DigitalOcean officer receives 32,722 RSU award
Kumar Vinay S. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Kumar Vinay S. reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings, Inc. reported that Chief Product & Tech Officer Vinay S. Kumar received a grant of 32,722 shares of common stock in the form of restricted stock units. The grant was recorded at a price of $0.00 per share, reflecting equity compensation rather than a market purchase.
Each RSU represents a contingent right to receive one share of common stock and will vest in 16 equal quarterly installments starting on June 1, 2026, as long as Kumar continues his service with the company on each vesting date. After this award, he directly holds 312,936 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,722 | $0.00 | $0.00 |
Footnotes (1)
- F1. The security represents restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The shares underlying these RSUs vest in 16 equal quarterly installments, commencing on June 1, 2026, subject to the Reporting Person's continuous service with the Issuer on each such date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
contingent right financial
vest in 16 equal quarterly installments financial
continuous service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DigitalOcean (DOCN) report for Vinay S. Kumar?
How many RSUs did the DigitalOcean (DOCN) executive receive in this Form 4/A?
What are the vesting terms of the RSUs granted to the DigitalOcean (DOCN) officer?
What does each RSU in the DigitalOcean (DOCN) grant represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.