The sale is part of a pre-arranged 10b5-1 plan established over 16 months ago, reducing the likelihood of opportunistic timing. However, the consistent monthly selling pattern by a co-founder/director warrants monitoring for any acceleration or deviation from the plan.
Price Chart
Executive Summary
Datadog co-founder and director Alexis Le-Quoc filed a Form 144 notice of intent to sell 43,224 shares of Class A Common stock, with an estimated aggregate market value of approximately $12.1 million based on the filing date. The shares were acquired through prior option exercises and are being sold under a Rule 10b5-1 trading plan, with recent sales under the same plan already executed in August-October 2026.
Key Facts
- Alexis Le-Quoc (co-founder, director, and officer) filed Form 144 to sell 43,224 shares of Datadog Class A Common stock.
- Estimated aggregate market value of the proposed sale is $12,138,163.68.
- Shares were acquired through previous exercise of stock options from December 2023 to October 2024.
- The sale is being conducted under a Rule 10b5-1 trading plan established on June 13, 2025.
- Recent sales under the same 10b5-1 plan occurred on September 1, September 23, October 7, and other dates in 2026, totaling over 200,000 shares sold year-to-date.
Financial Impact
Proposed sale of $12.1 million in shares, representing approximately 0.012% of Datadog's $100.6 billion market cap.
Risk Factors
- Insider selling by a co-founder and director, even under a 10b5-1 plan, may be perceived negatively by some market participants.
- The filing does not specify the total remaining shares owned by Le-Quoc, so the proportional impact on his holdings is unknown.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-010456 |
| Document: 0001950047-26-010456-index.html | 0001950047-26-010456 |
| Document: 0001950047-26-010456.txt | 0001950047-26-010456 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 28, 2026 2d ago | 144 | $265.84 $235.27 | ▼ −11.50% | ▼ −9.73% | $265.84 (−0.00%) |
Oct 20, 2026 10d ago | Institutional Cluster | $273.09 $257.75 | ▼ −5.62% | ▼ −4.44% | $265.84 (−2.65%) |
Oct 19, 2026 11d ago | ANALYST-UPGRADE | $260.36 $256.43 | ▼ −1.51% | ▼ −1.84% | $265.84 (+2.10%) |
Oct 7, 2026 23d ago | 144 | $273.80 $293.26 | ▲ +7.11% | ▲ +6.51% | $265.84 (−2.91%) |
Sep 25, 2026 5w ago | Insider Cluster | $268.70 $268.56 | ▲ +0.05% | ▼ −0.13% | $265.84 (+1.06%) |
Sep 23, 2026 5w ago | Insider Cluster | $256.92 $268.13 | ▼ −4.36% | ▼ −3.82% | $265.84 (−3.47%) |
Sep 16, 2026 6w ago | Insider Cluster | $236.00 $229.92 | ▲ +2.58% | ▲ +2.46% | $265.84 (−12.64%) |
Sep 15, 2026 6w ago | Insider Cluster | $230.79 $236.00 | ▲ +2.26% | ▲ +1.12% | $265.84 (+15.19%) |
Sep 10, 2026 7w ago | Insider Cluster | $221.21 $230.05 | ▼ −4.00% | ▼ −4.44% | $265.84 (−20.18%) |
Sep 9, 2026 7w ago | Insider Cluster | $221.72 $221.21 | ▲ +0.23% | ▲ +1.08% | $265.84 (−19.90%) |
US Market Status
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