DOCN DigitalOcean Holdings, Inc.
Price Chart
Executive Summary
Two C-suite executives at DigitalOcean (CFO and CEO) and the Chief Accounting Officer engaged in significant share sales and tax-related share surrenders over the past week. The open-market sales totaled $2.3M, with an additional $2.5M in non-cash tax withholding transactions, coinciding with a recent equity grant.
Key Financial Metrics
Actionable Insight
Monitor for further insider selling in coming weeks; assess whether this is routine post-vesting activity or a sign of weakening confidence. Consider pairing with upcoming earnings or guidance updates for context.
Key Facts
- CFO Matt Steinfort sold $1.1M in shares and surrendered $1.8M in shares for tax withholding.
- SVP & Chief Accounting Officer Cherie Barrett sold $1.2M in shares and surrendered $170K for taxes.
- CEO Padmanabhan surrendered $518K in shares for tax obligations.
- All open-market sales occurred at prices between $54.77 and $55.40.
- The sales coincide with a recent grant of 67,223 shares to the CFO and 5,704 to Barrett, suggesting vesting of equity awards.
Financial Impact
$2.3M in open-market selling by insiders, plus $2.5M in tax-related share dispositions
Risk Factors
- Perception of insider pessimism given concentration of sales among top financial executives.
- Potential for increased near-term share price pressure if more insiders follow suit.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (7 trades, 7d window) | cluster-DOCN-1772585490605 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
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May 21, 2026
19d ago
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Insider Cluster
| $158.46 $173.45 | ▼ −9.46% | ▼ −7.80% | $169.32 (−6.85%) |
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May 19, 2026
21d ago
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144
| $150.02 $152.57 | ▲ +1.70% | ▼ −0.55% | $169.32 (+12.86%) |
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May 15, 2026
25d ago
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144
| $154.87 $158.46 | ▲ +2.32% | ▲ +1.35% | $169.32 (+9.33%) |
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Apr 24, 2026
6w ago
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DEFA14A
| $98.95 $108.81 | ▲ +9.96% | ▲ +9.56% | $169.32 (+71.12%) |
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Mar 2, 2026
14w ago
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Insider Cluster
| $58.24 $57.53 | ▲ +1.22% | ▲ +0.01% | $169.32 (−190.73%) |
US Market Status
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