Barrett Cherie 4/A
Research Summary
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DigitalOcean (DOCN) SVP Barrett Cherie Receives RSU Award
What Happened Barrett Cherie, SVP and Chief Accounting Officer of DigitalOcean Holdings, was granted 9,349 restricted stock units (RSUs) on March 10, 2026. The RSUs were awarded at $0.00 per share (no cash exchanged); the grant represents a contingent right to receive one share per RSU when vested.
Key Details
- Transaction date: March 10, 2026 (Amended filing on June 3, 2026 corrects an earlier incorrect date.)
- Transaction type/price: Award/Grant (Code A) — 9,349 RSUs @ $0.00
- Vesting: 16 equal quarterly installments beginning June 1, 2026, contingent on continuous service (footnote).
- Shares owned after transaction: Not specified in the supplied filing details.
- Filing note: This is an amended Form 4 — the original Form 4 (filed March 24, 2026) reported an incorrect transaction date (March 20). The amendment corrects the date to March 10.
Context RSUs are compensation awards that convert to actual shares only as they vest; they are not an open-market purchase or sale and do not by themselves signal immediate buying or selling activity. Awards to executives are common as part of compensation and retention plans.