DigitalOcean director receives 142-share RSU award
Adelman Warren J reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 142 | $166.90 | $24K |
Footnotes (1)
- F1. The security represents a grant of fully vested restricted stock units ("RSUs") to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs were granted to the Reporting Person pursuant to the Issuer's non-employee director compensation policy in lieu of quarterly retainer fees.
Key Figures
Key Terms
restricted stock units financial
RSUs financial
non-employee director compensation policy financial
quarterly retainer fees financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did DigitalOcean (DOCN) director Warren J. Adelman report on this Form 4?
Is Warren J. Adelman buying or selling DigitalOcean (DOCN) stock in this filing?
What are the terms of the RSUs granted to Warren J. Adelman by DigitalOcean (DOCN)?
Does this DigitalOcean (DOCN) Form 4 indicate any tax withholding or option exercises?
AI-generated analysis. How Rhea-AI works. Not financial advice.