SCHNEIDER HILARY 4
Research Summary
AI-generated summary
DigitalOcean (DOCN) Director Hilary Schneider Receives 281 RSUs ($18.7K)
What Happened
Hilary Schneider, a non-employee director of DigitalOcean Holdings, received a grant of 281 restricted stock units (RSUs) on 2026-03-31. The reported grant price/value was $66.57 per share, for a total reported value of $18,706. The filing classifies the transaction as an award/grant (code "A") rather than a market purchase or sale.
Key Details
- Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (no indication of a late filing).
- Award: 281 RSUs at $66.57 per RSU; total value ~$18,706.
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnote: These are fully vested RSUs, each convertible into one common share, granted in lieu of quarterly retainer fees under the company’s non-employee director compensation policy.
Context
This was a compensation award to a director (routine non-cash compensation) rather than an open-market purchase or sale. Such RSU grants are standard practice for directors and do not by themselves indicate a buy or sell signal from the insider.