Datadog CTO Executes 110 Billion Won Share Sale and Conversion Transaction

According to a March 10 filing, Datadog, Inc. (NASDAQ: DDOG) Chief Technology Officer Alexis Le-Quoc converted approximately 50,000 Class B common shares into Class A common shares, exercised vested stock options, and sold more than 60,000 Class A shares on the open market, generating cash proceeds of about $79 million to $82 million (roughly KRW 110 billion). The transaction was carried out under a pre-established Rule 10b5-1 trading plan, and the filing notes that even after the option exercise and share-class conversion, the CTO’s economic stake remains in the millions of shares. On February 26, non-executive director Dominic Phillips was granted a small number of restricted stock units (RSUs) that will vest over three years under the company’s non-executive director compensation policy.

Recently, Datadog reported fourth-quarter 2025 revenue of $953 million, a year-over-year increase of about 29%, and provided full-year 2026 revenue guidance of $4.006 billion to $4.1 billion. The company also plans to open a new U.K. data center by year-end to enable local storage of operational data for regulated industry customers and is expanding its AI observability capabilities—such as the MCP Server—to enhance data access for AI agents.

Datadog is a U.S.-based provider of a cloud-native observability and security SaaS platform that integrates monitoring for servers, databases, microservices and more. As of the end of 2025, it served a significant portion of the Fortune 500 and other global enterprises, operating offices and data centers in key hubs across North America, Europe and Asia, including New York.