[Form 4] DigitalOcean Holdings, Inc. Insider Trading Activity
DigitalOcean Holdings insider transaction: Chief Revenue Officer Lawrence M. D'Angelo had 4,775 shares withheld at a price of $31.08 as payment for tax withholding related to the vesting and settlement of restricted stock units. After the withholding, the reporting person beneficially owned 137,047 shares of DigitalOcean (DOCN).
The filing shows this activity represents a routine compensation-related settlement rather than an open-market sale or purchase. The report identifies the nature of the transaction explicitly as withholding to satisfy tax obligations on RSU vesting.
- Continued insider ownership: Reporting person retains 137,047 shares after withholding, indicating ongoing alignment with shareholders
- Transaction was administrative: Withholding to satisfy tax on RSU vesting, not an open-market sale
- None.
Insights
TL;DR: Routine RSU tax-withholding reduced shares by 4,775; remaining beneficial ownership is 137,047 shares, indicating continued insider alignment.
This Form 4 documents a non-market, compensation-driven reduction in share count for the reporting insider. Withholding of 4,775 shares at $31.08 is an administrative action to meet tax obligations from RSU settlement and does not represent a voluntary sale or change in strategic ownership. The remaining beneficial stake of 137,047 shares remains intact, so there is no new liquidity or market-disposal signal for investors.
TL;DR: Transaction is administrative tax withholding on vested RSUs, a routine governance event with no policy red flags.
The filing specifies the withholding occurred to satisfy tax obligations upon non-reportable vesting and settlement of restricted stock units. This is standard practice and consistent with equity compensation plans. There is no indication of accelerated vesting, related-party transfer, or other governance concerns in the disclosed information.