DigitalOcean officer plans $1.06M stock sale
DigitalOcean Holdings, Inc. (DOCN) received a notice that officer Matt Steinfort intends to sell 10,000 shares of common stock under Rule 144 through Fidelity Brokerage Services LLC.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
DigitalOcean Holdings, Inc. (DOCN) received a notice that officer Matt Steinfort intends to sell 10,000 shares of common stock under Rule 144 through Fidelity Brokerage Services LLC. The planned sale corresponds to an aggregate market value of $1,057,300 and references 117,579,550 shares outstanding of common stock.
The shares to be sold are expected to come from restricted stock vesting on September 1, 2026, with the acquisition described as compensation. The notice indicates a proposed sale date of September 3, 2026 on the NYSE.
Key Figures
Key Terms
Rule 144 regulatory
restricted stock financial
attorney-in-fact regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for DOCN?
Who is the broker and signatory involved in the DOCN Form 144 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.