DigitalOcean (DOCN) director Pratima Arora receives 1,223 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arora Pratima reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings, Inc. director Pratima Arora received an equity award in the form of restricted stock units. The Form 4 reports a grant of 1,223 RSUs, with no cash paid per unit, increasing her direct holdings to 89,859 shares of common stock.
Each RSU represents a right to receive one share of common stock and will vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual stockholders’ meeting, as long as she continues serving the company through the applicable vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Arora Pratima
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,223 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 89,859 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,223 RSUs
Transaction price per share: $0.0000 per share
Shares owned after grant: 89,859 shares
+2 more
5 metrics
RSU grant size
1,223 RSUs
Annual non-employee director compensation grant
Transaction price per share
$0.0000 per share
RSU grant, no cash consideration
Shares owned after grant
89,859 shares
Total direct holdings following RSU award
Vesting trigger date
Earlier of first anniversary or 2027 meeting
RSUs vest with continued service through vesting date
Security type
Common Stock via RSUs
Each RSU converts into one share
Key Terms
restricted stock units ("RSUs"), non-employee director compensation policy, annual stockholders' meeting, continuous service
4 terms
restricted stock units ("RSUs") financial
"The security represents restricted stock units ("RSUs") issued to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
non-employee director compensation policy financial
"pursuant to the annual grant under the Issuer's non-employee director compensation policy"
annual stockholders' meeting financial
"the date of the Issuer's 2027 annual stockholders' meeting"
continuous service financial
"subject to the Reporting Person's continuous service with the Issuer"
FAQ
What insider transaction did DigitalOcean (DOCN) report for Pratima Arora?
DigitalOcean reported that director Pratima Arora received a grant of 1,223 restricted stock units. These RSUs are part of the company’s non-employee director compensation and increase her direct holdings to 89,859 shares after the award.
What are the vesting terms of Pratima Arora’s RSUs from DigitalOcean (DOCN)?
The RSUs vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual stockholders’ meeting. Vesting is contingent on Pratima Arora’s continuous service with DigitalOcean through the applicable vesting date.
Was cash paid for the 1,223 DigitalOcean (DOCN) RSUs granted to Pratima Arora?
No cash was paid for the RSU grant; the transaction price per share is reported as zero. The award represents stock-based compensation granted under DigitalOcean’s non-employee director compensation policy rather than an open-market purchase.
Is Pratima Arora’s DigitalOcean (DOCN) Form 4 a stock purchase or a compensation grant?
The filing reflects a compensation grant, not a market purchase. It records a grant of 1,223 restricted stock units to director Pratima Arora under DigitalOcean’s non-employee director compensation policy, with future vesting based on continued service.