Form 4: DigitalOcean Director Warren Jenson Acquires Shares Through Restricted Stock Units

Director Warren Jenson acquired 493 shares of DigitalOcean Holdings, Inc. through restricted stock units (RSUs) on March 31, 2025, at a price of $36.13 per share.

Summary

• On March 31, 2025, Warren Jenson, a director of DigitalOcean Holdings, Inc., acquired 493 shares of common stock through the grant of restricted stock units (RSUs).
• The price per share was $36.13.
• These RSUs were granted in lieu of quarterly retainer fees, according to the company's non-employee director compensation policy.
• The number of shares was calculated by dividing $17,847.22 by the average closing price of DigitalOcean's common stock over the 10 trading days prior to the grant date.
• The shares underlying the RSUs are fully vested as of the grant date.
• Following the transaction, Jenson directly owns 23,852 shares of DigitalOcean.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a director's share acquisition through RSUs, which is a common practice. There's no indication of positive or negative sentiment towards the company's performance.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

There is no specific future outlook provided in this document.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and doesn't provide specific insights into broader industry trends. However, director compensation in the form of stock grants is a common practice in the tech industry to align management interests with shareholder value.

Comparison to Industry Standards

• Director compensation packages, including RSU grants, are common across publicly traded companies, particularly in the tech sector.
• The specific value of the RSU grant ($17,847.22) would need to be compared against peer companies to determine if it is above, below, or in line with industry standards for director compensation.
• Companies like Amazon, Microsoft, and Google also use RSU grants as part of their director compensation packages.

Stakeholder Impact

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

Key Dates

Keywords

DigitalOcean, Director, Warren Jenson, RSU, Restricted Stock Units, Share Acquisition, Form 4, Beneficial Ownership