DigitalOcean (DOCN) director receives fully vested RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SCHNEIDER HILARY reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings, Inc. director Hilary Schneider received a grant of 281 fully vested restricted stock units of common stock on March 31, 2026. Each RSU represents the right to receive one share and was issued under the company’s non-employee director compensation policy instead of quarterly cash retainer fees. Following this grant, Schneider directly holds 28,661 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCHNEIDER HILARY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 281 | $66.57 | $19K |
Holdings After Transaction:
Common Stock — 28,661 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 281 units
Grant reference price: $66.57 per share
Shares held after grant: 28,661 shares
+1 more
4 metrics
RSU grant size
281 units
Fully vested RSUs granted March 31, 2026
Grant reference price
$66.57 per share
Implied price per common share for RSU grant
Shares held after grant
28,661 shares
Total direct common stock holdings after RSU grant
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
restricted stock units, non-employee director compensation policy, quarterly retainer fees, contingent right
4 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
"pursuant to the Issuer's non-employee director compensation policy in lieu of quarterly retainer fees."
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock of the Issuer."
FAQ
What insider transaction did DigitalOcean (DOCN) report for Hilary Schneider?
Hilary Schneider received 281 fully vested restricted stock units of DigitalOcean common stock. The grant was made on March 31, 2026 as part of her director compensation, increasing her direct holdings to 28,661 shares after the transaction.
Was the DigitalOcean (DOCN) Form 4 transaction a stock purchase or a grant?
The transaction was a grant of 281 restricted stock units, not an open-market stock purchase. It reflects non-cash compensation under DigitalOcean’s non-employee director compensation policy, issued in lieu of regular quarterly retainer fees for board service.
What are the terms of the restricted stock units granted to Hilary Schneider at DigitalOcean (DOCN)?
The 281 restricted stock units granted to Hilary Schneider are fully vested. Each RSU represents a contingent right to receive one share of DigitalOcean common stock and was granted pursuant to the company’s non-employee director compensation policy for quarterly board retainer fees.
Why did DigitalOcean (DOCN) grant RSUs to director Hilary Schneider instead of cash?
DigitalOcean granted 281 fully vested restricted stock units to Hilary Schneider under its non-employee director compensation policy. These RSUs were issued in lieu of quarterly cash retainer fees, providing stock-based compensation tied directly to the company’s common equity.