CTO Alexis Le-Quoc sells 43,224 shares (43.2K) for $9,551,316.48 via 10b5-1 plan on 2026-06-22
Chief Technology Officer Alexis Le-Quoc executed 11 separate sales totaling 43,224 shares for $9,551,316.48 on 2026-06-22, reducing non-derivative holdings from 553,029 shares to 509,805 shares (a 7.8% reduction). The transaction was executed via a pre-arranged 10b5-1 trading plan, meaning the sale was scheduled rather than discretionary. At the time of sale, Datadog traded near its blended average price of $220.97, within the 52-week range of $98.01–$278.70 and currently 20.9% below the 52-week high. The insider retains 509.8K non-derivative shares plus 2,395,188 derivative shares (Class B Common Stock), maintaining substantial equity exposure to the company. This represents a routine scheduled divestiture typical of executive liquidity management under a pre-arranged plan.