Form 4: Datadog CTO Alexis Le-Quoc Executes Stock Sale
Statement of Changes in Beneficial Ownership
Datadog Chief Technology Officer Alexis Le-Quoc sold 43,224 shares of Class A Common Stock following a conversion from Class B shares.
Summary
- Alexis Le-Quoc, Chief Technology Officer of Datadog, Inc., converted 43,224 shares of Class B Common Stock into Class A Common Stock on April 22, 2026.
- Following the conversion, the reporting person sold 43,224 shares of Class A Common Stock in multiple transactions.
- The sales were executed at weighted-average prices ranging from $130.2673 to $133.16 per share.
- The transactions were conducted pursuant to a Rule 10b5-1 trading plan established on June 13, 2025.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted through a pre-established 10b5-1 plan, which is a routine administrative action for corporate officers.
Positives
- The transaction was pre-planned under a Rule 10b5-1 trading plan, indicating the sales were not based on sudden non-public information.
Negatives
- The sale represents a reduction in the direct equity stake held by a key executive.
Risks
- Continued selling by insiders may influence market sentiment regarding the company's valuation.
Future Outlook
No specific forward-looking guidance regarding company operations was provided in this filing.
Industry Context
StockSavvy.ai notes that routine insider selling via 10b5-1 plans is a standard practice for executives in the high-growth software and cloud monitoring sector to manage personal liquidity.
Comparison to Industry Standards
- The use of 10b5-1 plans is the industry standard for C-suite executives at major technology firms like Datadog to avoid potential insider trading concerns.
Stakeholder Impact
- Minimal impact expected as the sale was pre-planned and represents a small portion of the executive's total holdings.
Next Steps
- Continued monitoring of future Form 4 filings for further insider activity.
Key Dates
| Date | Description |
|---|---|
| 2025-06-13 | Date the Rule 10b5-1 trading plan was established. |
| 2026-04-22 | Date of the conversion and subsequent sale of shares. |
| 2026-04-23 | Date the Form 4 was signed and filed. |
Keywords
Datadog, DDOG, Insider Trading, Form 4, Alexis Le-Quoc, Stock Sale, 10b5-1
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