Le-Quoc Alexis 4
4 · Datadog, Inc. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Datadog (DDOG) CTO Alexis Le-Quoc Sells 32,418 Shares
What Happened
Alexis Le-Quoc, Chief Technology Officer and Director at Datadog (DDOG), converted 32,418 shares of Class B common stock into Class A common stock and sold those 32,418 shares on March 23, 2026. The sales were executed in multiple tranches via open-market transactions and generated total gross proceeds of approximately $4,141,418. The transactions were completed under a pre-established 10b5-1 plan (dated June 13, 2025).
Key Details
- Transaction date: March 23, 2026. Form 4 filed March 25, 2026 (timely filing).
- Conversion: 32,418 shares of Class B converted into Class A (footnote F1 explains conversion mechanics). The converted shares were the ones sold.
- Sales (weighted-average prices and proceeds; see footnotes for price ranges):
- 400 shares @ $124.72 = $49,888 (range $124.50–$124.95) (F3)
- 11,306 shares @ $125.67 = $1,420,802 (range $125.66–$126.35) (F4)
- 1,760 shares @ $127.33 = $224,097 (range $126.72–$127.71) (F5)
- 4,386 shares @ $128.18 = $562,186 (range $127.72–$128.63) (F6)
- 12,259 shares @ $129.25 = $1,584,427 (range $128.74–$129.71) (F7)
- 2,307 shares @ $130.05 = $300,018 (range $129.78–$130.57) (F8)
- Total sold: 32,418 shares for ~$4,141,418.
- Sales were pursuant to a 10b5-1 trading plan dated June 13, 2025 (F2).
- Shares are held by the Alexis Le-Quoc Revocable Trust (F9).
- Shares owned after the transactions are not specified in the provided filing excerpt.
Context
- The filing shows a conversion of Class B to Class A shares (a corporate conversion, not an option exercise). Footnote F1 explains conversion rights and triggers.
- Because the sales occurred under a 10b5-1 plan, they were prearranged and are generally considered routine dispositions rather than a real-time expression of sentiment.
- This was a sale/ disposition transaction (code S and conversion code C). Purchases would carry more weight as a bullish signal; these transactions are routine liquidity events for insiders.
Insider Transaction Report
Form 4
Datadog, Inc.DDOG
Le-Quoc Alexis
DirectorChief Technology Officer
Transactions
- Conversion
Class A Common Stock
[F1]2026-03-23+32,418→ 469,675 total - Sale
Class A Common Stock
[F2][F3]2026-03-23$124.72/sh−400$49,888→ 469,275 total - Sale
Class A Common Stock
[F2][F4]2026-03-23$125.67/sh−11,306$1,420,802→ 457,969 total - Sale
Class A Common Stock
[F2][F5]2026-03-23$127.33/sh−1,760$224,097→ 456,209 total - Sale
Class A Common Stock
[F2][F6]2026-03-23$128.18/sh−4,386$562,186→ 451,823 total - Sale
Class A Common Stock
[F2][F7]2026-03-23$129.25/sh−12,259$1,584,427→ 439,564 total - Sale
Class A Common Stock
[F2][F8]2026-03-23$130.05/sh−2,307$300,018→ 437,257 total - Conversion
Class B Common Stock
[F1]2026-03-23−32,418→ 2,608,734 total→ Class A Common Stock (32,418 underlying)
Holdings
- 169(indirect: By Trust)
Class A Common Stock
[F9] - 6,203,835(indirect: By Trust)
Class B Common Stock
[F1][F9]→ Class A Common Stock (6,203,835 underlying)
Footnotes (9)
- [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 $124.50 to $124.95. 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 $125.66 to $126.35. 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 $126.72 to $127.71. 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 $127.72 to $128.63. 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 $128.74 to $129.71. 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 $129.78 to $130.57. 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]Shares are held by the Alexis Le-Quoc Revocable Trust.
Signature
/s/ Kerry Acocella, Attorney-in-Fact|2026-03-25