DigitalOcean officer granted 280,214 RSUs
DigitalOcean Holdings, Inc. reported that Chief Product & Tech Officer Vinay S. Kumar acquired two equity awards in the form of common stock RSUs.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 134,918 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 145,296 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DigitalOcean (DOCN) report for Vinay S. Kumar?
How many RSUs were granted to DigitalOcean (DOCN) executive Vinay S. Kumar?
What is the vesting schedule for Vinay S. Kumar’s 134,918 RSU grant at DigitalOcean (DOCN)?
How do the 145,296 RSUs granted to Vinay S. Kumar at DigitalOcean (DOCN) vest?
Do the RSUs granted to DigitalOcean (DOCN) executive Vinay S. Kumar involve any purchase price?
Are Vinay S. Kumar’s newly granted DigitalOcean (DOCN) RSUs held directly or indirectly?
AI-generated analysis. How Rhea-AI works. Not financial advice.