Form 4: Datadog CTO Alexis Le-Quoc Sells Shares to Cover Tax Obligations

Datadog's Chief Technology Officer, Alexis Le-Quoc, executed a sale of 13,766 shares of Class A Common Stock on June 2, 2025, primarily to satisfy tax withholding obligations related to vested restricted stock units.

Summary

• Alexis Le-Quoc, Datadog's Director and Chief Technology Officer, reported a transaction on June 2, 2025.
• The transaction involved the disposition of 13,766 shares of Datadog Class A Common Stock.
• The shares were sold at a price of $116.841 per share.
• The sale was mandated by Datadog to cover tax withholding obligations arising from the vesting of restricted stock units and performance-based restricted stock units, including related brokerage fees.
• Following this transaction, Mr. Le-Quoc directly beneficially owns 452,769 shares of Class A Common Stock.
• Additionally, 169 shares are indirectly beneficially owned through the Alexis Le-Quoc Revocable Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine, mandatory sale to cover tax obligations upon RSU vesting, which is a common occurrence for executives and does not reflect a discretionary decision to sell shares based on company performance or outlook.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing details a routine insider transaction for tax purposes, which is common practice across all industries when restricted stock units vest. It does not provide specific insights into broader industry trends or competitive dynamics within the software and cloud monitoring sector.

Related Party Transactions

• The transaction involves an insider (Alexis Le-Quoc, CTO and Director) selling shares of the company (Datadog, Inc.) to cover tax obligations related to his compensation, which is a common form of related party transaction in the context of executive compensation.

Stakeholder Impact

• Shareholders: The sale of 13,766 shares by a key executive is a small fraction of the total outstanding shares and is for tax purposes, thus it is unlikely to have a significant impact on the share price or investor confidence.
• Employees: No direct impact on employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Key Dates

Recommendation

Keywords

Datadog, DDOG, SEC Form 4, Insider Trading, Stock Sale, Restricted Stock Units, Tax Withholding, Alexis Le-Quoc, Chief Technology Officer, Corporate Governance