Form 4: DigitalOcean Holdings CEO Sells Shares
Insider Transaction (Form 4)
Padmanabhan T Srinivasan, Chief Executive Officer and a Director of DigitalOcean Holdings, Inc., sold 5,697 shares of common stock on September 1, 2026 for $105.73 per share.
Summary
- Tax/exercise-price withholding: disposed of 14,786 Common Stock at $110.59 ($1,635,184) on September 1, 2026; holds 768,514 after (Direct).
- Open-market sale: disposed of 5,697 Common Stock at $105.73 ($602,344) on September 3, 2026; holds 762,817 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $602,344 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Padmanabhan T Srinivasan — Director, Officer (Chief Executive Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-01 | Tax/exercise-price withholding | Common Stock | 14,786 | $111 | $1.6M | 768,514 |
| 2026-09-03 | Open-market sale | Common Stock | 5,697 | $106 | $602.3K | 762,817 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-01 | Tax/exercise-price withholding (14,786 shares) |
| 2026-09-03 | Open-market sale (5,697 shares) |
Keywords
insider transaction, Form 4, DOCN, DigitalOcean Holdings, Inc., bearish, Padmanabhan T Srinivasan
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