Datadog Co-Founder & Director Alexis Le-Quoc Files Form 144 to Sell $12.8M in Common Stock

Datadog, Inc. (NASDAQ: DDOG) – Form 144 Analysis

Overview

On September 1, 2026, Alexis T Le-Quoc, Director and Officer (Co-Founder & CTO) of Datadog, Inc., filed a Form 144 proposing the sale of 53,912 shares of Class A Common Stock with an estimated aggregate market value of $12,779,300.48 (~$237.04 per share).

Transaction Details

• Security Class: Class A Common
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
• Approximate Sale Date: September 1, 2026
• Source of Shares:
  • 10,688 shares acquired via option exercise on 09/01/2026 (Cash payment).
  • 43,224 shares acquired via option exercise on 12/06/2023 (Cash payment).
• Trading Plan: Executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on June 13, 2025.

Recent Historical Sales (Past 3 Months)

Alexis Le-Quoc has engaged in routine scheduled sales under the 10b5-1 plan over the prior three months, totaling over $64M in gross proceeds between June 2026 and August 2026 across multiple tranches.

Impact & Significance

• Significance: Medium
• While the dollar amount is sizable ($12.8M), the sale represents an orderly liquidation pursuant to a 10b5-1 plan adopted over a year prior (June 2025) and involves shares obtained via stock option exercises. It reflects ongoing programmatic sales rather than a sudden discretionary divestment.