DigitalOcean (DOCN) Director Warren Adelman Sells 4,200 Shares

What Happened

• Warren J. Adelman, a director of DigitalOcean Holdings, Inc. (DOCN), sold 4,200 shares on Aug 7, 2026. The reported sale price was $124.01 per share, for total gross proceeds of approximately $520,855. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date and price: Aug 7, 2026 — 4,200 shares at $124.01 each.
• Transaction type: Sale (S) — reported as an open-market or private sale in the filing.
• Filing date: Form 4 filed Aug 11, 2026 (four days after the trade).
• Shares owned after transaction: Not specified in the provided filing summary.
• Notable footnotes: None noted in the supplied transaction data (no 10b5-1 plan, tax withholding, or other special notations provided).

Context

• Sales by directors can be routine (e.g., diversification, tax planning, or liquidity needs) and do not by themselves indicate a change in company fundamentals. Because this was a sale rather than a purchase, it should be interpreted as a disposition of shares rather than a bullish insider purchase signal. Check the full SEC filing for any additional disclosures or late-filing explanations.