DigitalOcean (DOCN) 10% owner affiliates sell 3.3M shares at $150.30
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.
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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 Trade Summary
| 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 | -- | -- | -- |
Footnotes (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.