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DigitalOcean exec has 17,507 shares withheld

DigitalOcean’s chief product & tech officer reported company share withholdings to cover tax obligations from RSU vesting, not open-market stock sales.

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DigitalOcean Holdings, Inc. (DOCN) reported that Chief Product & Tech Officer Vinay S. Kumar had company-withheld share dispositions to cover taxes tied to restricted stock unit vesting. On June 30, 2026, 16,702 common shares were withheld at $149.86 per share, and on September 1, 2026, 805 shares were withheld at $110.69 per share. The company states these were payments of tax withholding obligations rather than open-market sales, and notes the June 30 transaction was reported late due to an administrative error.

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Insider Kumar Vinay S.
Role Chief Product & Tech Officer
Type Security Shares Price Value
Tax Withholding Common Stock F2 805 $110.69 $89K
Tax Withholding Common Stock F1 16,702 $149.86 $2.50M
Holdings After Transaction: Common Stock — 294,931 shares (Direct)
Footnotes (2)
  1. F1. The transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units. This transaction is being reported late due to an administrative error.
  2. F2. The transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units.
Shares withheld for taxes (June 30, 2026) 16,702 shares Common stock withheld to satisfy tax withholding obligations from RSU vesting
Per-share withholding price (June 30, 2026) $149.86 per share Price used for tax-withholding disposition of 16,702 shares
Shares withheld for taxes (September 1, 2026) 805 shares Common stock withheld to satisfy tax withholding obligations from RSU vesting
Per-share withholding price (September 1, 2026) $110.69 per share Price used for tax-withholding disposition of 805 shares
Total shares for exercise-price-or-tax-liability transactions 17,507 shares Aggregate shares in two code F tax-withholding dispositions
restricted stock units financial
"in connection with the non-reportable vesting and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withholding of shares financial
"represents the withholding of shares by the Issuer to satisfy"
tax withholding obligations financial
"to satisfy the Reporting Person's tax withholding obligations"
reported late regulatory
"This transaction is being reported late due to an administrative error"

FAQ

What insider transactions did DOCN disclose for Vinay S. Kumar in this Form 4?

The filing reports two dispositions where DigitalOcean withheld shares of common stock to satisfy Vinay S. Kumar’s tax withholding obligations arising from the vesting and settlement of restricted stock units, rather than open-market purchases or sales.

How many DigitalOcean (DOCN) shares were withheld on June 30, 2026?

On June 30, 2026, 16,702 shares of DigitalOcean common stock were withheld at $149.86 per share to satisfy Vinay S. Kumar’s tax withholding obligations related to vesting and settlement of restricted stock units.

How many DigitalOcean (DOCN) shares were withheld on September 1, 2026?

On September 1, 2026, 805 shares of DigitalOcean common stock were withheld at $110.69 per share to satisfy Vinay S. Kumar’s tax withholding obligations in connection with the vesting and settlement of restricted stock units.

Were the DigitalOcean (DOCN) insider transactions open-market sales?

No. Both transactions are described as withholding of shares by the issuer to cover Vinay S. Kumar’s tax withholding obligations from restricted stock unit vesting, not open-market sales or discretionary trading.

Was any DigitalOcean (DOCN) insider transaction reported late in this Form 4?

Yes. The footnote states that the June 30, 2026 withholding of 16,702 shares was reported late because of an administrative error, even though it arose from RSU vesting and settlement.

How many total DigitalOcean (DOCN) shares were used for tax withholding in these transactions?

Across the two reported transactions, 17,507 shares of DigitalOcean common stock (16,702 shares on June 30, 2026 and 805 shares on September 1, 2026) were withheld to satisfy tax withholding obligations related to RSU vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Kumar Vinay S.

(Last)(First)(Middle)
C/O DIGITALOCEAN HOLDINGS, INC.
105 EDGEVIEW DRIVE, SUITE 425

(Street)
BROOMFIELD COLORADO 80021

(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
XOfficer (give title below)Other (specify below)
Chief Product & Tech Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form 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 Stock06/30/2026F(1)16,702D$149.86295,736D
Common Stock09/01/2026F(2)805D$110.69294,931D
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
Explanation of Responses:
1. The transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units. This transaction is being reported late due to an administrative error.
2. The transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units.
Remarks:
/s/ Tiffany Hui, Attorney-in-Fact09/03/2026
** 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)