Tourmaline Partners plans DOCN share sale; 210,659 shares shown (DOCN)
Rhea-AI Filing Summary
Tourmaline Partners, LLC submitted Form 144 relating to proposed sales of Common Stock of DigitalOcean Holdings, Inc. The notice lists brokered and affiliate pre-IPO purchases across multiple dates and shows recent proposed dispositions, including 210,659 shares sold on 05/07/2026 for $31,805,556.10. The filing lists historical acquisition dates and quantities for common and preferred shares; timing and overall aggregate offered here are limited to the figures shown.
Positive
- None.
Negative
- None.
Insights
Form 144 notifies the market of proposed affiliate sales under resale rules.
Form 144 is a required notice when affiliates plan to sell restricted or control securities; it provides buyer/seller routing and per‑transaction detail rather than registering securities. The excerpt lists specific sale examples and many historical affiliate purchases.
Cash‑flow treatment and any broker/underwriter roles are not specified in the excerpt; subsequent filing or broker disclosure would show execution details and whether the sales proceed through block trades or other methods.