DigitalOcean (DOCN) CAO Cherie Barrett awarded 9,349 RSUs, now holding 71,818 shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Barrett Cherie reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings, Inc. reported that SVP and Chief Accounting Officer Cherie Barrett received a grant of 9,349 shares of common stock in the form of restricted stock units. These RSUs were awarded at no cash cost and increase her direct holdings to 71,818 shares.
The RSUs vest in 16 equal quarterly installments starting on June 1, 2026, as long as Barrett continues her service with the company on each vesting date. This structure ties the award to ongoing employment over a multi‑year period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Barrett Cherie
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,349 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 71,818 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 9,349 shares
Post-transaction holdings: 71,818 shares
Transaction price per share: $0.0000
+2 more
5 metrics
RSUs granted
9,349 shares
Restricted stock units awarded to SVP, Chief Accounting Officer
Post-transaction holdings
71,818 shares
Total common stock beneficially owned directly after grant
Transaction price per share
$0.0000
Reported price for RSU grant (equity compensation, no cash paid)
Vesting schedule
16 quarterly installments
Equal installments beginning June 1, 2026, subject to continuous service
First vesting date
June 1, 2026
Commencement of RSU vesting for the awarded units
Key Terms
restricted stock units ("RSUs"), contingent right, vest in 16 equal quarterly installments, continuous service
4 terms
restricted stock units ("RSUs") financial
"The security represents restricted stock units ("RSUs") granted to the Reporting Person."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock of the Issuer."
vest in 16 equal quarterly installments financial
"The shares underlying these RSUs vest in 16 equal quarterly installments, commencing on June 1, 2026, subject to the Reporting Person's continuous service"
continuous service financial
"commencing on June 1, 2026, subject to the Reporting Person's continuous service with the Issuer on each such date."
FAQ
What insider transaction did DigitalOcean (DOCN) report for Cherie Barrett?
DigitalOcean reported that SVP and Chief Accounting Officer Cherie Barrett received 9,349 restricted stock units. The award represents additional equity compensation and increased her direct common stock holdings to 71,818 shares following the transaction, according to the Form 4/A filing details.
What are the vesting terms of Cherie Barrett’s new DigitalOcean (DOCN) RSUs?
The 9,349 restricted stock units vest in 16 equal quarterly installments, beginning on June 1, 2026. Vesting is contingent on Barrett’s continuous service with DigitalOcean on each vesting date, aligning the equity award with ongoing employment over several years.
Did Cherie Barrett pay a purchase price for the DigitalOcean (DOCN) RSU grant?
No cash purchase price was paid for the RSU grant; the transaction price per share is reported as 0.0000. The award is equity compensation, giving Barrett a contingent right to receive one share of common stock for each restricted stock unit that ultimately vests.
What does each restricted stock unit represent in this DigitalOcean (DOCN) filing?
Each restricted stock unit granted to Cherie Barrett represents a contingent right to receive one share of DigitalOcean common stock. Delivery of the underlying shares depends on satisfaction of the vesting schedule, which runs in 16 quarterly installments starting June 1, 2026.