Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTRobert Izquierdo, The Motley FoolFri, September 4, 2026 at 9:49 PM GMT+2 4 min readMatt Steinfort, the Chief Financial Officer of DigitalOcean Holdings, Inc. (NYSE:DOCN), disposed of 35,151 shares between September 1, 2026 and September 3, 2026, for a total value of approximately $3.8 million, according to a recent SEC Form 4 filing.Transaction summaryMetricValueTransaction value$3.8 millionShares sold35,151Post-transaction shares (directly held)503,692Post-transaction value$55.1 millionTransaction value based on SEC Form 4 weighted average sale price ($109.28); post-transaction value based on September 03, 2026 market close ($109.40).Key questionsWhat prompted this disposition of common stock?The disposal of 25,151 shares was non-discretionary, executed to satisfy tax withholding obligations associated with the vesting of restricted stock units (RSUs) previously awarded to the executive.What about the remaining 10,000 shares sold?The sale of 10,000 shares was completed under a Rule 10b5-1 trading plan, a mechanism that allows insiders to execute pre-scheduled transactions to manage personal portfolios.How has the stock performed leading up to this CFO disposal?Shares of the cloud computing company were priced at $104.87 as of the September 2, 2026 market close, having generated a 241% total return over the 12-month period ending on the September 3, 2026 transaction date.What is the scale of the insider's remaining financial interest in the company?Following this filing, the CFO retains a direct interest of 503,692 shares, representing an equity holding valued at $55.1 million at recent market prices and a 0.43% stake in the company.Company OverviewMetricValueShare Price (as of market close 2026-09-02)$104.87Market Capitalization$12.0 billionRevenue (TTM)$1.0 billionNet Income (TTM)$235.2 millionCompany SnapshotDigitalOcean provides cloud infrastructure services and developer tools, including computing power, storage, networking capabilities, and managed services designed to enable developers and businesses to build and scale applications efficiently.The company generates revenue through a consumption-based model, offering on-demand cloud infrastructure and platform services that scale with customer usage, supplemented by managed services and premium features for enterprise customers.DigitalOcean serves individual developers, start-ups, and small to mid-sized businesses across North America, Europe, Asia, and beyond, positioning itself as an accessible alternative to larger cloud providers for organizations seeking simplicity and cost-effectiveness.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info