Bratin Saha - 17 Mar 2025 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Signature
/s/ Zahrah Devji, Attorney-in-Fact
Issuer symbol
DOCN
Transactions as of
17 Mar 2025
Net transactions value
-$256,169
Form type
4
Filing time
19 Mar 2025, 16:16:58 UTC
Previous filing
19 Feb 2025
Next filing
28 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Tax liability $111,554 -3,085 -0.84% $36.16 362,644 17 Mar 2025 Direct F1
transaction DOCN Common Stock Sale $144,615 -3,948 -1.1% $36.63 358,696 18 Mar 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 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.
F2 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.