DigitalOcean CFO Matt Steinfort Discloses 10b5-1 Stock Sale and Tax Withholding

Executive Summary

On September 3, 2026, DigitalOcean Holdings, Inc. ($DOCN) Chief Financial Officer Matt Steinfort reported transactions involving common stock totaling 35,151 shares disposed across two events:

1. Tax Withholding (Code F): On September 1, 2026, 25,151 shares were withheld at $110.69 per share ($2,783,964.19 total) to cover tax withholding obligations upon the vesting of restricted stock units (RSUs).
2. Open Market Sale (Code S): On September 3, 2026, 10,000 shares were sold at $105.73 per share ($1,057,300 total) pursuant to a pre-arranged Rule 10b5-1 trading plan.

Following these transactions, Mr. Steinfort directly retains 503,692 shares of DigitalOcean common stock.

Transaction Details

• Issuer: DigitalOcean Holdings, Inc. ($DOCN)
• Reporting Owner: Matt Steinfort (Chief Financial Officer)
• Transaction Dates: September 1, 2026 & September 3, 2026
• Open Market Sale Value: $1,057,300.00
• Tax Obligation Withholding Value: $2,783,964.19
• Post-Transaction Holdings: 503,692 shares (Direct)

Market & Strategic Context

The open-market sale was executed under a Rule 10b5-1 trading plan, indicating it was scheduled in advance. Combined with standard tax withholding on equity vesting, the disposition does not signal an unexpected shift in executive sentiment. Mr. Steinfort continues to hold a substantial equity stake in the company exceeding 500,000 shares.