Insider Selling: Datadog (NASDAQ:DDOG) CTO Sells 53,912 Shares of Stock
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Datadog, Inc. (NASDAQ:DDOG - Get Free Report) CTO Alexis Le-Quoc sold 53,912 shares of the company's stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $257.24, for a total value of $13,868,322.88. Following the transaction, the chief technology officer directly owned 509,805 shares in the company, valued at approximately $131,142,238.20. This represents a 9.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NASDAQ:DDOG