[Form 4] DigitalOcean Holdings, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JENSON WARREN reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings director Warren Jenson received a grant of 1,223 restricted stock units (RSUs) of common stock. The award was made under the company’s non-employee director compensation policy at no cash cost to Jenson and increases his directly held shares to 33,720.
Each RSU represents a right to receive one share of DigitalOcean common stock. These RSUs will vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual stockholders’ meeting, as long as Jenson continues serving the company through that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JENSON WARREN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,223 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,720 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,223 units
Grant price: $0.0000 per share
Shares after transaction: 33,720 shares
+1 more
4 metrics
RSUs granted
1,223 units
Restricted stock units granted to Warren Jenson
Grant price
$0.0000 per share
Compensation grant, no cash paid by director
Shares after transaction
33,720 shares
Total DigitalOcean common stock held directly after grant
Vesting trigger date
2027 annual stockholders’ meeting
Alternative vesting date, earlier of first anniversary or this meeting
Key Terms
restricted stock units ("RSUs"), non-employee director compensation policy, contingent right, continuous service, +1 more
5 terms
restricted stock units ("RSUs") financial
"The security represents restricted stock units ("RSUs") issued 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.
non-employee director compensation policy financial
"issued to the Reporting Person pursuant to the annual grant under the Issuer's non-employee director compensation policy"
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
continuous service financial
"subject to the Reporting Person's continuous service with the Issuer through the applicable vesting date"
annual stockholders' meeting financial
"the date of the Issuer's 2027 annual stockholders' meeting"
FAQ
What did Warren Jenson report in this DigitalOcean (DOCN) Form 4 filing?
Warren Jenson reported receiving 1,223 restricted stock units of DigitalOcean common stock. The grant was made under the non-employee director compensation policy and increased his direct holdings to 33,720 shares after the transaction, with no cash purchase involved.
What are the terms of Warren Jenson’s 1,223 RSUs from DigitalOcean (DOCN)?
The 1,223 RSUs each represent a contingent right to one share of DigitalOcean common stock. They vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual stockholders’ meeting, subject to Jenson’s continuous service with DigitalOcean.
Is Warren Jenson’s DigitalOcean (DOCN) Form 4 transaction a routine director compensation grant?
Yes, the filing describes a grant of 1,223 restricted stock units issued under DigitalOcean’s non-employee director compensation policy. Such RSU awards are standard elements of board compensation and vest over time, subject to continued service on the board.