DigitalOcean CEO sells $1.6M in company stock
DigitalOcean’s CEO reported a Rule 10b5-1 planned sale of 11,394 shares at $140, leaving him with 751,423 shares directly held.
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Rhea-AI Filing Summary
DigitalOcean Holdings, Inc. (DOCN) reported that Chief Executive Officer and director Srinivasan Padmanabhan T sold 11,394 shares of common stock on September 21, 2026 in an open-market or private transaction at $140.00 per share. Following this sale, he directly holds 751,423 shares of DigitalOcean common stock. The sale was effected under a previously adopted Rule 10b5-1 trading plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 11,394 | $140.00 | $1.60M |
Footnotes (1)
- F1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
open market or private transaction financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DOCN report for its CEO on this Form 4?
Was the DOCN CEO’s September 2026 stock sale under a Rule 10b5-1 plan?
Is this Form 4 transaction for DOCN a purchase or a sale by the insider?
AI-generated analysis. How Rhea-AI works. Not financial advice.