DigitalOcean (DOCN) CFO awarded 52,356 RSUs vesting from 2026
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Steinfort Matt reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings, Inc. reported that Chief Financial Officer Matt Steinfort received a grant of 52,356 shares of common stock as a restricted stock unit (RSU) award. Each RSU represents a right to receive one share, vesting in 16 equal quarterly installments starting on June 1, 2026, as long as he remains employed. Following this award, he directly holds 598,272 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Steinfort Matt
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 52,356 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 598,272 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 52,356 shares
Transaction price per share: $0.0000 per share
Total shares after transaction: 598,272 shares
+2 more
5 metrics
RSU grant size
52,356 shares
Restricted stock units granted to CFO on March 10, 2026
Transaction price per share
$0.0000 per share
Reported grant price for RSU award
Total shares after transaction
598,272 shares
CFO direct holdings following the award
Vesting installments
16 quarterly installments
Equal vesting of RSUs beginning June 1, 2026
Vesting commencement date
June 1, 2026
First vesting date for RSU award
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"
vest in 16 equal quarterly installments financial
"The shares underlying these RSUs vest in 16 equal quarterly installments"
continuous service financial
"subject to the Reporting Person's continuous service with the Issuer on each such date."
FAQ
What insider transaction did DigitalOcean (DOCN) report for CFO Matt Steinfort?
DigitalOcean reported that CFO Matt Steinfort received a grant of 52,356 restricted stock units. Each RSU represents a right to one share of common stock, subject to future vesting and continued service with the company over time.
How many RSUs did the DigitalOcean (DOCN) CFO receive in this Form 4/A?
The CFO received 52,356 restricted stock units in this transaction. These RSUs are a form of equity compensation and convert into common shares over time as they vest, rather than being an immediate cash or open-market stock purchase.
What is the vesting schedule for the DigitalOcean (DOCN) CFO’s 52,356 RSUs?
The 52,356 RSUs vest in 16 equal quarterly installments starting on June 1, 2026. Each quarter, a portion of the award converts into common shares, contingent on the CFO’s continuous service with DigitalOcean on each vesting date.