JENSON WARREN 4
Research Summary
AI-generated summary
DigitalOcean (DOCN) Director Jenson Warren Receives 116-Share RSU Award
What Happened Jenson Warren, a director of DigitalOcean Holdings, Inc. (DOCN), was granted 116 restricted stock units (RSUs) on 2026-06-30. The filing shows an acquisition at an attributable value of $166.90 per share, totaling $19,360. This was an award/grant (transaction code A) issued under the company’s non-employee director compensation policy rather than an open‑market purchase or sale.
Key Details
- Transaction date and price: 2026-06-30; 116 RSUs at $166.90 each (total $19,360).
- Filing date: 2026-07-01 (timely reported within Form 4 rules).
- Shares owned after transaction: not specified in this filing.
- Footnote: RSUs are fully vested and each represents a contingent right to receive one share of common stock; the grant was issued in lieu of quarterly director retainer fees per the non-employee director compensation policy.
- Transaction code: A (award/grant). No sale, option exercise, or tax‑withholding event reported.
Context RSUs are a form of compensation that convert into shares (or their cash equivalent) according to the grant terms; because these were granted as director compensation and are fully vested, they are typically routine and don't necessarily signal a personal market view. The grant was made to compensate board service rather than as a purchase by the insider.