Tax withholding trims DigitalOcean (NYSE: DOCN) CEO stake by 14,785 shares

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

DigitalOcean Holdings, Inc. reported that Chief Executive Officer Srinivasan Padmanabhan T had 14,785 shares of common stock withheld on June 1, 2026 to cover tax obligations tied to vesting restricted stock units. This was recorded as a tax-withholding disposition, not an open-market trade. Following the transaction, he directly holds 788,997 shares of common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Srinivasan Padmanabhan T

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	14,785	$155.95	$2.31M

Holdings After Transaction: Common Stock — 788,997 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 14,785 shares Withholding price per share: $155.95 per share Shares held after transaction: 788,997 shares

3 metrics

Shares withheld for taxes 14,785 shares Tax-withholding disposition on June 1, 2026

Withholding price per share $155.95 per share Value used for tax withholding calculation

Shares held after transaction 788,997 shares CEO direct common stock holdings after withholding

Key Terms

restricted stock units, tax withholding obligations, Form 4

3 terms

restricted stock units financial

"in connection with the non-reportable vesting and settlement of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligations financial

"withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

06/03/2026 - 05:32 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Srinivasan Padmanabhan T

(Last)

(First)

(Middle)

C/O DIGITALOCEAN HOLDINGS, INC.

105 EDGEVIEW DRIVE, SUITE 425

(Street)

BROOMFIELD

COLORADO

80021

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DigitalOcean Holdings, Inc. [ DOCN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/01/2026		F⁽¹⁾		14,785	D	$155.95	788,997	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units.

Remarks:

	/s/ Tiffany Hui, Attorney-in-Fact	06/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did DigitalOcean (DOCN) disclose in this Form 4 for its CEO?

DigitalOcean disclosed that CEO Srinivasan Padmanabhan T had 14,785 shares of common stock withheld to satisfy tax obligations from vesting restricted stock units. This was a tax-withholding event, not a market sale, and reflects routine equity compensation mechanics.

How many DigitalOcean (DOCN) shares were withheld for the CEO’s taxes?

A total of 14,785 DigitalOcean common shares were withheld to cover the CEO’s tax withholding obligations. The withholding price was $155.95 per share, based on the value used to calculate the tax liability tied to restricted stock unit vesting and settlement.

Did the DigitalOcean (DOCN) CEO sell shares on the open market in this filing?

No, the Form 4 reports a tax-withholding disposition, not an open-market sale. Shares were retained by the issuer to satisfy tax obligations from restricted stock unit vesting, a common administrative step in equity compensation rather than a discretionary trade by the executive.

How many DigitalOcean (DOCN) shares does the CEO hold after this transaction?

After the tax-withholding transaction, CEO Srinivasan Padmanabhan T directly holds 788,997 shares of DigitalOcean common stock. This figure reflects his position immediately following the withholding of 14,785 shares used to satisfy personal tax liabilities associated with vested restricted stock units.

What does transaction code F mean in the DigitalOcean (DOCN) CEO Form 4?

Transaction code F indicates a disposition of shares to pay an exercise price or tax liability. In this case, it reflects shares withheld by DigitalOcean to cover the CEO’s tax withholding obligations from non-reportable vesting and settlement of restricted stock units granted as compensation.