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DigitalOcean (DOCN) CEO sale under 10b5-1 leaves 783K shares

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

DigitalOcean Holdings, Inc. (DOCN) reported that Chief Executive Officer and director Srinivasan Padmanabhan T sold 5,697 shares of common stock on August 17, 2026 in an open-market or private transaction at a price of $129.11 per share. The transaction was effected pursuant to a previously adopted Rule 10b5-1 trading plan. Following this sale, he directly holds 783,300 shares of DigitalOcean common stock.

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Insights

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Insider Srinivasan Padmanabhan T
Role Chief Executive Officer
Sold 5,697 shs ($736K)
Type Security Shares Price Value
Sale Common Stock F1 5,697 $129.11 $736K
Holdings After Transaction: Common Stock — 783,300 shares (Direct)
Footnotes (1)
  1. F1. 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 5,697 shares Common Stock sale on August 17, 2026 by CEO Srinivasan Padmanabhan T
Sale price per share $129.11 per share Price for the 5,697-share Common Stock sale on August 17, 2026
Shares held after transaction 783,300 shares Direct Common Stock holdings of the CEO following the sale
Net shares sold in filing 5,697 shares Transaction summary net buy/sell shares reported as net-sell
Number of sale transactions 1 transaction Single reported non-derivative sale of Common Stock in this Form 4
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.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
reporting person regulatory
"previously adopted by the Reporting Person"

FAQ

What insider transaction did DOCN report for CEO Srinivasan Padmanabhan T?

DigitalOcean (DOCN) reported that CEO Srinivasan Padmanabhan T sold 5,697 shares of common stock. The sale occurred on August 17, 2026 as an open-market or private transaction at $129.11 per share under a Rule 10b5-1 trading plan.

How many DOCN shares does the CEO hold after the reported Form 4 sale?

After the reported sale, CEO Srinivasan Padmanabhan T directly holds 783,300 shares of DigitalOcean common stock. This post-transaction holding reflects his remaining direct ownership position following the sale of 5,697 shares on August 17, 2026.

At what price were the DOCN shares sold in the August 17, 2026 transaction?

The 5,697 DigitalOcean (DOCN) shares were sold at a price of $129.11 per share. The Form 4 describes the transaction code as a sale in an open market or private transaction, executed pursuant to a Rule 10b5-1 trading plan.

Was the DOCN CEO’s August 2026 stock sale under a Rule 10b5-1 plan?

Yes. The reported sale of 5,697 DOCN shares by CEO Srinivasan Padmanabhan T was effected under a Rule 10b5-1 trading plan. A footnote states the plan was previously adopted by the reporting person before the transaction date.

How many DOCN insider sales are reported in this Form 4 filing?

This Form 4 reports one insider sale transaction for DigitalOcean (DOCN). The transaction summary shows a sell count of 1 and total 5,697 shares sold, with no reported purchases, exercises, gifts, or derivative transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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*
Srinivasan Padmanabhan T

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026
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 Stock08/17/2026S(1)5,697D$129.11783,300D
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 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-Fact08/19/2026
** 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)