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DigitalOcean (DOCN) CEO granted 130,891 RSUs vesting from June 2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Srinivasan Padmanabhan T reported acquisition or exercise transactions in this Form 4 filing.

DigitalOcean Holdings, Inc. reported that Chief Executive Officer Srinivasan Padmanabhan T received a grant of 130,891 shares of Common Stock in the form of restricted stock units. These RSUs carry no purchase price and increase his direct holdings to 803,782 shares after the grant.

The footnote explains that each RSU represents the right to receive one share of common stock. The shares underlying these RSUs vest in 16 equal quarterly installments, starting on June 1, 2026, and require his continuous service with the company on each vesting date.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Srinivasan Padmanabhan T

(Last)(First)(Middle)
C/O DIGITALOCEAN HOLDINGS, INC.
105 EDGEVIEW DRIVE, SUITE 425

(Street)
BROOMFIELD COLORADO 80021

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DigitalOcean Holdings, Inc. [ DOCN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/20/2026A130,891(1)A$0803,782D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The security represents restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The shares underlying these RSUs vest in 16 equal quarterly installments, commencing on June 1, 2026, subject to the Reporting Person's continuous service with the Issuer on each such date.
Remarks:
/s/ Amanda Barry, Attorney-in-Fact03/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DigitalOcean (DOCN) disclose for its CEO?

The company disclosed that CEO Srinivasan Padmanabhan T received a grant of 130,891 restricted stock units (RSUs) of Common Stock. This is a compensation-related equity award, not an open-market share purchase, and it increases his direct holdings reported in this filing.

How many DigitalOcean (DOCN) shares does the CEO hold after this RSU grant?

After the RSU grant, the CEO is reported as holding 803,782 shares of Common Stock directly. This figure includes the newly awarded 130,891 RSUs as reflected in the filing’s total shares following the transaction entry.

How do the CEO’s DigitalOcean (DOCN) RSUs vest over time?

The 130,891 RSUs granted to the CEO vest in 16 equal quarterly installments. Vesting begins on June 1, 2026, and each installment requires his continuous service with DigitalOcean on the applicable vesting date to receive the underlying shares.

Did the DigitalOcean (DOCN) CEO buy these shares on the open market?

No. The filing describes the transaction as a grant or award acquisition, coded “A,” with a price of $0.00 per share. This indicates compensation-related RSUs, not an open-market purchase by the CEO.

What does each DigitalOcean (DOCN) RSU granted to the CEO represent?

Each RSU granted to the CEO represents a contingent right to receive one share of DigitalOcean common stock. The underlying shares are delivered only as the RSUs vest over 16 quarters, assuming the CEO continues to provide service on each vesting date.

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