DigitalOcean (DOCN) awards 9,349 RSUs to chief accounting officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Barrett Cherie reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings, Inc. reported a routine equity compensation grant to SVP and Chief Accounting Officer Cherie Barrett. She received 9,349 restricted stock units, each representing one share of common stock, increasing her direct holdings to 71,818 shares after the grant.
The RSUs vest in 16 equal quarterly installments beginning on June 1, 2026, and require her continued service with the company on each vesting date, aligning part of her compensation with long-term shareholder interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Barrett Cherie
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,349 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 71,818 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did DigitalOcean (DOCN) report for Cherie Barrett?
DigitalOcean reported that SVP and Chief Accounting Officer Cherie Barrett received a grant of 9,349 restricted stock units. These RSUs are part of her equity compensation and convert into common shares as they vest over time, subject to continued service.
What are the vesting terms of Cherie Barrett’s DigitalOcean (DOCN) RSU grant?
The 9,349 restricted stock units vest in 16 equal quarterly installments starting June 1, 2026. Each vesting date requires Cherie Barrett to remain in continuous service with DigitalOcean, gradually delivering common stock over four years if that condition is met.
What type of security was granted to Cherie Barrett by DigitalOcean (DOCN)?
DigitalOcean granted Cherie Barrett restricted stock units tied to its common stock. Each RSU represents a contingent right to receive one share of common stock, delivered upon vesting if she continues serving the company on the scheduled vesting dates.