DigitalOcean (DOCN) director Adelman sells 4,200 shares at $124.01 each
Rhea-AI Filing Summary
DigitalOcean Holdings, Inc. director Warren J. Adelman reported selling 4,200 shares of common stock on 2026-08-07 in an open market or private transaction at $124.013 per share. Following this sale, he directly holds 67,433 shares of DigitalOcean common stock.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 4,200 shares
Net Sell
1 txn
Insider
Adelman Warren J
Role
Director
Sold
4,200 shs ($521K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,200 | $124.013 | $521K |
Holdings After Transaction:
Common Stock — 67,433 shares (Direct)
Key Figures
Shares sold: 4,200 shares
Sale price per share: $124.013 per share
Shares held after sale: 67,433 shares
+1 more
4 metrics
Shares sold
4,200 shares
Common stock sale on 2026-08-07 by director Warren J. Adelman
Sale price per share
$124.013 per share
Price for the 4,200 DigitalOcean common shares sold
Shares held after sale
67,433 shares
Director’s direct ownership following the reported transaction
Net shares sold
4,200 shares
Net-sell direction from transaction summary for this Form 4
Key Terms
open market or private transaction, Rule 10b5-1, net-sell
3 terms
open market or private transaction financial
"transaction code description notes a sale in open market or private transaction"
Rule 10b5-1 regulatory
"aff_10b5_one indicates the Rule 10b5-1 checkbox status for the filing"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
net-sell financial
"transactionSummary shows a net-sell direction based on 4,200 shares sold"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did DigitalOcean (DOCN) disclose in this Form 4?
DigitalOcean disclosed that director Warren J. Adelman sold 4,200 shares of common stock on 2026-08-07 in a transaction classified as a sale in the open market or a private transaction.
Was the DigitalOcean (DOCN) insider sale under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is marked false, indicating the sale was not reported as executed under a pre-arranged Rule 10b5-1 trading plan, based on the available structured data.