DigitalOcean (DOCN) SVP, Chief Accounting Officer reports 2,639-share tax withholding
Rhea-AI Filing Summary
DigitalOcean Holdings, Inc. officer and Senior Vice President, Chief Accounting Officer reported an automatic share withholding related to equity compensation. On 12/01/2025, the reporting person had 2,639 shares of common stock withheld by the company at a price of $44.52 per share to cover tax obligations arising from the vesting and settlement of restricted stock units. After this tax-related withholding, the insider directly beneficially owned 81,797 shares of DigitalOcean common stock.
Positive
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FAQ
What insider transaction did DigitalOcean (DOCN) report in this Form 4?
The Form 4 reports that a DigitalOcean officer had 2,639 shares of common stock withheld on 12/01/2025 at $44.52 per share to satisfy tax withholding obligations tied to vested restricted stock units.
Who is the reporting person in this DigitalOcean (DOCN) Form 4 and what is their role?
The reporting person is an officer of DigitalOcean Holdings, Inc., serving as SVP, Chief Accounting Officer, and is filing individually.
How many DigitalOcean (DOCN) shares does the insider own after the reported transaction?
Following the tax withholding transaction, the reporting person directly beneficially owned 81,797 shares of DigitalOcean common stock.
Was the DigitalOcean (DOCN) Form 4 transaction a sale on the open market?
No. The explanation states the transaction reflects shares withheld by the issuer to satisfy the reporting person’s tax withholding obligations from the vesting and settlement of restricted stock units, rather than an open-market sale.
What type of security is involved in this DigitalOcean (DOCN) insider transaction?
The transaction involves DigitalOcean common stock, tied to the vesting and settlement of restricted stock units granted to the officer.