DigitalOcean director gets 1,223 RSUs in annual grant
Adelman Warren J reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Adelman Warren J reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings, Inc. director Warren J. Adelman received a grant of 1,223 shares of Common Stock in the form of restricted stock units as part of the company’s non-employee director compensation policy. The award was granted at no purchase price and increased his direct holdings to 71,491 shares.
Each restricted stock unit represents a right to receive one share of common stock. These units will vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual stockholders’ meeting, provided Adelman remains in continuous service with DigitalOcean through the applicable vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,223 | $0.00 | $0.00 |
Footnotes (1)
- F1. The security represents restricted stock units ("RSUs") issued to the Reporting Person pursuant to the annual grant under the Issuer's non-employee director compensation policy. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The shares underlying these RSUs will vest on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the Issuer's 2027 annual stockholders' meeting, subject to the Reporting Person's continuous service with the Issuer through the applicable vesting date.
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