DigitalOcean CEO reports Form 4 tax-withholding share transaction
DigitalOcean Holdings, Inc. reported a routine insider transaction by its Chief Executive Officer and director.
Rhea-AI Filing Summary
DigitalOcean Holdings, Inc. reported a routine insider transaction by its Chief Executive Officer and director. On 12/01/2025, 11,566 shares of common stock were disposed of at a price of $44.52 per share, identified with transaction code F, which indicates shares withheld to cover taxes. After this transaction, the reporting person beneficially owned 682,128 shares of common stock directly. The company notes that the shares were withheld to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units, rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 11,566 | $44.52 | $515K |
Footnotes (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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DigitalOcean (DOCN) disclose in this Form 4?
Was the DigitalOcean (DOCN) Form 4 transaction an open-market sale?
What does transaction code F mean in the DigitalOcean (DOCN) Form 4?
What is the role of the reporting person in DigitalOcean (DOCN)?
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