DigitalOcean (DOCN) director receives 93 fully vested RSUs instead of cash fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Keffer Pueo reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings, Inc. director Keffer Pueo received a grant of 93 shares of common stock on 2026-06-30. The award is structured as fully vested restricted stock units, with each unit representing one share of common stock. These RSUs were granted under the company’s non-employee director compensation policy in lieu of quarterly cash retainer fees. Following this grant, Pueo directly holds 40,658 shares of DigitalOcean common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Keffer Pueo
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 93 | $166.90 | $16K |
Holdings After Transaction:
Common Stock — 40,658 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 93 shares
Grant reference price: $166.90 per share
Shares owned after grant: 40,658 shares
3 metrics
RSU grant size
93 shares
Fully vested restricted stock units granted on 2026-06-30
Grant reference price
$166.90 per share
Price per share reported for the RSU grant
Shares owned after grant
40,658 shares
Total DigitalOcean common shares held directly by Keffer Pueo after transaction
Key Terms
restricted stock units, non-employee director compensation policy, quarterly retainer fees
3 terms
restricted stock units financial
"The security represents a grant of fully vested restricted stock units ("RSUs") to the Reporting Person."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-employee director compensation policy financial
"The RSUs were granted to the Reporting Person pursuant to the Issuer's non-employee director compensation policy in lieu of quarterly retainer fees."
quarterly retainer fees financial
"The RSUs were granted to the Reporting Person pursuant to the Issuer's non-employee director compensation policy in lieu of quarterly retainer fees."
FAQ
What insider transaction did DigitalOcean (DOCN) director Keffer Pueo report?
Keffer Pueo reported receiving 93 shares of DigitalOcean common stock as a fully vested restricted stock unit grant. The award was issued under the non-employee director compensation policy instead of paying quarterly cash retainer fees for board service.
Was the DigitalOcean (DOCN) Form 4 filing a stock purchase or a compensation grant?
The Form 4 reflects a compensation grant, not an open-market stock purchase. Director Keffer Pueo received fully vested restricted stock units awarded in lieu of quarterly cash retainer fees under DigitalOcean’s non-employee director compensation policy.
What are the terms of the restricted stock units reported by DigitalOcean (DOCN)?
The filing states the award consists of fully vested restricted stock units, each representing a contingent right to receive one DigitalOcean common share. The RSUs were granted pursuant to the non-employee director compensation policy and replace quarterly retainer fee payments.
Why did DigitalOcean (DOCN) grant RSUs to its director instead of paying cash fees?
The company’s non-employee director compensation policy allows quarterly retainer fees to be paid in equity. In this case, DigitalOcean granted fully vested restricted stock units to director Keffer Pueo in lieu of cash, aligning part of his board compensation with company stock.