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DigitalOcean (DOCN) product & tech chief awarded 280,214 RSUs

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

Rhea-AI Filing Summary

DigitalOcean Holdings, Inc. reported that Chief Product & Tech Officer Vinay S. Kumar acquired two equity awards in the form of common stock RSUs. He received 134,918 RSUs and a separate grant of 145,296 RSUs, each representing the right to receive one share of common stock per unit.

For the 134,918-unit award, 25% will vest on February 1, 2027, with the remaining units vesting in 12 equal quarterly installments beginning May 1, 2027, subject to continuous service. For the 145,296-unit award, 30% will vest on June 30, 2026, and the balance will vest on September 30, 2026, also contingent on continued service.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Kumar Vinay S.

(Last) (First) (Middle)
C/O DIGITALOCEAN HOLDINGS, INC.
105 EDGEVIEW DRIVE, SUITE 425

(Street)
BROOMFIELD CO 80021

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DigitalOcean Holdings, Inc. [ DOCN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Product & Tech Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/25/2026 A 134,918(1)(2) A $0 134,918 D
Common Stock 02/25/2026 A 145,296(1)(3) A $0 280,214 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount 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.
2. 25% of the shares underlying these RSUs shall vest on February 1, 2027, and the remaining shares underlying these RSUs shall vest in 12 equal quarterly installments beginning on May 1, 2027, subject to the Reporting Person's continuous service with the Issuer on each such date.
3. 30% of the shares underlying these RSUs shall vest on June 30, 2026, and the remaining shares underlying these RSUs shall vest on September 30, 2026, subject to the Reporting Person's continuous service with the Issuer on each such date.
Remarks:
/s/ Amanda Barry, Attorney-in-Fact 02/27/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did DigitalOcean (DOCN) report for Vinay S. Kumar?

DigitalOcean reported that Chief Product & Tech Officer Vinay S. Kumar received two grants of restricted stock units totaling 280,214 RSUs. These RSUs are awards, not open-market purchases, and each unit represents a contingent right to receive one share of common stock.

How many RSUs were granted to DigitalOcean (DOCN) executive Vinay S. Kumar?

Vinay S. Kumar was granted 134,918 RSUs in one award and 145,296 RSUs in a second award. Together, these two grants give him rights to receive up to 280,214 DigitalOcean common shares, subject to future vesting conditions.

What is the vesting schedule for Vinay S. Kumar’s 134,918 RSU grant at DigitalOcean (DOCN)?

For the 134,918 RSU award, 25% of the units vest on February 1, 2027. The remaining units then vest in 12 equal quarterly installments starting May 1, 2027, provided Kumar remains in continuous service with DigitalOcean on each vesting date.

How do the 145,296 RSUs granted to Vinay S. Kumar at DigitalOcean (DOCN) vest?

For the 145,296-unit RSU grant, 30% of the shares vest on June 30, 2026. The remaining RSUs vest on September 30, 2026, with both vesting dates conditioned on Kumar’s continuous service with DigitalOcean through each date.

Do the RSUs granted to DigitalOcean (DOCN) executive Vinay S. Kumar involve any purchase price?

The reported RSU grants show a transaction price per share of $0.00, indicating equity compensation awards rather than cash purchases. Each RSU is a contingent right to receive one share of DigitalOcean common stock upon vesting, assuming service conditions are satisfied.

Are Vinay S. Kumar’s newly granted DigitalOcean (DOCN) RSUs held directly or indirectly?

The Form 4 indicates that the RSUs are held with direct ownership by Vinay S. Kumar. The ownership code shown is “D” for direct, and no footnotes state that the awards are held through a separate entity or on behalf of another party.
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Software - Infrastructure
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United States
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