DigitalOcean (DOCN) SVP Cherie Barrett Sells 4,456 Shares

What Happened
Cherie Barrett, Senior Vice President and Chief Accounting Officer of DigitalOcean Holdings, sold 4,456 shares of DOCN stock in an open-market disposition on 2026-08-13. The shares were sold at $132.37 per share for a total proceeds of approximately $589,841. This was a sale (not a purchase); such sales are often routine and can be pre-arranged.

Key Details

• Transaction date and price: 2026-08-13, 4,456 shares at $132.37 per share.
• Total proceeds: $589,841.
• Shares owned after transaction: Not reported in this Form 4.
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
• Filing/timeliness: Form filed 2026-08-17 — appears to be filed within the standard two business-day window for Form 4.

Context
A 10b5-1 plan allows insiders to sell shares according to a pre-set schedule, which can indicate the trade was pre-arranged rather than prompted by recent company developments. Sales reduce an insider's holdings but do not, by themselves, indicate a change in view about the company’s prospects.