Form 4: DigitalOcean Director Adelman Receives RSU Grant

DigitalOcean Holdings, Inc. director Warren J Adelman was granted 658 restricted stock units as part of his non-employee director compensation.

Summary

• Warren J Adelman, a Director of DigitalOcean Holdings, Inc. (DOCN), acquired 658 shares of common stock through a grant of restricted stock units (RSUs).
• The transaction occurred on September 30, 2025, with each RSU valued at $36.08, based on the average closing price of the Issuer's common stock for the 10 trading days prior to and ending on the grant date.
• These RSUs were granted pursuant to the Issuer's non-employee director compensation policy in lieu of quarterly retainer fees, totaling $23,750.00.
• The shares underlying these RSUs were fully vested as of the date of grant.
• Following this transaction, Warren J Adelman beneficially owns a total of 69,718 shares of DigitalOcean Holdings, Inc. common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine compensation event for a non-employee director, which is a neutral event in terms of market sentiment and does not indicate positive or negative operational performance.

Positives

• The grant of fully vested restricted stock units aligns the director's interests with those of shareholders.
• The compensation structure for non-employee directors is transparent and disclosed.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

The grant of restricted stock units to non-employee directors as part of their compensation is a common practice across publicly traded companies, aligning director incentives with long-term shareholder value.

Comparison to Industry Standards

• The practice of compensating non-employee directors with equity, such as RSUs, is a standard corporate governance practice widely adopted by public companies across various industries, including technology and cloud services.
• Immediate vesting of director equity grants is also a common approach, ensuring directors have immediate ownership and alignment with company performance.

Related Party Transactions

• Grant of restricted stock units to a non-employee director as part of their compensation policy, which is a standard related-party transaction for corporate governance.

Stakeholder Impact

• Shareholders: The grant of equity compensation to a director helps align their interests with long-term shareholder value, potentially fostering more diligent oversight and strategic decision-making.

Key Dates

Recommendation

This Form 4 reports a routine grant of restricted stock units to a non-employee director as part of their compensation, which is a standard corporate governance practice. It does not provide new information that would alter the fundamental investment thesis for DigitalOcean Holdings, Inc., thus a 'hold' recommendation remains appropriate based solely on this filing.

Keywords

DigitalOcean, DOCN, Warren Adelman, Form 4, SEC filing, Restricted Stock Units, RSU, Director Compensation, Insider Transaction