STOCK TITAN

DigitalOcean (DOCN) 10% owner affiliates sell 3.3M shares at $150.30

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

Rhea-AI Filing Summary

DigitalOcean Holdings, Inc. reported that entities affiliated with its 10% owners conducted large insider sales of common stock. On May 13, 2026, AI Droplet–related LLCs sold a total of 3,300,000 shares of DigitalOcean common stock at $150.30 per share in an unregistered block sale under Rule 144.

Following these sales, one AI Droplet entity held 18,378,199 shares, another held 119,587 shares, and a further LLC reported 155,665 shares, all as indirect holdings. Access Industries Management, Access Industries Holdings and Len Blavatnik may be deemed beneficial owners through their control of these LLCs but each disclaims beneficial ownership except to the extent of any pecuniary interest.

Positive

  • None.

Negative

  • None.

Insights

Affiliated 10% holders sold 3.3M DigitalOcean shares but kept large stakes.

Affiliated AI Droplet entities associated with Access Industries executed open-market sales totaling 3,300,000 shares of DigitalOcean common stock at $150.30 per share in an unregistered block trade under Rule 144. These are classic insider disposals by large shareholders.

Despite the sizable sale, the filing shows substantial remaining indirect positions, including 18,378,199 shares in one LLC and additional blocks of 119,587 and 155,665 shares. The entities and Len Blavatnik may be deemed beneficial owners through control structures, while formally disclaiming beneficial ownership beyond any pecuniary interest.

Because the sale occurred via a Rule 144 block transaction, it reflects negotiated secondary-market liquidity for existing holders rather than issuance of new shares by the company. Future filings will indicate whether these sales represent a one-time liquidity event or part of a broader reduction by this shareholder group.

Insider Access Industries Holdings LLC, ACCESS INDUSTRIES MANAGEMENT, LLC, AI Droplet Holdings LLC, AI Droplet Sharing LLC, AI Droplet Subsidiary LLC, Blavatnik Len
Role null | null | null | null | null | null
Sold 3,300,000 shs ($495.99M)
Type Security Shares Price Value
Sale Common Stock 3,278,988 $150.30 $492.83M
Sale Common Stock 21,012 $150.30 $3.16M
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 18,378,199 shares (Indirect, By LLC)
Footnotes (1)
  1. The shares of common stock were sold in an unregistered block sale transaction pursuant to Rule 144 under the Securities Act of 1933, as amended, at a price per share of $150.30. Each of the reporting persons (other than the direct holder) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities. The securities reported are held directly by AI Droplet Holdings LLC ("Holdings") and may be deemed to be beneficially owned by Access Industries Management, LLC ("AIM") and Len Blavatnik because (i) AIM is the sole manager of Holdings and (ii) Len Blavatnik controls AIM and a majority of the outstanding voting interests in Holdings. The securities reported are held directly by AI Droplet Subsidiary LLC ("Subsidiary") and may be deemed to be beneficially owned by AIM, Holdings and Len Blavatnik because (i) AIM is the sole manager of Subsidiary and Holdings, (ii) Holdings owns all of the equity interests in Subsidiary and (iii) Len Blavatnik controls AIM and a majority of the outstanding voting interests in Holdings. The securities reported are held directly by AI Droplet Sharing LLC ("Sharing") and may be deemed to be beneficially owned by AIM, Access Industries Holdings LLC ("AIH") and Len Blavatnik because (i) AIM is the sole manager of Sharing and AIH, (ii) AIH controls all of the outstanding voting interests in Sharing and (iii) Len Blavatnik controls AIM and a majority of the outstanding. voting interests in AIH.
Shares sold 3,300,000 shares Total insider sales on May 13, 2026
Sale price $150.30 per share Unregistered block sale under Rule 144
Remaining holdings (Subsidiary LLC) 18,378,199 shares Indirect ownership following transaction
Remaining holdings (LLC block 2) 119,587 shares Indirect ownership following transaction
Reported holding (LLC block 3) 155,665 shares Indirect ownership holding entry
Net share change -3,300,000 shares Net buy/sell direction is net-sell
unregistered block sale transaction financial
"The shares of common stock were sold in an unregistered block sale transaction pursuant to Rule 144"
Rule 144 regulatory
"unregistered block sale transaction pursuant to Rule 144 under the Securities Act of 1933"
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.
beneficial ownership financial
"disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of its or his pecuniary interest therein"
indirect ownership financial
"The securities reported are held directly by AI Droplet Holdings LLC and may be deemed to be beneficially owned"
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*
Access Industries Holdings LLC

(Last)(First)(Middle)
C/O ACCESS INDUSTRIES, INC.
40 WEST 57TH STREET, 28TH FL

(Street)
NEW YORK NEW YORK 10019

(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
Officer (give title below)XOther (specify below)
Affiliate of 10% Owner
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm 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 Stock05/13/2026S3,278,988(1)D$150.318,378,199I(2)(3)By LLC
Common Stock05/13/2026S21,012(1)D$150.3119,587I(2)(4)By LLC
Common Stock155,665I(2)(5)By LLC
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
1. Name and Address of Reporting Person*
Access Industries Holdings LLC

(Last)(First)(Middle)
C/O ACCESS INDUSTRIES, INC.
40 WEST 57TH STREET, 28TH FL

(Street)
NEW YORK NEW YORK 10019

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
Officer (give title below)XOther (specify below)
Affiliate of 10% Owner
1. Name and Address of Reporting Person*
ACCESS INDUSTRIES MANAGEMENT, LLC

(Last)(First)(Middle)
C/O ACCESS INDUSTRIES, INC.
40 WEST 57TH STREET, 28TH FLOOR

(Street)
NEW YORK NEW YORK 10019

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
Officer (give title below)XOther (specify below)
Affiliate of 10% Owner
1. Name and Address of Reporting Person*
AI Droplet Holdings LLC

(Last)(First)(Middle)
C/O ACCESS INDUSTRIES, INC.
40 WEST 57TH ST, 28TH FL

(Street)
NEW YORK NEW YORK 10019

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
AI Droplet Sharing LLC

(Last)(First)(Middle)
C/O ACCESS INDUSTRIES, INC.
40 WEST 57TH ST, 28TH FL

(Street)
NEW YORK NEW YORK 10019

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
AI Droplet Subsidiary LLC

(Last)(First)(Middle)
C/O ACCESS INDUSTRIES, INC.
40 WEST 57TH STREET, 28TH FL

(Street)
NEW YORK NEW YORK 10019

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Blavatnik Len

(Last)(First)(Middle)
C/O ACCESS INDUSTRIES, INC.
40 WEST 57TH STREET, 28TH FL

(Street)
NEW YORK NEW YORK 10019

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
Director10% Owner
Officer (give title below)XOther (specify below)
Affiliate of 10% Owner
Explanation of Responses:
1. The shares of common stock were sold in an unregistered block sale transaction pursuant to Rule 144 under the Securities Act of 1933, as amended, at a price per share of $150.30.
2. Each of the reporting persons (other than the direct holder) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any such securities.
3. The securities reported are held directly by AI Droplet Holdings LLC ("Holdings") and may be deemed to be beneficially owned by Access Industries Management, LLC ("AIM") and Len Blavatnik because (i) AIM is the sole manager of Holdings and (ii) Len Blavatnik controls AIM and a majority of the outstanding voting interests in Holdings.
4. The securities reported are held directly by AI Droplet Subsidiary LLC ("Subsidiary") and may be deemed to be beneficially owned by AIM, Holdings and Len Blavatnik because (i) AIM is the sole manager of Subsidiary and Holdings, (ii) Holdings owns all of the equity interests in Subsidiary and (iii) Len Blavatnik controls AIM and a majority of the outstanding voting interests in Holdings.
5. The securities reported are held directly by AI Droplet Sharing LLC ("Sharing") and may be deemed to be beneficially owned by AIM, Access Industries Holdings LLC ("AIH") and Len Blavatnik because (i) AIM is the sole manager of Sharing and AIH, (ii) AIH controls all of the outstanding voting interests in Sharing and (iii) Len Blavatnik controls AIM and a majority of the outstanding. voting interests in AIH.
/s/ Alejandro Moreno for Access Industries Holdings LLC05/15/2026
/s/ Alejandro Moreno for Access Industries Management, LLC05/15/2026
/s/ Alejandro Moreno for AI Droplet Holdings LLC05/15/2026
/s/ Alejandro Moreno for AI Droplet Sharing LLC05/15/2026
/s/ Alejandro Moreno for AI Droplet Subsidiary LLC05/15/2026
/s/ Alejandro Moreno as Attorney-in-Fact for Mr. Blavatnik05/15/2026
** 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 insider share sales in DigitalOcean (DOCN) are disclosed in this Form 4?

The Form 4 reports that AI Droplet–related LLCs sold a total of 3,300,000 shares of DigitalOcean common stock on May 13, 2026 at $150.30 per share in an unregistered block sale conducted under Rule 144.

What is the sale price per share for the DigitalOcean (DOCN) insider transactions?

The insider sales were executed at a price of $150.30 per share. According to the filing, the transactions were structured as an unregistered block sale under Rule 144, which governs resales of restricted and control securities by affiliates and large holders.

How many DigitalOcean (DOCN) shares do the AI Droplet entities hold after the transactions?

After the reported sales, one AI Droplet entity holds 18,378,199 shares, another holds 119,587 shares, and a further LLC reports 155,665 shares. All of these positions are reported as indirect ownership through limited liability companies.

Was the DigitalOcean (DOCN) insider sale a registered offering or a Rule 144 transaction?

The filing states the shares were sold in an unregistered block sale transaction under Rule 144 of the Securities Act of 1933. That means the sale involved resales of existing shares by insiders, rather than a new registered issuance by DigitalOcean itself.