STOCK TITAN

DigitalOcean (NYSE: DOCN) CFO trims stake with 25,000-share sale

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

DigitalOcean Holdings, Inc. Chief Financial Officer Matt Steinfort sold shares of the company’s Common Stock in an open-market transaction. On 2026-05-15, he sold 25,000 shares at a weighted average price of $152.50 per share, leaving him with 573,272 shares owned directly.

According to a footnote, the sale prices for these shares ranged from $152.19 to $153.20 per share, and the weighted average price reflects several individual trades within this range.

Positive

  • None.

Negative

  • None.
Insider Steinfort Matt
Role Chief Financial Officer
Sold 25,000 shs ($3.81M)
Type Security Shares Price Value
Sale Common Stock 25,000 $152.50 $3.81M
Holdings After Transaction: Common Stock — 573,272 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 25,000 shares Open-market sale of Common Stock on May 15, 2026
Weighted average sale price $152.50 per share Price for 25,000 shares sold on May 15, 2026
Shares owned after transaction 573,272 shares Directly owned Common Stock following the sale
Sale price range low $152.19 per share Lowest execution price within reported sale range
Sale price range high $153.20 per share Highest execution price within reported sale range
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
beneficially owned financial
"total_shares_following_transaction": "573272.0000""
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Steinfort Matt

(Last)(First)(Middle)
C/O DIGITALOCEAN HOLDINGS, INC.
105 EDGEVIEW DRIVE, SUITE 425

(Street)
BROOMFIELD COLORADO 80021

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DigitalOcean Holdings, Inc. [ DOCN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/15/2026S25,000D$152.5(1)573,272D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $152.19-$153.20, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
/s/ Tiffany Hui, Attorney-in-Fact05/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did DigitalOcean (DOCN) CFO Matt Steinfort report in this Form 4?

CFO Matt Steinfort reported selling 25,000 shares of DigitalOcean Common Stock in an open-market transaction. The sale occurred on May 15, 2026, and was executed at a weighted average price of $152.50 per share, based on multiple trades that day.

How many DigitalOcean (DOCN) shares did the CFO sell and at what price?

He sold 25,000 shares of DigitalOcean Common Stock at a weighted average price of $152.50 per share. A footnote explains that individual trades that day were executed within a price range from $152.19 to $153.20 per share.

How many DigitalOcean (DOCN) shares does the CFO hold after this sale?

After the reported transaction, CFO Matt Steinfort directly owns 573,272 shares of DigitalOcean Common Stock. This figure is shown as the total shares beneficially owned following the sale disclosed in the Form 4 insider trading report.

What type of transaction did the DigitalOcean (DOCN) CFO execute?

The filing classifies the transaction as an open-market sale of Common Stock, coded “S” on the Form 4. This indicates shares were sold in market or private transactions rather than acquired through option exercises, grants, or other non-market mechanisms.

What price range applied to the DigitalOcean (DOCN) CFO’s share sale?

A footnote states the 25,000 shares were sold in several trades at prices ranging from $152.19 to $153.20 per share. The reported transaction price of $152.50 per share represents a weighted average of all these individual executions.