Form 4: DigitalOcean Executive Sells Shares for Tax Obligations

DigitalOcean's SVP, Chief Accounting Officer, Cherie Barrett, disposed of 2,639 shares of common stock to cover tax withholding obligations related to RSU vesting.

Summary

• Cherie Barrett, SVP, Chief Accounting Officer of DigitalOcean Holdings, Inc. (DOCN), reported a transaction on December 1, 2025.
• The transaction involved the disposal of 2,639 shares of common stock at a price of $44.52 per share.
• This disposal was executed to satisfy tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units (RSUs).
• Following this transaction, Cherie Barrett beneficially owns 81,797 shares of DigitalOcean common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) pre-planned contract, instruction, or written plan.

Sentiment

Score: 5

Explanation: The transaction is a neutral event, representing a routine tax-related disposal of shares upon RSU vesting, which is a common practice for executive compensation and not indicative of positive or negative sentiment towards the company's prospects.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing represents a routine insider transaction common in publicly traded companies, where executives dispose of shares to cover tax liabilities upon the vesting of restricted stock units. It is a standard compensation-related event and not typically indicative of a change in management's outlook on the company.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and not a market-driven sale by an insider.

Key Dates

Keywords

DigitalOcean, DOCN, Form 4, Insider Transaction, Stock Sale, RSU Vesting, Tax Withholding, Cherie Barrett