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DigitalOcean insider plans $1.6M stock sale

A DigitalOcean insider has filed a Rule 144 notice to potentially sell 11,394 common shares previously received through restricted stock vesting.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

DigitalOcean Holdings, Inc. (DOCN) is the issuer of common stock for which Padmanabhan T. Srinivasan has filed a notice of proposed sale under Rule 144 through Fidelity Brokerage Services LLC. The notice covers 11,394 shares of common stock, with an aggregate market value of $1,595,160.00. The filing also reports prior sales of shares in recent months and states that the securities to be sold arose from restricted stock vesting granted by the issuer as compensation.

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Shares proposed to be sold under Rule 144 11,394 shares Common stock covered by the notice through Fidelity Brokerage Services LLC
Aggregate market value of shares to be sold $1,595,160.00 Market value of the 11,394 DigitalOcean common shares in the Form 144
Company share count reference 117,579,550 shares DigitalOcean common shares listed in the securities information section as of September 21, 2026
Prior sale on August 17, 2026 5,697 shares for $735,539.67 Common stock sale by Padmanabhan T. Srinivasan during the past 3 months
Prior sale on September 3, 2026 5,697 shares for $602,343.81 Second common stock sale by Padmanabhan T. Srinivasan during the past 3 months
Restricted stock vesting entries 5,697 shares on June 1, 2026 and 5,697 shares on September 1, 2026 Restricted stock vesting from issuer as compensation, forming the source of the securities
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 | 06/01/2026 | 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.
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.
compensation financial
"5697 | 06/01/2026 | Compensation"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for DigitalOcean (DOCN)?

The filing discloses that Padmanabhan T. Srinivasan has notified of a proposed sale under Rule 144 of 11,394 shares of DigitalOcean common stock through Fidelity Brokerage Services LLC, with an aggregate market value of $1,595,160.00.

How many DigitalOcean (DOCN) shares are covered by this Rule 144 notice and what is their value?

The notice covers 11,394 shares of DigitalOcean common stock with an aggregate market value of $1,595,160.00, as indicated in the securities information section of the filing.

What prior sales by Padmanabhan T. Srinivasan in DigitalOcean (DOCN) stock are reported?

The filing reports two prior sales of 5,697 shares each of DigitalOcean common stock: one on August 17, 2026 for $735,539.67 and another on September 3, 2026 for $602,343.81.

What type of DigitalOcean (DOCN) securities are involved in this Form 144?

The Form 144 relates to common stock of DigitalOcean Holdings, Inc., listed on the NYSE, held in an account at Fidelity Brokerage Services LLC.

How did the DigitalOcean (DOCN) shares to be sold originate?

The filing states the securities to be sold are from restricted stock vesting granted by the issuer as compensation, with two vesting entries of 5,697 shares each dated June 1, 2026 and September 1, 2026.

Who is authorized to act for the seller in this DigitalOcean (DOCN) Form 144?

The Form 144 is signed by /s/ Wade Moss as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Padmanabhan T. Srinivasan.

What share count context for DigitalOcean (DOCN) is provided in the filing?

The filing lists 117,579,550 shares of DigitalOcean common stock in the securities information section as of September 21, 2026; this is presented as a share count reference, separate from the shares covered by the proposed sale.

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

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