[144] DigitalOcean Holdings, Inc. SEC Filing
Form 144 notice for DigitalOcean Holdings, Inc. (DOCN): The filer proposes to sell 2,100 common shares through Fidelity Brokerage Services on 08/19/2025 with an aggregate market value of $66,447.50. The filing reports the shares were acquired on 08/19/2025 via an option granted 04/16/2018, with cash payment. The filing lists the company's outstanding common shares as 91,037,498. The form also discloses three sales by Plato Partners LLC in the past three months: 5,417 shares for $157,418.02 on 06/09/2025, 16,417 shares for $500,423.16 on 08/11/2025, and 31,000 shares for $984,250.00 on 08/13/2025. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
- Disclosure compliance: The filing identifies the class, broker, number of shares, market value, acquisition date, and payment method as required under Rule 144
- Recent sales disclosed: Three sales by Plato Partners LLC in the past three months are reported with dates and gross proceeds, enhancing transparency
- Incomplete issuer fields in provided content: Issuer address and phone are blank in the issuer section of the document extract
- Concentrated recent sales by one entity: Plato Partners LLC sold 52,834 shares netting $1,642,091.18 in the past three months (disclosure only; no assertion about intent)
Insights
TL;DR: Proposed sale is small versus outstanding shares; recent insider-related sales are modest but disclosed.
The 2,100-share proposed sale valued at $66,447.50 is immaterial relative to the reported 91,037,498 shares outstanding, suggesting limited market impact from this single proposed transaction. However, the filing also reports three recent sales by Plato Partners LLC totaling 52,834 shares and $1,642,091.18 in gross proceeds over June and August 2025. Those aggregated sales are larger but still represent a small fraction of outstanding shares. All transactions are disclosed under Rule 144, supporting transparency. No earnings, liquidity, or corporate-change data are provided in the filing to alter valuation or operational assessment.
TL;DR: Filing appears to meet Rule 144 disclosure requirements but omits issuer address and some filer contact details in the content provided.
The document furnishes required elements for a Rule 144 notice: class of security, broker, number of shares, aggregate market value, acquisition details, and sales during the prior three months. The seller makes the statutory representation regarding material nonpublic information. Notably, the issuer identification section in the provided content is incomplete (issuer address and phone are blank), which could hinder third-party verification if that omission exists in the filed document rather than this extract. From a compliance standpoint, the explicit disclosure of recent sales and the option-acquisition detail strengthens procedural adherence.