Datadog CTO Alexis Le-Quoc Sells $12.1M in Class A Shares Under 10b5-1 Plan

Executive Summary

On October 30, 2026, Datadog, Inc. ($DDOG) Chief Technology Officer and Director Alexis Le-Quoc reported the sale of 43,224 shares of Class A Common Stock on October 28, 2026, generating gross proceeds of approximately $12.09 million. The transactions were executed pursuant to a pre-arranged Rule 10b5-1 trading plan established on June 13, 2025.

Transaction Details

• Mechanism: The sales followed the conversion of 43,224 shares of Class B Common Stock into Class A Common Stock on a 1-to-1 basis.
• Execution Prices: Shares were sold across nine separate price tranches ranging from $275.73 to $284.81, yielding a volume-weighted average price of approximately $279.59 per share.
• Direct Ownership After Transaction: Le-Quoc directly retains 488,033 shares of Class A Common Stock and 2,073,582 shares of Class B Common Stock.
• Indirect Holdings: Le-Quoc holds an additional 169 shares of Class A Common Stock and 6,146,835 shares of Class B Common Stock indirectly via the Alexis Le-Quoc Revocable Trust.

Market Impact & Significance

The filing is classified as Medium significance. While the transaction represents a sizable cash realization ($12.1 million), it was executed under a pre-established 10b5-1 plan adopted more than a year prior. Furthermore, the disposition represents less than 1% of the insider's total equity holdings across Class A and Class B shares, leaving the executive with substantial ownership exceeding 8.7 million equivalent shares.