DigitalOcean Director Hilary Schneider Receives Quarterly Retainer Equity Grant
DigitalOcean Holdings, Inc.
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Filing Summary
📋 Form 4 Filing: DigitalOcean Holdings, Inc. ($DOCN) Insider: Hilary Schneider (Director) Type: Grant / Award (Code A) Shares: 147 @ $127.17 (~$18,693.99) Post-Transaction Holdings: 25,805 shares (Direct) Significance: Low (Quarterly retainer fee paid in fully vested RSUs)
Comprehensive Analysis
Executive Summary
On October 2, 2026, DigitalOcean Holdings, Inc. ($DOCN) filed a Form 4 disclosing an acquisition of equity by Director Hilary Schneider. On September 30, 2026, Schneider was granted 147 fully vested restricted stock units (RSUs) representing shares of Common Stock at an implied price of $127.17 per share, corresponding to an aggregate value of approximately $18,693.99.
Transaction Details
- Security: Common Stock
- Transaction Code: A (Grant or award)
- Shares Acquired: 147
- Price per Share: $127.17
- Total Transaction Value: $18,693.99
- Post-Transaction Beneficial Ownership: 25,805 shares directly held
- Context: The grant was awarded under the Issuer's non-employee director compensation policy in lieu of quarterly cash retainer fees.
Market & Governance Impact
This transaction represents standard, programmatic board compensation rather than a discretionary open-market purchase or sale. Because the transaction size is modest ($18,693.99) and reflects an automatic election to receive equity in lieu of cash retainer fees, it carries low trading significance for outside investors.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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