STOCK TITAN

DigitalOcean (DOCN) exec has 498 shares withheld to cover RSU tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DigitalOcean Holdings, Inc. reported a Form 4 for Chief Product & Tech Officer Vinay S. Kumar showing a tax-related share disposition. On this date, 498 shares of common stock were withheld by the company to cover his tax obligations from the vesting of restricted stock units. After this withholding, he directly holds 312,438 shares of DigitalOcean common stock. This event reflects a compensation-related tax withholding rather than an open-market trade.

Positive

  • None.

Negative

  • None.
Insider Kumar Vinay S.
Role Chief Product & Tech Officer
Type Security Shares Price Value
Tax Withholding Common Stock 498 $155.95 $78K
Holdings After Transaction: Common Stock — 312,438 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for tax 498 shares Tax-withholding disposition on common stock
Price per share $155.95 per share Value used for 498-share tax-withholding transaction
Shares held after transaction 312,438 shares Direct holdings after tax withholding
Tax-withholding share count 498 shares Reported in transactionSummary as taxWithholdingShares
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"
withholding of shares financial
"The transaction reported represents the withholding of shares by the Issuer"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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SEC Form 4
FORM 4UNITED 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*
Kumar Vinay S.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Product & Tech 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026F(1)498D$155.95312,438D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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-Fact06/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did DigitalOcean (DOCN) report for Vinay S. Kumar?

DigitalOcean reported that Chief Product & Tech Officer Vinay S. Kumar had 498 common shares withheld. The shares satisfied tax obligations arising from vesting restricted stock units, and were not part of an open-market purchase or sale.

How many DigitalOcean (DOCN) shares were withheld for taxes in this Form 4?

The Form 4 shows 498 shares of DigitalOcean common stock were withheld. The issuer used these shares to cover Vinay S. Kumar’s tax withholding obligations tied to the vesting and settlement of restricted stock units.

How many DigitalOcean (DOCN) shares does Vinay S. Kumar hold after this transaction?

Following the tax-withholding transaction, Vinay S. Kumar directly holds 312,438 shares of DigitalOcean common stock. This figure reflects his position after 498 shares were withheld to satisfy tax obligations on vested restricted stock units.

Was the DigitalOcean (DOCN) insider transaction an open-market sale or purchase?

The transaction was not an open-market sale or purchase. It was a tax-withholding disposition, where 498 shares were withheld by DigitalOcean to cover Vinay S. Kumar’s tax obligations from vesting restricted stock units.

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

The F transaction code indicates a tax-withholding disposition. In this case, 498 DigitalOcean shares were delivered back to the issuer to satisfy Vinay S. Kumar’s tax liability related to the vesting and settlement of restricted stock units.