Matt Steinfort

CFO Matt Steinfort sold 10,000 DOCN shares at $170.07; pre-arranged 10b5-1 plan, routine position management

Matt Steinfort, CFO of DigitalOcean, sold 10,000 shares (10.0K shares) at $170.07 on 2026-06-02 under a pre-arranged 10b5-1 trading plan, reducing his holdings from 548,414 to 538,414 shares. The sale is scheduled, not discretionary, meaning it reflects a pre-determined execution plan rather than a contemporaneous market decision. Steinfort's prior sales at DigitalOcean produced mixed outcomes: a May 2026 sale saw 30-day and 90-day returns of +13.5% each, while a March 2026 sale yielded +62.5% over 30 days and +213.1% over 90 days, indicating the stock has generally moved upward following his prior exits at this ticker. The company maintains solid fundamentals with $257,905,000.00 in quarterly revenue, +15.5% annual growth, and a $18,125,970,956.08 market cap, though the P/E of 76.51 reflects elevated valuation relative to earnings.

CFO Matt Steinfort sold 25,000 DOCN shares at $152.50 on 2026-05-15; stock now $150.02, still +75.2% over 30 days.

Matt Steinfort, DigitalOcean's CFO, sold 25,000 shares (representing -4.2% of his pre-transaction holdings) at $152.50, generating $3,812,500.00 in proceeds. The stock has momentum—up 75.2% over the past 30 days and up 117.9% over 90 days—yet is trading -9.0% below the 52-week high of $164.77 at the current price of $150.02. Notably, Steinfort's only prior sale at DOCN (on 2026-03-03) saw the stock appreciate 166.1% over the following 90 days, and his cross-ticker track record of 1 prior sell shows a 0.00% well-timed rate, meaning prior sells occurred before gains. The substantial recent rally and the CFO's exit during a strong uptrend, combined with the absence of any well-timed sale pattern, warrant observer attention to whether the sale signals a tactical window or reflects underlying valuation constraints.

CFO Matt Steinfort sold 20,000 shares of DOCN at $55.40 (-3.5% of holdings); stock at -19.6% from 52-week high.

Matt Steinfort, CFO of DigitalOcean, sold 20,000 shares for $1,108,000.00, reducing his holdings from 565,916 shares to 545,916 shares. The sale occurred at $55.40, which is -19.6% from the 52-week high of $68.86, and the stock has gained 20.7% over the trailing 90 days. DigitalOcean's recent quarter showed strong fundamentals: $229.6M in revenue with $158.4M net income, 15.5% annual revenue growth, and a P/E of 11.94 on a $5.1B market cap. The CFO's modest disposition (3.5% reduction in holdings) during a period of near-term strength and reasonable valuation warrants standard monitoring but lacks indicators of acute concern.