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.
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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.
Insider Trade Summary
| 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 |
Footnotes (2)
- 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.
- 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.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
reported late regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did DOCN disclose for Vinay S. Kumar in this Form 4?
Were the DigitalOcean (DOCN) insider transactions open-market sales?
Was any DigitalOcean (DOCN) insider transaction reported late in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.