DigitalOcean CAO sells 3,985 shares at $105.73
DigitalOcean’s chief accounting officer reported a Rule 10b5-1 sale and tax-related share withholding in early September 2026.
Rhea-AI Filing Summary
DigitalOcean Holdings, Inc. (DOCN) reported that its SVP and Chief Accounting Officer, Cherie Barrett, disposed of common stock in early September 2026. On September 3, 2026, she sold 3,985 shares of common stock at $105.73 per share in a market transaction effected under a Rule 10b5-1 trading plan. On September 1, 2026, 3,103 shares were withheld by DigitalOcean to satisfy Barrett’s tax withholding obligations related to the vesting and settlement of restricted stock units.
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Insider Trade Summary 10b5-1
Net Seller: 3,985 shares
Net Sell
2 txns
Insider
Barrett Cherie
Role
SVP, Chief Accounting Officer
Sold
3,985 shs ($421K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 3,985 | $105.73 | $421K |
| Tax Withholding | Common Stock F1 | 3,103 | $110.69 | $343K |
Holdings After Transaction:
Common Stock — 58,399 shares (Direct)
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.
- F2. 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
Shares sold: 3,985 shares
Sale price: $105.73 per share
Shares withheld for taxes: 3,103 shares
+3 more
6 metrics
Shares sold
3,985 shares
Common stock sale reported for September 3, 2026
Sale price
$105.73 per share
Common stock sale of 3,985 shares on September 3, 2026
Shares withheld for taxes
3,103 shares
Shares withheld to satisfy tax obligations on September 1, 2026
Value used for tax withholding
$110.69 per share
Per-share value for 3,103 shares withheld for tax obligations
Net shares sold (excluding tax withholding)
3,985 shares
Net shares sold in market transaction, not counting tax-related withholding
Shares used for tax withholding events
3,103 shares
Shares delivered or withheld to satisfy tax obligations from RSU vesting
Key Terms
Rule 10b5-1 trading plan, restricted stock units, tax withholding obligations
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
tax withholding obligations financial
"to satisfy the Reporting Person's tax withholding obligations in connection with the"
FAQ
What insider transactions did DOCN report for Cherie Barrett in this Form 4?
DOCN reported that Cherie Barrett sold 3,985 shares of common stock on September 3, 2026, and had 3,103 shares withheld on September 1, 2026, to cover tax withholding obligations from vesting restricted stock units.
At what prices were the DOCN insider transactions reported?
The Form 4 reports a sale of 3,985 shares at $105.73 per share on September 3, 2026, and a tax-related withholding of 3,103 shares valued at $110.69 per share on September 1, 2026.
Was the DOCN insider sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 states that the 3,985-share sale on September 3, 2026 was effected pursuant to a previously adopted Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.