buy/sell net)
43,224 shares
Transaction summary netBuySellShares reported as net-sell
Key Terms
Class B Common Stock, Class A Common Stock, Rule 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"
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"
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.
Rule 10b5-1 plan regulatory
"Shares sold pursuant to a 10b5-1 plan dated June 13, 2025"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted-average sales price financial
"Price reported is a weighted-average sales price"
Permitted Transfers regulatory
"except for certain "Permitted Transfers" as defined in the Issuer's amended"
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 transactions did DDOG's CTO Alexis Le-Quoc report on August 24, 2026?
He converted 43,224 Class B shares into Class A and then sold 43,224 Class A shares in multiple open-market transactions on August 24, 2026, as reported in this Form 4.
Was the August 24, 2026 Datadog (DDOG) insider sale under a Rule 10b5-1 plan?
Yes. A footnote states the shares were sold pursuant to a 10b5-1 plan dated June 13, 2025, and the filing’s 10b5-1 checkbox is affirmed, indicating the sales followed a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
