Datadog (NASDAQ: DDOG) CTO converts Class B and sells 32,418 Class A shares
Rhea-AI Filing Summary
Datadog, Inc. director and Chief Technology Officer Alexis Le-Quoc reported a planned share sale following a stock conversion. On January 28, 2026, he converted 32,418 shares of Class B Common Stock into an equal number of Class A shares at $0 per share.
He then sold those 32,418 Class A shares in multiple trades under a Rule 10b5-1 trading plan dated June 13, 2025, at weighted-average prices ranging from about $139.89 to $142.74. After these transactions, he held 301,458 Class A shares directly, plus 169 Class A shares and 6,203,835 Class B shares indirectly through the Alexis Le-Quoc Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 32,418 | $0.00 | -- |
| Conversion | Class A Common Stock | 32,418 | $0.00 | -- |
| Sale | Class A Common Stock | 3,331 | $139.8875 | $466K |
| Sale | Class A Common Stock | 17,352 | $140.677 | $2.44M |
| Sale | Class A Common Stock | 9,927 | $141.5786 | $1.41M |
| Sale | Class A Common Stock | 1,808 | $142.7365 | $258K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
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 $139.21 to $140.20. 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 $140.21 to $141.20. 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 $141.21 to $142.17. 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$142.29 to $143.23. 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 did Datadog (DDOG) CTO Alexis Le-Quoc report in this Form 4 filing?
Was the Datadog (DDOG) insider sale by Alexis Le-Quoc under a 10b5-1 plan?
What role does the Alexis Le-Quoc Revocable Trust play in these Datadog (DDOG) holdings?