DigitalOcean CPTO Vinay S. Kumar Disposes of Shares for Tax Withholding
DigitalOcean Holdings, Inc.
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Filing Summary
DigitalOcean Holdings, Inc. ($DOCN) Form 4 Filing Insider: Kumar Vinay S. (Chief Product & Tech Officer) Transaction: Disposed 40,022 shares of Common Stock at $135.01 per share ($5,403,370.22 total value) via Code F (Tax Withholding). Post-Transaction Holdings: 254,909 shares Significance: Low (Mandatory tax withholding associated with RSU vesting)
Comprehensive Analysis
Executive Summary
On October 2, 2026, DigitalOcean Holdings, Inc. ($DOCN) filed a Form 4 reporting that Chief Product & Tech Officer Vinay S. Kumar disposed of 40,022 shares of Common Stock on September 30, 2026. The transaction was conducted at an average price of $135.01 per share, representing an aggregate value of approximately $5,403,370.22.
Transaction Details
- Security: Common Stock
- Transaction Code: F (Payment of exercise price or tax liability by withholding securities)
- Shares Disposed: 40,022 shares
- Execution Price: $135.01 per share
- Remaining Holdings: 254,909 shares held directly
Context & Market Significance
This disposition does not represent an open-market sale or discretionary portfolio adjustment by the insider. As noted in the filing footnotes, the shares were withheld by the issuer to satisfy applicable tax withholding obligations triggered by the non-reportable vesting and settlement of restricted stock units (RSUs). Because the transaction was non-discretionary and administrative in nature, its trading significance is evaluated as Low.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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