Form 4: DigitalOcean Director Hilary Schneider Acquires Shares Through RSU Grant

DigitalOcean Holdings, Inc. Director Hilary Schneider acquired 601 shares of common stock through a restricted stock unit grant on June 30, 2025, as part of her non-employee director compensation.

Summary

• Reporting Person: Hilary Schneider, a Director of DigitalOcean Holdings, Inc. (DOCN).
• Transaction Type: Acquisition of 601 Restricted Stock Units (RSUs) representing common stock.
• Transaction Date: June 30, 2025.
• Price per Share: The RSUs were valued at $27.97 per share, which was the average closing price of DigitalOcean's common stock on the NYSE for the 10 trading days prior to and ending on the grant date.
• Total Value of Grant: The grant had a total value of $16,826.92 ($16,826.92 divided by $27.97 equals 601 RSUs).
• Beneficial Ownership After Transaction: Hilary Schneider beneficially owns 27,427 shares of common stock following this transaction.
• Nature of Grant: The RSUs were granted pursuant to the Issuer's non-employee director compensation policy in lieu of quarterly retainer fees and were fully vested as of the date of grant.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even as part of compensation, generally indicates alignment of interests with shareholders and confidence in the company's future, contributing to a moderately positive sentiment.

Positives

• Director Hilary Schneider increased her beneficial ownership in DigitalOcean Holdings, Inc. by acquiring 601 shares, aligning her interests more closely with those of shareholders.
• The Restricted Stock Units (RSUs) were fully vested as of the grant date, indicating immediate ownership rights for the director.
• The transaction represents a standard application of the company's non-employee director compensation policy, which often includes equity grants to incentivize long-term commitment and performance.

Future Outlook

NA

Industry Context

This Form 4 filing details a routine insider transaction related to director compensation, which is specific to DigitalOcean Holdings, Inc. and does not directly reflect broader industry trends or competitive dynamics.

Related Party Transactions

• Grant of 601 Restricted Stock Units (RSUs) to Director Hilary Schneider as part of her non-employee director compensation, in lieu of quarterly retainer fees, which constitutes a transaction between the company and a related party.

Stakeholder Impact

• Shareholders: The transaction increases the equity alignment of a director with shareholder interests, potentially fostering better governance and long-term value creation.

Key Dates

Keywords

DigitalOcean, DOCN, Hilary Schneider, Form 4, SEC filing, insider transaction, restricted stock units, RSU, director compensation, equity grant