Keffer Pueo 4
Research Summary
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DigitalOcean (DOCN) Director Keffer Pueo Receives RSU Award
What Happened
- Keffer Pueo, a director of DigitalOcean Holdings, Inc. (DOCN), received an award of 1,223 restricted stock units (RSUs) on 2026-06-15. The filing reports an acquisition price of $0.00 for the RSUs (transaction code A). RSUs are a grant, not an open-market purchase or sale, so this does not represent a cash investment or disposition at grant time.
Key Details
- Transaction date: 2026-06-15; Filing date: 2026-06-17 (filed within two business days of the transaction).
- Shares granted: 1,223 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Footnote: The RSUs were issued under the issuer's non-employee director compensation policy. Each RSU represents a contingent right to one common share and will vest on the earlier of (i) the first anniversary of the grant or (ii) the issuer's 2027 annual meeting of stockholders, subject to continuous service through the applicable vesting date.
Context
- RSU grants to directors are common as compensation and are different from purchases or sales; the grant itself is neutral regarding market sentiment until the shares vest and are sold. When these RSUs vest, they will convert to common shares with market value at that time.