SCHNEIDER HILARY 4
Research Summary
AI-generated summary
DigitalOcean (DOCN) Director Hilary Schneider Sells 4,338 Shares
What Happened
Hilary Schneider, a director of DigitalOcean Holdings, Inc. (DOCN), sold 4,338 shares in an open-market disposition on May 15, 2026. The weighted-average price reported was $156.38 per share, for total proceeds of approximately $678,376. This was a sale (code "S") rather than a purchase or award.
Key Details
- Transaction date: 2026-05-15; filing date: 2026-05-19 (filed within the SEC 2-business-day window).
- Price: weighted average $156.38; individual trade prices ranged $156.30–$156.50 (see footnote).
- Shares sold: 4,338; proceeds ≈ $678,376.
- Shares owned after transaction: Not disclosed in this Form 4 filing.
- Footnote: The reported price is a weighted average; the filer can provide the number of shares sold at each price in the stated range upon request.
- Transaction type: Open-market sale (insider sale — often routine; filing gives no reason).
Context
Insider sales are common and can reflect many reasons (liquidity needs, diversification, planned selling). A sale alone does not necessarily indicate a change in company prospects. For purchases, filings can be a clearer signal of insider conviction; here the record shows only a routine open-market sale.