Datadog CTO Alexis Le-Quoc Sells $14.75M in Class A Common Stock Under 10b5-1 Plan

Executive Overview

On October 9, 2026, Datadog, Inc. (NASDAQ: DDOG) filed a Form 4 disclosing that Chief Technology Officer and Director Alexis Le-Quoc executed sales of 53,912 shares of Class A Common Stock on October 7, 2026, generating gross proceeds of approximately $14.75 million. The transactions were carried out pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on June 13, 2025.

Transaction Details

• Stock Option Exercise: Exercised 10,688 options for Class B Common Stock at an exercise price of $10.74 per share.
• Conversions: Converted 53,912 Class B shares into Class A Common Stock on a 1-to-1 basis.
• Open-Market Sales: Sold 53,912 Class A shares across multiple tranches at weighted-average prices ranging from $271.40 to $280.43 per share, yielding aggregate proceeds of $14,750,067.31.

Holdings Context

Following these transactions, Alexis Le-Quoc maintains substantial equity exposure to Datadog:

• Direct Ownership: 488,033 shares of Class A Common Stock, 2,116,806 shares of Class B Common Stock, and 120,562 stock options.
• Indirect Ownership: 169 shares of Class A Common Stock and 6,146,835 shares of Class B Common Stock held through the Alexis Le-Quoc Revocable Trust.

Because these disposals represent a small fraction of the insider's multi-million share total holding and occurred under an established Rule 10b5-1 trading plan, the overall signaling impact on DDOG stock is assessed as medium.