Form 4: DigitalOcean CRO Sells Shares for Tax Obligations

DigitalOcean's Chief Revenue Officer, Lawrence M. 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 transaction on December 1, 2025.
• The transaction involved the disposition of 4,775 shares of DigitalOcean common stock.
• This disposition was a withholding by the issuer to satisfy tax obligations in connection with the vesting and settlement of restricted stock units.
• The shares were valued at $44.52 per share for the purpose of this tax withholding.
• Following this transaction, D'Angelo beneficially owns 132,272 shares of DigitalOcean common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposition of shares following RSU vesting, which is a neutral event for the company's operational performance but indicates executive compensation vesting.

Positives

• The transaction indicates the vesting and settlement of restricted stock units (RSUs) for the Chief Revenue Officer, which is a positive compensation event for the executive.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related sale, not a discretionary sale indicating a change in management's confidence in the company.

Key Dates

Recommendation

The filing details a routine insider transaction where the Chief Revenue Officer disposed of shares to cover tax obligations upon the vesting of restricted stock units. This is a standard compensation event and does not reflect a discretionary sale or change in the company's fundamental outlook, thus warranting a 'hold' recommendation.

Keywords

DigitalOcean, DOCN, Form 4, insider transaction, stock sale, tax withholding, restricted stock units, RSU, Lawrence D'Angelo, Chief Revenue Officer