[144] DigitalOcean Holdings, Inc. SEC Filing
DigitalOcean Holdings, Inc. (DOCN) Form 144 reports a proposed sale of 7,900 common shares through Fidelity Brokerage Services on 08/22/2025 with an aggregate market value of $247,053.26. The filing shows the shares were acquired via options granted on 04/16/2018 and the proposed sale would be paid in cash. The filing also discloses four recent sales by Plato Partners LLC totaling 54,934 shares for aggregate gross proceeds of $1,708,538.75. The form affirms the seller does not possess undisclosed material adverse information.
- Clear compliance with Rule 144 disclosure requirements showing acquisition source, broker, sale date, and value
- Detailed recent-sales history is provided, giving transparency into recent monetization by Plato Partners LLC
- Substantial recent selling by Plato Partners LLC: 54,934 shares sold in the past three months for approximately $1,708,538.75, which may be material to investors monitoring insider or affiliate selling
Insights
TL;DR: Routine Rule 144 notice showing option exercise sale and recent third-party sales totaling ~55k shares ($1.71M).
The filing is a standard Rule 144 notice for an insider/affiliate sale of 7,900 shares via a broker on 08/22/2025 valued at $247k. Acquisition is listed as options granted in 2018, with cash payment on sale. Importantly, the filing lists four prior sales by Plato Partners LLC in the past three months totaling 54,934 shares and $1.71M proceeds, which may reflect ongoing monetization by related holders. No financial results, exemptions, or trading-plan details are provided in the form.
TL;DR: Disclosure aligns with compliance obligations; significant recent sales by a related party are visible.
The document complies with Rule 144 disclosure requirements by itemizing the proposed sale, acquisition source (options granted 04/16/2018), payment method (cash), and recent sales history. The repeated sales by Plato Partners LLC totaling 54,934 shares over recent dates are notable from a governance perspective because they indicate concentrated selling by an affiliated holder. The filer attests no undisclosed material adverse information, but the form does not include any context on relationship to the issuer or whether a 10b5-1 plan applies.