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.
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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.
Insider Trade Summary 10b5-1
| 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 |
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
Key Terms
Rule 10b5-1 trading plan regulatory
restricted stock units financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did DigitalOcean (DOCN) disclose for CFO Matt Steinfort?
Were DigitalOcean (DOCN) insider sales made under a Rule 10b5-1 trading plan?
Did the Form 4 state the CFO’s DigitalOcean (DOCN) holdings after these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.