DigitalOcean (DOCN) director receives 234 fully vested RSUs as fees
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 Keffer Pueo reported receiving a grant of 234 shares of Common Stock on March 31, 2026. The shares were issued as fully vested restricted stock units under the company’s non-employee director compensation policy in lieu of quarterly cash retainer fees.
Each RSU represents the right to receive one share of DigitalOcean common stock. Following this grant, Keffer Pueo directly holds 39,342 shares of the company’s common stock. This is a routine equity compensation 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
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 234 | $66.57 | $16K |
Holdings After Transaction:
Common Stock — 39,342 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 234 shares
Reference share price: $66.57 per share
Post-grant holdings: 39,342 shares
3 metrics
RSU grant size
234 shares
Fully vested RSUs granted on March 31, 2026
Reference share price
$66.57 per share
Reported price for the 234-share RSU grant
Post-grant holdings
39,342 shares
Total DigitalOcean common shares held directly after grant
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 Keffer Pueo report in the latest DigitalOcean (DOCN) Form 4?
Keffer Pueo reported receiving a grant of 234 shares of DigitalOcean common stock as fully vested RSUs. The award was issued under the non-employee director compensation policy in lieu of quarterly cash retainer fees for board service.
Was the DigitalOcean (DOCN) Form 4 transaction a stock purchase or sale?
The Form 4 for DigitalOcean shows an acquisition via grant, not a market trade. Code "A" reflects a grant or award of 234 fully vested RSUs given as equity compensation instead of paying quarterly director retainer fees in cash.
What are the terms of the RSU grant reported by Keffer Pueo for DigitalOcean (DOCN)?
The filing states the award is a grant of fully vested restricted stock units, each representing one share of DigitalOcean common stock. These RSUs were granted under the company’s non-employee director compensation policy instead of paying regular quarterly cash retainer fees.
At what price was the DigitalOcean (DOCN) RSU grant to Keffer Pueo recorded?
The RSU grant to Keffer Pueo is shown at a reference price of $66.57 per share for 234 shares of common stock. This price is a reporting value associated with the award and does not indicate an open-market purchase or sale.