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Tourmaline Partners plans DOCN share sale; 210,659 shares shown (DOCN)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

Example disposition 210,659 shares listed as sold on <date>05/07/2026</date>
Reported value $31,805,556.10 value shown alongside the 05/07/2026 disposition
Large historical purchase 724,074 shares acquired on <date>01/08/2020</date> (purchase history listed)
Noted preferred shares 2,158,411 shares Series B Preferred Stock purchase dated <date>06/29/2015</date>
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Pre-IPO Secondary Market Purchase market
"Pre-IPO Secondary Market Purchase | Affiliate of Issuer"
Series B Preferred Stock financial
"Series B Preferred Stock | 06/29/2015 | Purchase of Preferred Stock"
Series B preferred stock is a type of ownership share issued by a company that offers certain advantages over common stock, such as priority in receiving dividends or assets if the company is sold or liquidated. It is typically issued after an initial round of funding, making it a way for investors to support a company's growth while gaining some protections and benefits. This stock matters to investors because it often provides a more secure investment position with potential for future growth.

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

FAQ

What does DOCN's Form 144 filed by Tourmaline Partners, LLC report?

It reports proposed sales of DigitalOcean common stock by an affiliate, including a specific trade of 210,659 shares. The filing lists historical purchase dates and quantities and identifies proposed dispositions and sale amounts for certain transactions.

How many shares and value are shown for the May 7, 2026 disposition?

The excerpt shows a May 7, 2026 disposition of 210,659 shares with a reported value of $31,805,556.10. This line appears under securities sold during the past three months and identifies the selling holder and sale date.

Does Form 144 mean the shares have already been sold?

No; Form 144 is a notice of proposed sale, not proof of completed sale. The filing lists intended or proposed dispositions and related acquisition history; execution and final proceeds are not confirmed in the excerpt.

Who else appears as a selling holder in the excerpt besides Tourmaline Partners?

The excerpt lists AI Droplet Holdings LLC and Access Industries, Inc. as selling holders in a past‑three‑months line, tied to the May 7, 2026 transaction of 210,659 shares and corresponding value.