Datadog, Inc. (DDOG) CTO trades 43,224 shares in 10b5-1 plan
Rhea-AI Filing Summary
Datadog, Inc. Chief Technology Officer Alexis Le-Quoc converted 43,224 shares of Class B Common Stock into an equal number of Class A shares on July 20, 2026, then sold 43,224 Class A shares in multiple sales reported as open market or private transactions under a Rule 10b5-1 plan dated June 13, 2025.
After these transactions, he directly held 2,316,802 shares of Class B Common Stock, while an additional 6,146,835 Class B shares (convertible into Class A) and 169 Class A shares were held indirectly by the Alexis Le-Quoc Revocable Trust.
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 ($11.46M)
Approx. gross sale proceeds
$11.46M
| 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 | 400 | $258.8646 | $104K |
| Sale | Class A Common Stock F2, F4 | 200 | $259.875 | $52K |
| Sale | Class A Common Stock F2, F5 | 8,062 | $263.3545 | $2.12M |
| Sale | Class A Common Stock F2, F6 | 10,168 | $264.1328 | $2.69M |
| Sale | Class A Common Stock F2, F7 | 6,580 | $265.0709 | $1.74M |
| Sale | Class A Common Stock F2, F8 | 7,310 | $266.3098 | $1.95M |
| Sale | Class A Common Stock F2, F9 | 8,391 | $267.2687 | $2.24M |
| Sale | Class A Common Stock F2, F10 | 2,113 | $267.9511 | $566K |
| holding | Class B Common Stock F1, F11 | -- | -- | -- |
| holding | Class A Common Stock F11 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 2,316,802 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 $258.73 to $259.05. 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 $259.85 to $259.90. 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 $262.68 to $263.67. 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 $263.68 to $264.66. 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 $264.69 to $265.68. 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 $265.75 to $266.74. 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 $266.75 to $267.74. 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 $267.76 to $268.44. 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
Shares converted: 43,224 shares
Shares sold: 43,224 shares
Sale price example: $258.8646 per share
+4 more
7 metrics
Shares converted
43,224 shares
Class B Common Stock converted into Class A on July 20, 2026
Shares sold
43,224 shares
Total Class A shares sold in multiple transactions on July 20, 2026
Sale price example
$258.8646 per share
400 Class A shares sold at this weighted-average price
Higher sale price example
$267.9511 per share
2,113 Class A shares sold at this weighted-average price
Direct Class B holdings
2,316,802 shares
Class B Common Stock directly held after the conversion transaction
Indirect Class B holdings
6,146,835 shares
Class B shares held indirectly by the Alexis Le-Quoc Revocable Trust
Indirect Class A holdings
169 shares
Class A Common Stock held indirectly by the Alexis Le-Quoc Revocable Trust
Key Terms
Rule 10b5-1 plan, Class B Common Stock, weighted-average sales price, revocable trust
4 terms
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.
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.
weighted-average sales price financial
"Price reported is a weighted-average sales price."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock transactions did Datadog (DDOG) CTO Alexis Le-Quoc report?
Alexis Le-Quoc reported a conversion of 43,224 Class B shares into Class A and the sale of 43,224 Class A shares on July 20, 2026. These sales were executed in multiple transactions pursuant to a Rule 10b5-1 trading plan dated June 13, 2025.
Were Alexis Le-Quoc’s Datadog (DDOG) stock sales made under a trading plan?
Yes. The report states the shares were sold pursuant to a Rule 10b5-1 plan dated June 13, 2025. The document-level Rule 10b5-1 checkbox is also affirmed, indicating these transactions were executed under a pre-established trading arrangement.