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DigitalOcean (DOCN) Chief Product & Tech Officer granted 32,722 RSUs in Form 4/A

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

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.

Positive

  • None.

Negative

  • None.
Insider Kumar Vinay S.
Role Chief Product & Tech Officer
Type Security Shares Price Value
Grant/Award Common Stock 32,722 $0.00 --
Holdings After Transaction: Common Stock — 312,936 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 32,722 shares Restricted stock units granted to Chief Product & Tech Officer
Grant price $0.00 per share Equity compensation, not an open-market purchase
Post-grant holdings 312,936 shares Total common stock held directly after transaction
Vesting schedule 16 quarterly installments RSUs vest starting June 1, 2026, subject to service
First vesting date June 1, 2026 Commencement of quarterly RSU vesting
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"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kumar Vinay S.

(Last)(First)(Middle)
C/O DIGITALOCEAN HOLDINGS, INC.
105 EDGEVIEW DRIVE, SUITE 425

(Street)
BROOMFIELD COLORADO 80021

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DigitalOcean Holdings, Inc. [ DOCN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Product & Tech Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
03/24/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/10/2026A32,722(1)A$0312,936D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
This amendment is being filed solely to correct the transaction date previously reported in the Form 4 filed on March 24, 2026. The transaction was incorrectly reported as occurring on March 20, 2026; the correct transaction date is March 10, 2026. All other information remains unchanged.
/s/ Tiffany Hui, Attorney-in-Fact06/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DigitalOcean (DOCN) report for Vinay S. Kumar?

DigitalOcean reported that Chief Product & Tech Officer Vinay S. Kumar received a grant of 32,722 restricted stock units. These RSUs are an equity compensation award, not an open-market purchase, and increase his directly held common stock position to 312,936 shares after the transaction.

How many RSUs did the DigitalOcean (DOCN) executive receive in this Form 4/A?

The executive received 32,722 restricted stock units, each representing a right to one share of DigitalOcean common stock. The units were granted at a price of $0.00 per share as compensation and will vest over time, subject to his continued service with the company.

What are the vesting terms of the RSUs granted to the DigitalOcean (DOCN) officer?

The RSUs vest in 16 equal quarterly installments, beginning on June 1, 2026. Vesting on each date requires the reporting person to remain in continuous service with DigitalOcean, so the full award will be delivered gradually over four years if service continues.

Did the DigitalOcean (DOCN) officer buy or sell shares in the market in this filing?

The filing shows an acquisition coded as a grant or award, not a market trade. The 32,722 shares were received through restricted stock units at $0.00 per share, reflecting equity compensation instead of an open-market purchase or sale of existing common stock.

How many DigitalOcean (DOCN) shares does Vinay S. Kumar hold after this RSU grant?

After the reported RSU grant, Vinay S. Kumar holds 312,936 shares of DigitalOcean common stock directly. This figure includes the impact of the new 32,722-share award as reported in the Form 4/A and reflects his updated post-transaction ownership position.

What does each RSU in the DigitalOcean (DOCN) grant represent?

Each restricted stock unit in the grant represents a contingent right to receive one share of DigitalOcean common stock. The units convert into actual shares only as they vest, and vesting depends on the officer’s continuous service with the company through each quarterly vesting date.