DigitalOcean (DOCN) director Pueo Keffer receives 1,223 RSUs as equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Keffer Pueo reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings, Inc. director Pueo Keffer received a grant of 1,223 restricted stock units as part of the company’s non-employee director compensation program. Each RSU represents one share of common stock. After this grant, Keffer holds 40,565 shares directly.
The RSUs will vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual stockholders’ meeting, as long as Keffer continues to serve the company through that vesting date. This is a compensation-related equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Keffer Pueo
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,223 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 40,565 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,223 units
Shares after transaction: 40,565 shares
Grant price: $0.00 per unit
+1 more
4 metrics
RSUs granted
1,223 units
Restricted stock units granted to director on June 15, 2026
Shares after transaction
40,565 shares
Common stock held directly following the RSU grant
Grant price
$0.00 per unit
Equity award granted as compensation, not a cash purchase
Vesting condition
Earlier of 1-year anniversary or 2027 meeting
RSUs vest with continuous service through the applicable date
Key Terms
restricted stock units, RSUs, non-employee director compensation policy, vest
4 terms
restricted stock units financial
"The security represents restricted stock units ("RSUs") issued 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.
RSUs financial
"Each RSU represents a contingent right to receive one share of common stock"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
non-employee director compensation policy financial
"pursuant to the annual grant under the Issuer's non-employee director compensation policy"
vest financial
"The shares underlying these RSUs will vest on the earlier of (i) the first anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did DigitalOcean (DOCN) director Pueo Keffer report?
Pueo Keffer reported receiving 1,223 restricted stock units as equity compensation. These RSUs are part of DigitalOcean’s non-employee director compensation policy and represent a grant, not an open-market stock purchase or sale.
What are the vesting terms of Pueo Keffer’s new DigitalOcean (DOCN) RSUs?
The 1,223 restricted stock units vest on the earlier of the first anniversary of the grant date or DigitalOcean’s 2027 annual stockholders’ meeting. Vesting requires Keffer’s continuous service with the company through the applicable vesting date.
Does Pueo Keffer’s Form 4 reflect a buy or sell of DigitalOcean (DOCN) stock?
The Form 4 reflects an acquisition of 1,223 restricted stock units as a grant, not a market trade. It is coded as a grant or award (transaction code A), rather than an open-market purchase or sale of existing shares.
How do Pueo Keffer’s RSUs convert into DigitalOcean (DOCN) common stock?
Each restricted stock unit represents a contingent right to receive one share of DigitalOcean common stock. Once the vesting conditions are met, the RSUs settle in shares on the vesting date, increasing Keffer’s directly held stock position.