Form 4: DigitalOcean CRO Sells Shares for Tax Obligations

DigitalOcean's Chief Revenue Officer, Lawrence D'Angelo, disposed of 4,775 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Lawrence M. D'Angelo, Chief Revenue Officer of DigitalOcean Holdings, Inc. (DOCN), reported a disposition of common stock.
• The transaction involved the sale of 4,775 shares of DigitalOcean common stock on September 1, 2025.
• The shares were disposed of at a price of $31.08 per share.
• This disposition was made to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units (RSUs).
• Following this transaction, Mr. D'Angelo beneficially owns 137,047 shares of DigitalOcean common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was a pre-arranged sale.

Sentiment

Score: 5

Explanation: The transaction is a routine, pre-planned sale for tax purposes upon RSU vesting, which is a neutral event regarding the company's operational performance or future prospects. It does not indicate a discretionary sale based on the executive's view of the company.

Positives

• The transaction indicates the vesting of restricted stock units, which is a positive event for the executive as it represents earned compensation.

Negatives

• The disposition of 4,775 shares reduces the direct beneficial ownership of the Chief Revenue Officer in the company.

Future Outlook

No forward-looking statements regarding company performance or guidance were provided in this filing. The transaction itself was pre-planned under a Rule 10b5-1(c) plan.

Management Comments

• No direct management comments on company strategy or performance were included in this filing. The form was signed by Amanda Barry, Attorney-in-Fact, on behalf of Lawrence M. D'Angelo.

Industry Context

This filing reports a routine insider transaction related to executive compensation and does not provide information directly related to broader industry trends or the competitive landscape for DigitalOcean Holdings, Inc.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, pre-planned transaction for tax purposes and does not signal a change in the executive's confidence in the company.

Key Dates

Recommendation

The transaction is a routine, pre-planned sale of shares to cover tax obligations upon the vesting of restricted stock units. It does not reflect a discretionary sale based on the executive's view of the company's future prospects and therefore does not warrant a change in investment recommendation. Investors should continue to evaluate DigitalOcean based on its fundamental performance and market position.

Keywords

DigitalOcean, DOCN, Insider Transaction, Form 4, Stock Sale, Executive Compensation, RSU Vesting, Tax Withholding