Director Warren Adelman receives 142-share RSU grant at DigitalOcean (NYSE: DOCN)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adelman Warren J reported acquisition or exercise transactions in this Form 4 filing.
DigitalOcean Holdings director Warren J. Adelman received a stock-based compensation grant. He was awarded 142 fully vested restricted stock units, each representing one share of common stock valued at $166.90 per share. The grant was issued under the company’s non-employee director compensation policy instead of quarterly cash retainer fees. After this award, Adelman directly holds 71,633 shares of DigitalOcean common stock, making this a routine, small increase in his ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Adelman Warren J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 142 | $166.90 | $24K |
Holdings After Transaction:
Common Stock — 71,633 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 142 shares
Grant value per share: $166.90 per share
Holdings after grant: 71,633 shares
+1 more
4 metrics
RSU grant size
142 shares
Fully vested RSUs granted to director on 2026-06-30
Grant value per share
$166.90 per share
Value assigned to each RSU in the Form 4
Holdings after grant
71,633 shares
Director’s direct ownership following the RSU award
Transaction direction
Acquisition via grant
Form 4 code A, grant/award acquisition
Key Terms
restricted stock units, RSUs, non-employee director compensation policy, quarterly retainer fees
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.
RSUs financial
"Each RSU represents a contingent right to receive one share of common stock of the Issuer."
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
"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
"The RSUs were granted to the Reporting Person pursuant to the Issuer's non-employee director compensation policy in lieu of quarterly retainer fees."
FAQ
What did DigitalOcean (DOCN) director Warren J. Adelman report on this Form 4?
Warren J. Adelman reported receiving 142 fully vested restricted stock units as stock-based compensation. Each RSU represents one share of DigitalOcean common stock and was granted under the non-employee director compensation policy in lieu of quarterly retainer fees, modestly increasing his direct holdings.
Is Warren J. Adelman buying or selling DigitalOcean (DOCN) stock in this filing?
This filing shows an acquisition through a grant, not an open-market trade. Adelman received 142 fully vested restricted stock units as compensation, rather than buying or selling shares for cash, so it reflects routine director pay instead of a discretionary market transaction.
What are the terms of the RSUs granted to Warren J. Adelman by DigitalOcean (DOCN)?
The RSUs are fully vested at grant and issued in lieu of quarterly retainer fees under DigitalOcean’s non-employee director compensation policy. Each RSU represents a contingent right to receive one share of common stock, valued at $166.90 per share in the Form 4 disclosure.
Does this DigitalOcean (DOCN) Form 4 indicate any tax withholding or option exercises?
No tax withholding dispositions or option exercises appear in this Form 4. The filing reflects only a single acquisition transaction: a grant of 142 fully vested restricted stock units as director compensation, with no derivative exercises or related tax share withholdings reported.