Form 4 | Datadog Director & CTO Alexis Le-Quoc acquired 107,524 shares via conversion/option exercise and sold 110,000 shares.
Filings Track
08/13
On August 10, 2026, Datadog (DDOG) Director and Chief Technology Officer Alexis Le-Quoc executed multiple share transactions. He exercised stock options for 18,750 shares of Class A Common Stock and converted 53,912 shares plus additional 43,224 and 10,688 shares of Class B/related interests into an equal number of Class A shares, totaling approximately 107,524 shares acquired at zero cost. Concurrently, under a Rule 10b5‑1 plan dated June 13, 2025, he sold about 110,000 shares of Class A Common Stock in numerous tranches at prices ranging roughly from $231 to $261. Following these trades, he directly owns approximately 538,409 Class A shares and indirectly holds about 6,146,835 shares via a trust. Such planned selling by a senior executive at elevated price levels is a typical diversification and cash‑realization move and may be viewed as a near‑term bearish signal, though his remaining substantial stake suggests continued confidence in Datadog’s long‑term outlook.