Form 4: Datadog CTO Sells Shares for Tax Obligations

Datadog's Chief Technology Officer, Alexis Le-Quoc, sold 53,541 shares of Class A Common Stock to cover tax withholding obligations.

Summary

• Alexis Le-Quoc, Datadog's Chief Technology Officer and a Director, reported a sale of Class A Common Stock.
• The transaction involved the disposition of 53,541 shares on March 2, 2026.
• The shares were sold at a weighted-average price of $110.5359, with prices ranging from $110.53 to $111.78.
• The sale was mandated by Datadog to cover tax withholding obligations arising from the vesting of restricted stock units (RSUs) and performance-based RSUs, including related brokerage fees.
• Following this transaction, Alexis Le-Quoc directly beneficially owns 437,257 shares of Class A Common Stock.
• An additional 169 shares are indirectly beneficially owned through the Alexis Le-Quoc Revocable Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale is a routine, non-discretionary transaction to cover tax liabilities associated with equity compensation, rather than a discretionary sale based on market outlook.

Negatives

• A reduction in direct insider ownership by 53,541 shares, although for tax purposes, slightly decreases the alignment of the insider's direct equity holdings with other shareholders.

Future Outlook

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

Management Comments

• The Reporting Person was required by the Issuer to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units, as well as any related brokerage commission fees.

Industry Context

StockSavvy.ai notes that routine insider sales for tax withholding purposes are common among executives who receive equity compensation. This transaction does not inherently reflect a change in the company's operational performance or the insider's confidence in Datadog's long-term prospects, nor does it directly relate to broader industry trends in cloud monitoring or observability platforms.

Stakeholder Impact

• Shareholders: A minor, routine reduction in direct insider ownership, which is generally not considered a significant signal for investment decisions.

Key Dates

Keywords

Datadog, DDOG, Alexis Le-Quoc, CTO, Insider Sale, Form 4, Stock Transaction, Restricted Stock Units, Tax Withholding