Access Industries (DOCN) group sells 3.3M shares in block trade, holds 17.87%
Rhea-AI Filing Summary
Access Industries–affiliated entities filed an amended beneficial ownership report for DigitalOcean Holdings, Inc., showing control over 18,653,451 shares of common stock, or 17.87% of the company based on 104,364,181 shares outstanding as of April 30, 2026.
AI Droplet Holdings LLC directly owns 18,378,199 shares, while related entities AI Droplet Sharing LLC and AI Droplet Subsidiary LLC hold 155,665 and 119,587 shares, respectively. On May 13, 2026, Holdings sold 3,278,988 shares and Subsidiary sold 21,012 shares in an unregistered block sale transaction, updating the group’s reported stake.
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Insights
Large shareholder updates DigitalOcean stake after block sale.
The filing shows Access Industries–related entities collectively beneficially owning 18,653,451 DigitalOcean shares, or 17.87% of the company, using the issuer’s April 30, 2026 share count of 104,364,181. AI Droplet Holdings LLC is the primary holder with 18,378,199 shares.
On May 13, 2026, AI Droplet Holdings LLC sold 3,278,988 shares and AI Droplet Subsidiary LLC sold 21,012 shares in an unregistered block sale transaction. The filing emphasizes shared voting and dispositive power among Access-affiliated entities and Len Blavatnik, with various entities disclaiming beneficial ownership beyond their direct holdings.
This amendment mainly refreshes ownership percentages under Schedule 13D rules following the sales. The group remains a significant shareholder, so future ownership changes or additional block transactions would likely appear in subsequent beneficial ownership amendments.