DigitalOcean (DOCN) director granted 550 fully vested RSUs in lieu of fees
Rhea-AI Filing Summary
DigitalOcean Holdings, Inc. director reported receiving restricted stock units as part of non-employee director compensation. On 12/31/2025, the reporting person acquired 550 shares of common stock at a price of $43.16 per share, bringing total beneficial ownership to 70,268 shares held directly.
The filing explains that these are RSUs granted in lieu of quarterly cash retainer fees under the company's non-employee director compensation policy. The number of RSUs was calculated as $23,750 divided by $43.16, which is the average closing price of DigitalOcean’s common stock on the NYSE over the 100 calendar days before the grant date. The RSUs are fully vested as of the date of grant, meaning the director has an immediate right to receive the underlying shares.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did DigitalOcean (DOCN) report in this Form 4?
A director of DigitalOcean Holdings, Inc. reported acquiring 550 shares of common stock on 12/31/2025 through a grant of restricted stock units.
How were the 550 restricted stock units for DigitalOcean (DOCN) calculated?
The 550 RSUs were determined by dividing $23,750 in quarterly retainer fees by $43.16, the average closing price of DigitalOcean’s common stock on the NYSE for the 100 calendar days before the grant date.
Are the DigitalOcean (DOCN) RSUs reported in this Form 4 vested?
Yes. The filing states that the shares underlying these restricted stock units are fully vested as of the date of grant.
What is the director’s total DigitalOcean (DOCN) share ownership after this transaction?
Following the reported transaction, the director beneficially owns 70,268 shares of DigitalOcean common stock, held directly.
Why did the DigitalOcean (DOCN) director receive RSUs instead of cash?
The filing explains that the RSUs were granted in lieu of quarterly retainer fees under DigitalOcean’s non-employee director compensation policy.
What type of security was granted to the DigitalOcean (DOCN) director?
The security granted is restricted stock units (RSUs), with each RSU representing a contingent right to receive one share of DigitalOcean common stock.