Form 4: Datadog CTO Sells Shares Under Pre-Arranged Plan

Datadog's Chief Technology Officer, Alexis Le-Quoc, executed a pre-arranged sale of 32,418 Class A Common Stock shares on January 28, 2026.

Summary

• Alexis Le-Quoc, Datadog's Chief Technology Officer and a Director, reported transactions involving Datadog, Inc. (DDOG) Class A and Class B Common Stock.
• On January 28, 2026, Mr. Le-Quoc converted 32,418 shares of Class B Common Stock into Class A Common Stock.
• Immediately following the conversion, 32,418 shares of Class A Common Stock were sold in multiple transactions.
• The sales were executed pursuant to a Rule 10b5-1 trading plan established on June 13, 2025.
• The shares were sold at weighted-average prices ranging from $139.8875 to $142.7365 per share.
• Following these transactions, Mr. Le-Quoc directly holds 301,458 shares of Class A Common Stock and 2,609,782 shares of Class B Common Stock.
• Additionally, 169 shares of Class A Common Stock and 6,203,835 shares of Class B Common Stock are indirectly held by the Alexis Le-Quoc Revocable Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale is part of a pre-arranged 10b5-1 plan, which is a routine financial planning activity for executives and does not typically signal a change in company fundamentals or management's outlook.

Positives

• The transactions were conducted under a pre-arranged 10b5-1 trading plan, indicating a scheduled, rather than opportunistic, sale.

Negatives

• The sale represents a reduction in direct beneficial ownership of Class A Common Stock by a key executive.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding Datadog's future performance or outlook.

Industry Context

StockSavvy.ai notes that insider sales executed under Rule 10b5-1 plans are a common practice among executives for personal financial planning and diversification, designed to avoid accusations of trading on material non-public information. These pre-scheduled sales are generally viewed as less indicative of management's sentiment about the company's future prospects compared to unscheduled, open-market sales.

Comparison to Industry Standards

• Insider sales under Rule 10b5-1 plans are a standard mechanism for executives across the technology and broader public markets to manage their equity holdings in a compliant manner.
• The volume of shares sold by Mr. Le-Quoc, while significant in absolute terms, represents a fraction of his total beneficial ownership, which includes substantial Class B shares, a common structure in tech companies like Datadog, Palantir, or Snowflake, designed to maintain founder control.

Stakeholder Impact

• Shareholders: The sale by a key executive could be perceived negatively by some, but the 10b5-1 plan mitigates concerns about opportunistic selling.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

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