Form 4: DigitalOcean Director Warren Adelman Receives RSU Grant as Compensation

DigitalOcean Holdings, Inc. Director Warren J. Adelman was granted 849 shares of common stock through Restricted Stock Units (RSUs) as part of his non-employee director compensation.

Summary

• Warren J. Adelman, a Director at DigitalOcean Holdings, Inc. (DOCN), acquired 849 shares of common stock.
• The acquisition occurred on June 30, 2025, at a price of $27.97 per share.
• This transaction represents Restricted Stock Units (RSUs) granted as compensation under the Issuer's non-employee director compensation policy, in lieu of quarterly retainer fees.
• The number of RSUs was determined by dividing $23,750 by the average closing price of DigitalOcean's common stock ($27.97) over the 10 trading days prior to and ending on the grant date.
• The shares underlying these RSUs were fully vested as of the grant date.
• Following this transaction, Warren J. Adelman beneficially owns a total of 69,060 shares of DigitalOcean common stock.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive. While a routine compensation event, it signifies continued director involvement and aligns their interests with shareholders through increased equity ownership. There are no negative implications.

Positives

• The grant of Restricted Stock Units (RSUs) to a director aligns management and director interests with those of shareholders, as their compensation is tied to the company's stock performance.
• The transaction increases insider ownership, which can be viewed positively by investors as it demonstrates confidence in the company's future.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This transaction is a routine compensation event for a non-employee director and does not provide specific insights into broader industry trends or competitive dynamics within the cloud infrastructure or developer tools sector.

Comparison to Industry Standards

• Director compensation through equity grants like RSUs is a common practice across publicly traded companies, including those in the technology and cloud services sectors, aligning director incentives with shareholder value.
• The specific value of the grant ($23,750) and the number of shares (849) are specific to DigitalOcean's compensation policy and the prevailing stock price, making direct comparisons without detailed peer compensation data difficult.

Related Party Transactions

• The grant of Restricted Stock Units (RSUs) to Warren J. Adelman, a non-employee director, constitutes a related party transaction as it involves compensation from the company to a member of its board.

Stakeholder Impact

• Shareholders: The RSU grant increases director ownership, potentially aligning director interests more closely with shareholder value creation.
• Employees: The document does not directly impact employees, as it pertains to non-employee director compensation.

Key Dates

Keywords

DigitalOcean Holdings, DOCN, Warren Adelman, Director Compensation, Restricted Stock Units, RSU Grant, Insider Ownership, SEC Form 4, Equity Compensation