DigitalOcean grants 32,722 RSUs to product chief
Kumar Vinay S. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kumar Vinay S. reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings, Inc. granted Chief Product & Tech Officer Vinay S. Kumar 32,722 restricted stock units (RSUs) of common stock as equity compensation. Each RSU represents a right to receive one share, vesting in 16 equal quarterly installments starting on June 1, 2026, conditioned on his continued service. Following this award, Kumar holds 312,936 shares of common stock directly, indicating this is a routine compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
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.
FAQ
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What insider transaction did DigitalOcean (DOCN) report for Vinay S. Kumar?
How many RSUs did DigitalOcean (DOCN) grant and what do they represent?
What is the vesting schedule for Vinay S. Kumar’s new RSUs at DigitalOcean (DOCN)?
What role does Vinay S. Kumar hold at DigitalOcean (DOCN) in this Form 4?
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