Steinfort Matt 4

What Happened

• Matt Steinfort, Chief Financial Officer of DigitalOcean Holdings, was granted 52,356 restricted stock units (RSUs) on March 20, 2026. The Form 4 reports an acquisition price of $0. These RSUs represent a contingent right to receive common shares in the future rather than an outright cash purchase.

Key Details

• Transaction date and price: Grant on 2026-03-20; acquisition price reported as $0.00.
• Vesting: Per the filing footnote, the RSUs vest in 16 equal quarterly installments beginning June 1, 2026 (16 quarters = 4 years), subject to continuous service.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Form filed on 2026-03-24 for a 2026-03-20 grant; this filing date is within the typical 2-business-day Form 4 reporting window and appears timely.
• Footnote summary: Each RSU converts to one share when vested; no immediate shares were issued at grant.

Context

• This is a compensation award (A = Award/Grant), not an open‑market purchase or sale. Awards are common for executives and reflect company compensation practices rather than immediate insider buying or selling. The economic value to the insider will depend on DigitalOcean’s share price when each installment vests.