STOCK TITAN

DigitalOcean CFO sells 10,000 shares at $105.73

DigitalOcean’s CFO had shares withheld for taxes and sold additional stock under a pre-arranged Rule 10b5-1 trading plan.

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

DigitalOcean Holdings, Inc. (DOCN) reported that its Chief Financial Officer, Matt Steinfort, disposed of common stock in two separate Form 4 events. On September 1, 2026, 25,151 shares were withheld by the company to satisfy his tax withholding obligations upon vesting of restricted stock units. On September 3, 2026, he sold 10,000 shares of common stock at $105.73 per share in a sale effected pursuant to a previously adopted Rule 10b5-1 trading plan.

Positive

  • None.

Negative

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Insights

Analyzing...

Insider Steinfort Matt
Role Chief Financial Officer
Sold 10,000 shs ($1.06M)
Type Security Shares Price Value
Sale Common Stock F2 10,000 $105.73 $1.06M
Tax Withholding Common Stock F1 25,151 $110.69 $2.78M
Holdings After Transaction: Common Stock — 503,692 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.
  2. F2. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
Shares sold 10,000 shares Common stock sale on September 3, 2026 by the CFO
Sale price per share $105.73 per share Price for 10,000-share sale on September 3, 2026
Shares withheld for taxes 25,151 shares Shares withheld on September 1, 2026 to satisfy tax withholding obligations
Tax withholding reference price $110.69 per share Reference price for 25,151-share tax withholding disposition on September 1, 2026
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"

FAQ

What insider transactions did DigitalOcean (DOCN) disclose for CFO Matt Steinfort?

DigitalOcean disclosed that CFO Matt Steinfort had 25,151 shares withheld on September 1, 2026 to cover tax obligations from vesting RSUs, and separately sold 10,000 shares on September 3, 2026 at $105.73 per share under a previously adopted Rule 10b5-1 trading plan.

How many DigitalOcean (DOCN) shares did the CFO sell in the open market?

The CFO sold 10,000 shares of DigitalOcean common stock on September 3, 2026. The transaction was reported as a sale in the open market or a private transaction at a price of $105.73 per share, executed under a Rule 10b5-1 trading plan.

What was the purpose of the 25,151-share disposition reported by DigitalOcean (DOCN)?

The disposition of 25,151 shares of DigitalOcean common stock on September 1, 2026 represented shares withheld by the company to satisfy the CFO’s tax withholding obligations related to the non-reportable vesting and settlement of restricted stock units.

Were DigitalOcean (DOCN) insider sales made under a Rule 10b5-1 trading plan?

Yes. The Form 4 states that the 10,000-share sale on September 3, 2026 was effected pursuant to a previously adopted Rule 10b5-1 trading plan, indicating the transaction followed a pre-arranged trading schedule.

Did the Form 4 state the CFO’s DigitalOcean (DOCN) holdings after these transactions?

No. For both the 25,151-share tax withholding on September 1, 2026 and the 10,000-share sale on September 3, 2026, the Form 4 does not state a total number of DigitalOcean shares held following the transactions.

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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).
X
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*
Steinfort Matt

(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 Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
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 Stock09/01/2026F(1)25,151D$110.69513,692D
Common Stock09/03/2026S(2)10,000D$105.73503,692D
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.
2. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
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)