Datadog CTO Maintains Stake Worth 1 Trillion KRW While Realizing Profits in Hundreds of Billions

Datadog, Inc. (NASDAQ: DDOG) CTO Alexis LeCoq converted a portion of his Class B common shares into Class A on May 18 and then, under a pre-arranged Rule 10b5-1 trading plan, sold approximately 44,000 shares in the open market, raising about $9.1 million (roughly ₩12 billion). Between June 1 and 2, he combined additional option exercises with further Class B-to-A conversions to sell another 84,000 shares. After taxes, he still holds roughly 6.7 million Datadog shares, representing about $1.4 billion (approximately ₩1.9 trillion) in equity value. Over the same period, insider Mathieu Jacobson sold around 38,000 shares through a trust, netting about $10.1 million (around ₩13 billion), while continuing to maintain a substantial indirect stake via that trust.

On June 9–10 in New York, Datadog hosted its annual DASH 2026 event, unveiling more than 100 new features designed to help customers address AI and security complexity. The company’s strong Q1 2026 performance—its first quarter to surpass $1 billion in revenue—was highlighted alongside enhancements to its AI observability and automation capabilities. Datadog also secured FedRAMP “High” authorization for its cloud observability platform for U.S. federal government use, expanding its foundation for serving government and regulated-industry clients.

Datadog, Inc., headquartered in New York, is a cloud application observability and monitoring SaaS provider. Its platform delivers integrated analytics across servers, databases, application logs and security events, serving major U.S. and European technology companies as well as leading cloud service providers. Co-founder and CTO Alexis LeCoq has been a key executive since the company’s founding and remains a significant insider shareholder through equity awards and vested shares.