Director at DigitalOcean (DOCN) sells 4,338 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DigitalOcean Holdings, Inc. director Hilary Schneider reported an open-market sale of common stock. She sold 4,338 shares on May 15, 2026 at a weighted average price of $156.38 per share, in multiple trades between $156.30 and $156.50. After this transaction, she directly holds 24,323 shares of DigitalOcean common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,338 shares ($678,376)
Net Sell
1 txn
Insider
SCHNEIDER HILARY
Role
null
Sold
4,338 shs ($678K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,338 | $156.38 | $678K |
Holdings After Transaction:
Common Stock — 24,323 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 4,338 shares
Weighted average sale price: $156.38 per share
Post-transaction holdings: 24,323 shares
+2 more
5 metrics
Shares sold
4,338 shares
Open-market sale on May 15, 2026
Weighted average sale price
$156.38 per share
Common stock sale on May 15, 2026
Post-transaction holdings
24,323 shares
Common stock directly held after sale
Price range of trades
$156.30–$156.50
Range of individual sale transactions
Net shares sold
4,338 shares
Net change in buy/sell activity in this filing
Key Terms
open-market sale, weighted average price, Form 4, Common Stock
4 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did DigitalOcean (DOCN) disclose for Hilary Schneider?
DigitalOcean disclosed that director Hilary Schneider sold 4,338 shares of common stock. The sale occurred on May 15, 2026 in an open-market transaction, with shares sold across multiple trades within a narrow price range around $156 per share.
Was Hilary Schneider’s DigitalOcean (DOCN) sale a single trade or multiple trades?
The sale was executed through several trades rather than a single transaction. The Form 4 footnote states the reported price is a weighted average for shares sold between $156.30 and $156.50, and offers to provide full breakdowns of shares sold at each separate price.
What does the weighted average price mean in the DigitalOcean (DOCN) Form 4?
The weighted average price of $156.38 reflects the combined pricing of multiple trades executed between $156.30 and $156.50. Instead of listing each trade individually, the filing reports a single average price, while offering to provide detailed trade-level pricing information upon request.