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DigitalOcean shareholder plans $602K stock sale

An affiliated holder of DigitalOcean Holdings, Inc. has filed a Rule 144 notice to sell 5,697 DOCN common shares arising from restricted stock vesting.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

DigitalOcean Holdings, Inc. (DOCN) is the issuer for a planned sale of common stock reported under Rule 144 for the account of Padmanabhan T. Srinivasan. The notice covers 5,697 shares of common stock held at Fidelity Brokerage Services LLC, with an aggregate market value of $602,343.81 and NYSE listed. DigitalOcean reports 117,579,550 shares of common stock outstanding in connection with this notice.

The securities to be sold arose from restricted stock vesting from the issuer on September 1, 2026 as compensation. The filing also lists a prior sale on August 17, 2026 of 5,697 shares of common stock for total proceeds of $735,539.67 during the past three months.

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Shares to be sold under Rule 144 5,697 shares Planned sale of DigitalOcean common stock for Padmanabhan T. Srinivasan
Aggregate market value of planned sale $602,343.81 Market value of 5,697 DOCN shares covered by the Rule 144 notice
Shares outstanding 117,579,550 shares DigitalOcean common stock outstanding used in the Rule 144 disclosure
Prior 3‑month sale shares 5,697 shares Shares of DOCN sold on August 17, 2026 by the same holder
Prior 3‑month sale proceeds $735,539.67 Total proceeds from DOCN shares sold on August 17, 2026
Vesting date of restricted stock September 1, 2026 Date the compensation-related restricted stock vested
Planned sale notice date September 3, 2026 Date associated with the Rule 144 securities information
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 09/01/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
aggregate market value financial
"Common | Fidelity Brokerage Services LLC ... | 5697 | 602343.81"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
attorney-in-fact regulatory
"as attorney-in-fact for Padmanabhan T. Srinivasan"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing for DOCN disclose?

It discloses that 5,697 shares of DigitalOcean Holdings, Inc. common stock are planned to be sold under Rule 144 for the account of Padmanabhan T. Srinivasan, with an aggregate market value of $602,343.81, and that the shares trade on the NYSE.

How many DigitalOcean (DOCN) shares are covered by this Rule 144 notice?

The notice covers 5,697 shares of DigitalOcean common stock held at Fidelity Brokerage Services LLC. These shares are associated with restricted stock that vested on September 1, 2026 and are planned for sale under Rule 144.

What is the market value of DOCN shares planned for sale in this Form 144?

The filing reports an aggregate market value of $602,343.81 for the 5,697 shares of DigitalOcean common stock covered by the notice, based on market data referenced as part of the Rule 144 disclosure.

How many DigitalOcean (DOCN) shares are outstanding according to this notice?

The notice states that there are 117,579,550 shares of DigitalOcean common stock outstanding in connection with the Rule 144 calculation, providing context for the size of the planned sale relative to total shares.

What prior DOCN stock sales by this holder are disclosed in the last 3 months?

The filing lists a prior sale on August 17, 2026 of 5,697 shares of DigitalOcean common stock for total proceeds of $735,539.67, reported as securities sold during the past three months.

How did the seller acquire the DOCN shares to be sold under Rule 144?

The shares to be sold are linked to restricted stock vesting on September 1, 2026, identified as acquired from the issuer as compensation, according to the securities-to-be-sold section of the notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature