4/A: Datadog CTO Amends Insider Trading Report

Datadog's Chief Technology Officer, Alexis Le-Quoc, filed an amended Form 4 to correct previously reported Class B to Class A share conversions and subsequent sales.

Summary

• Alexis Le-Quoc, Datadog's Chief Technology Officer and Director, filed an amended Form 4 to correct a previous report regarding his beneficial ownership changes.
• The amendment specifically reports the conversion of an additional 6,010 Class B shares into Class A Common Stock, which was inadvertently omitted from the original filing.
• On December 8, 2025, a total of 16,698 Class B Common Stock shares were converted into Class A Common Stock at a price of $0.
• Following this conversion, Mr. Le-Quoc disposed of Class A Common Stock shares in three separate transactions on December 8, 2025, totaling 53,912 shares.
• These sales were executed under a Rule 10b5-1 plan dated June 13, 2025.
• The sales occurred at weighted-average prices of $153.235 (15,507 shares), $154.2302 (30,994 shares), and $155.0094 (7,411 shares).
• After these transactions, Mr. Le-Quoc beneficially owns 301,458 shares of Class A Common Stock and 2,698,974 shares of Class B Common Stock.

Sentiment

Score: 5

Explanation: The filing reports routine insider stock transactions under a pre-planned 10b5-1 plan, with an amendment to correct a reporting error. This is generally neutral, though insider selling can sometimes be perceived negatively.

Positives

• The transactions were conducted under a pre-established Rule 10b5-1 plan, indicating planned diversification or liquidity rather than a reaction to new, undisclosed information.
• The reporting person maintains a substantial beneficial ownership of Datadog shares (301,458 Class A and 2,698,974 Class B shares) even after the sales.

Negatives

• The need for an amendment indicates a reporting error in the original filing, specifically the inadvertent omission of 6,010 Class B share conversions.
• The sale of 53,912 Class A shares by a key executive, even under a 10b5-1 plan, represents a reduction in insider ownership.

Risks

• Insider selling, even when pre-planned, can sometimes be perceived negatively by investors, potentially leading to short-term negative sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Datadog's future performance.

Industry Context

Insider stock sales, particularly those executed under Rule 10b5-1 plans, are a common practice among executives for personal financial planning, diversification, and liquidity. These plans are pre-arranged to avoid accusations of trading on material non-public information.

Stakeholder Impact

• Shareholders: Provides transparency on insider stock movements, which can influence sentiment regarding management's confidence in the company, though 10b5-1 plans mitigate this impact.
• Employees, Customers, Suppliers, Creditors: No direct impact from this filing.

Key Dates

Recommendation

The filing details routine insider stock sales by a CTO under a pre-established 10b5-1 plan, along with a correction to a previous filing. This type of transaction is common for executive compensation and personal financial planning and does not typically indicate a change in the company's fundamental outlook or warrant a shift in investment recommendation based solely on this report.

Keywords

Datadog, DDOG, Form 4, Insider Trading, Stock Sale, CTO, Alexis Le-Quoc, 10b5-1 Plan, Share Conversion