DigitalOcean (DOCN) director receives 1,223 RSUs in annual equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SCHNEIDER HILARY reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings, Inc. director Hilary Schneider reported receiving a grant of 1,223 restricted stock units as part of the company’s non-employee director compensation program. The RSUs carry no purchase price and each unit represents a right to receive one share of common stock.
The shares underlying 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 Schneider continues serving the company. After this grant, she holds 25,546 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCHNEIDER HILARY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,223 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,546 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,223 units
Transaction price per share: $0.0000 per share
Shares held after transaction: 25,546 shares
+1 more
4 metrics
RSUs granted
1,223 units
Restricted stock units granted to director on June 15, 2026
Transaction price per share
$0.0000 per share
RSU grant under non-employee director compensation policy
Shares held after transaction
25,546 shares
Total direct holdings following RSU award
Vesting outside date
2027 annual stockholders’ meeting
Latest possible vesting trigger for RSUs, subject to service
Key Terms
restricted stock units ("RSUs"), non-employee director compensation policy, contingent right, continuous service
4 terms
restricted stock units ("RSUs") financial
"The security represents restricted stock units ("RSUs") issued to the Reporting Person pursuant to the annual grant..."
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 of the Issuer"
continuous service financial
"subject to the Reporting Person's continuous service with the Issuer through the applicable vesting date"
FAQ
What did DigitalOcean (DOCN) director Hilary Schneider report in this Form 4?
Hilary Schneider reported receiving 1,223 restricted stock units as part of DigitalOcean’s non-employee director compensation. These RSUs are a form of equity award, not an open-market stock purchase or sale, and convert into common shares once they vest under the stated conditions.
What is the vesting schedule for Hilary Schneider’s new DigitalOcean (DOCN) RSUs?
The RSUs will vest on the earlier of the first anniversary of the grant date or DigitalOcean’s 2027 annual stockholders’ meeting. Vesting is contingent on her continuous service with the company through the applicable vesting date, after which each unit converts into one common share.
Did Hilary Schneider pay a purchase price for these DigitalOcean (DOCN) RSUs?
No, the transaction price per share is reported as 0.0000, indicating a compensation grant rather than a market purchase. The RSUs are issued under DigitalOcean’s non-employee director compensation policy and provide equity-based pay instead of requiring cash outlay from the director.
Is this DigitalOcean (DOCN) Form 4 filing a sign of insider buying or selling?
The filing reflects an equity award, not open-market buying or selling. The 1,223 RSUs were granted as director compensation, classified as an acquisition under code A. It is a routine compensation event, rather than a discretionary trade based on short-term views of the company’s stock.