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DigitalOcean (NYSE: DOCN) CFO awarded 52,356 restricted stock units

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

Rhea-AI Filing Summary

Steinfort Matt reported acquisition or exercise transactions in this Form 4 filing.

DigitalOcean Holdings, Inc. Chief Financial Officer Matt Steinfort received a grant of 52,356 shares of common stock in the form of restricted stock units. These RSUs vest in 16 equal quarterly installments starting on June 1, 2026, contingent on his continued service. Following this award, he holds 598,272 shares of common stock directly.

Positive

  • None.

Negative

  • None.

Insights

CFO receives time-vested RSU grant as part of ongoing equity compensation.

The transaction shows DigitalOcean Holdings, Inc. granting CFO Matt Steinfort 52,356 restricted stock units of common stock at a stated price of $0.00 per share. This is categorized as a grant or award acquisition, not an open-market purchase.

The RSUs vest in 16 equal quarterly installments beginning on June 1, 2026, conditioned on his continued service. This structure is typical for executive retention, spreading the benefit over four years. After the grant, his direct holdings total 598,272 common shares, indicating the award is a modest addition to an already substantial position.

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*
Steinfort Matt

(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 Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026
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)

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 Stock03/20/2026A52,356(1)A$0598,272D
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:
/s/ Amanda Barry, Attorney-in-Fact03/24/2026
** 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 did DigitalOcean (DOCN) CFO Matt Steinfort receive in this Form 4?

DigitalOcean CFO Matt Steinfort received a grant of 52,356 restricted stock units of common stock. These RSUs are part of his equity compensation and increase his direct holdings to 598,272 shares after the award, according to the filing details.

How do the newly granted RSUs to DigitalOcean CFO vest?

The 52,356 restricted stock units granted to DigitalOcean’s CFO vest in 16 equal quarterly installments. Vesting starts on June 1, 2026, and continues each quarter, subject to his continuous service with the company on each vesting date as described.

Is the DigitalOcean CFO Form 4 transaction a market purchase or sale?

The Form 4 for DigitalOcean’s CFO reports a grant or award acquisition, not a market trade. Shares were acquired at a stated price of $0.00 per share as restricted stock units, so it is compensation-related rather than an open-market buy or sell.

How many DigitalOcean shares does the CFO hold after this RSU grant?

After receiving 52,356 restricted stock units, the DigitalOcean CFO’s direct ownership stands at 598,272 common shares. This figure reflects his holdings immediately following the reported transaction, providing context for the relative size of the new equity award.

What conditions apply to the DigitalOcean CFO’s new RSU award?

Each restricted stock unit represents a contingent right to one common share, subject to vesting conditions. The RSUs vest in 16 equal quarterly installments starting June 1, 2026, and require the CFO to remain in continuous service with DigitalOcean on each vesting date.
Digitalocean Hldgs Inc

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7.91B
68.44M
Software - Infrastructure
Services-computer Programming, Data Processing, Etc.
Link
United States
BROOMFIELD