SCHNEIDER HILARY 4
Research Summary
AI-generated summary
DigitalOcean (DOCN) Director Hilary Schneider Receives Award
What Happened
Hilary Schneider, a director of DigitalOcean Holdings, Inc. (DOCN), was granted 112 fully vested restricted stock units (RSUs) on June 30, 2026. The filing reports an acquisition value of $166.90 per share, totaling $18,693. The award was issued under the company's non-employee director compensation policy in lieu of quarterly retainer fees.
Key Details
- Transaction date: 2026-06-30
- Transaction type/code: Award/Grant (A) — 112 RSUs at $166.90 each; total value $18,693
- Footnote: F1 — RSUs are fully vested and each RSU represents a contingent right to one share; granted in lieu of quarterly retainer fees under the non-employee director compensation policy.
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Report filed 2026-07-01; appears timely under the Form 4 two-business-day filing requirement.
Context
RSU grants to non-employee directors are routine compensation and represent future rights to common shares rather than an open-market purchase. Such awards are typically part of standard board pay and should not be read alone as a directional market signal.