Form 4: DigitalOcean Director Warren J. Adelman Acquires Shares Through Restricted Stock Units

Director Warren J. Adelman acquired 657 shares of DigitalOcean Holdings, Inc. through restricted stock units (RSUs) in lieu of quarterly retainer fees.

Summary

• On March 31, 2025, Warren J. Adelman, a director of DigitalOcean Holdings, Inc., acquired 657 shares of common stock.
• The acquisition was made through restricted stock units (RSUs) granted in lieu of quarterly retainer fees.
• The price per share was $36.13, calculated as the average closing price of DigitalOcean's common stock on the NYSE for the 10 trading days prior to and ending on the date of grant.
• Following the transaction, Adelman directly owns 61,243 shares of DigitalOcean.
• The RSUs are fully vested as of the grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares is generally a good sign, but it's a routine transaction.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
• The use of RSUs in lieu of cash retainer fees can conserve company cash.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of shares, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

DigitalOcean, DOCN, Warren J. Adelman, Director, Restricted Stock Units, RSUs, Share Acquisition, Beneficial Ownership, Form 4