Datadog CTO Alexis Le-Quoc sold $11.5 million in shares under a pre-set trading plan

Management
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Summary · why it matters

Datadog co-founder and CTO Alexis Le-Quoc sold 43,224 shares of Class A Common Stock on July 20, 2026, realizing approximately $11.5 million at a weighted average price of $265.23. The transaction was executed under a Rule 10b5-1 trading plan adopted on June 13, 2025, and reduced his direct holdings by 8% while leaving him with 509,805 directly held shares and an indirect interest of 169 shares via the Alexis Le-Quoc Revocable Trust. Including derivative securities, the sale represented less than 1% of his total equity exposure. Datadog shares have returned 81% over the past year, and the company recently reported first-quarter revenue of $1 billion, up 32% year-over-year, with full-year 2026 sales forecast at $4.3 billion.

Impact on stocks 2

Cloud & Digital Infrastructure · 1 stocks
Datadog Inc
DDOG
± MixedCapitalrelevance

Insider sale under 10b5-1 plan, but small relative to holdings; no material impact on fundamentals.

Real Estate · 1 stocks