DigitalOcean (DOCN) director awarded RSUs in lieu of quarterly cash fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JENSON WARREN reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings, Inc. director Warren Jenson reported a compensation-related equity grant. He received 116 shares of Common Stock on 2026-06-30, valued at $166.90 per share, through fully vested restricted stock units granted under the company’s non-employee director compensation policy in lieu of quarterly cash retainer fees. Following this grant, he directly holds 33,836 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JENSON WARREN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 116 | $166.90 | $19K |
Holdings After Transaction:
Common Stock — 33,836 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU shares granted: 116 shares
Grant price per share: $166.90/share
Shares held after grant: 33,836 shares
+2 more
5 metrics
RSU shares granted
116 shares
Fully vested RSU grant on June 30, 2026
Grant price per share
$166.90/share
Transaction price per share for RSU grant
Shares held after grant
33,836 shares
Total direct holdings following the transaction
Transaction code
A (Grant or award)
Form 4 non-derivative acquisition code
Transaction direction
acquire
Compensation-related equity acquisition, not an open-market buy
Key Terms
restricted stock units, non-employee director compensation policy, quarterly retainer fees, Form 4, +1 more
5 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."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did DigitalOcean (DOCN) director Warren Jenson report?
Warren Jenson reported receiving 116 shares of DigitalOcean common stock as a fully vested RSU grant. The equity was issued under the non-employee director compensation policy instead of quarterly cash retainer fees, making this a routine compensation-related acquisition rather than an open-market purchase.
Was the DigitalOcean (DOCN) Form 4 transaction a stock purchase or a grant?
The transaction was a grant of fully vested restricted stock units, not an open-market stock purchase. Each RSU represents a right to receive one share of DigitalOcean common stock, issued under the company’s non-employee director compensation policy in lieu of quarterly director fees.
What was the reference price for the DigitalOcean (DOCN) RSU grant to Warren Jenson?
The RSU grant to Warren Jenson used a reference price of $166.90 per share for 116 shares. This price is reported in the Form 4 as the transaction price per share associated with the non-employee director restricted stock unit award made on June 30, 2026.
Why did DigitalOcean (DOCN) grant RSUs to its director instead of paying cash fees?
The RSUs were granted under DigitalOcean’s non-employee director compensation policy in lieu of quarterly retainer fees. This means equity awards replace some cash compensation, aligning director interests with shareholders by delivering part of board compensation in company stock rather than cash payments.