Form 4: DigitalOcean Executive Lawrence M. D'Angelo Reports Share Transaction to SEC
SEC Form 4 Filing
Lawrence M. D'Angelo, Chief Revenue Officer of DigitalOcean Holdings, Inc., reports a transaction involving common stock to cover tax obligations.
Summary
- On December 31, 2024, Lawrence M. D'Angelo, the Chief Revenue Officer of DigitalOcean Holdings, Inc. (DOCN), had 2,215 shares of common stock withheld by the issuer to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units.
- The price per share for the transaction was $34.17.
- Following the transaction, D'Angelo directly owns 146,391 shares of DigitalOcean common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It reflects routine compensation practices and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of the reported transaction (stock withholding for tax obligations). |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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