DigitalOcean director receives 93 RSUs award
Arora Pratima reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Arora Pratima reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings, Inc. director Pratima Arora received a grant of 93 fully vested restricted stock units, each representing one share of common stock, as part of the company’s non-employee director compensation policy in lieu of quarterly cash retainer fees. Following this equity award, she directly holds 89,952 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 93 | $166.90 | $16K |
Footnotes (1)
- F1. The security represents a grant of fully vested restricted stock units ("RSUs") to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs were granted to the Reporting Person pursuant to the Issuer's non-employee director compensation policy in lieu of quarterly retainer fees.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
non-employee director compensation policy financial
quarterly retainer fees financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did DigitalOcean (DOCN) director Pratima Arora report in this Form 4?
Is the DigitalOcean (DOCN) Form 4 for a stock purchase or sale?
What are RSUs in the context of DigitalOcean (DOCN) director compensation?
Why did DigitalOcean (DOCN) grant RSUs instead of cash fees to the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.