Kumar Vinay S. 4
4 · DigitalOcean Holdings, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
DigitalOcean (DOCN) CPO Vinay Kumar Receives RSU Award
What Happened Vinay S. Kumar, DigitalOcean's Chief Product & Technology Officer, was granted two RSU awards on February 25, 2026 totaling 280,214 restricted stock units (134,918 RSUs and 145,296 RSUs). The Form 4 reports an acquisition price of $0 for both grants (standard for RSU awards). This is an equity compensation award (transaction code "A"), not an open-market purchase or sale.
Key Details
- Transaction date: February 25, 2026 (Form 4 filed Feb 27, 2026).
- Grants: 134,918 RSUs and 145,296 RSUs; total = 280,214 RSUs. Reported acquisition price: $0.
- Shares owned after the transaction: not specified/disclosed in the filing.
- Footnotes from the filing:
- F1: These are RSUs; each RSU represents the right to receive one share upon vesting.
- F2: For one grant, 25% vests Feb 1, 2027, then the remainder vests in 12 equal quarterly installments beginning May 1, 2027, subject to continued service.
- F3: For the other grant, 30% vests June 30, 2026, and the remaining portion vests Sept 30, 2026, subject to continued service.
- Filing timeliness: Filed two days after the transaction date (appears timely under Form 4 rules); not reported as late.
Context RSU grants are a common form of executive compensation and represent future shares contingent on vesting/continued service; they are not an immediate purchase or sale and do not by themselves indicate insider buying or selling intent. Vesting schedules here stagger a portion of the awards into 2026–2027, meaning shares will only be delivered if Kumar remains with the company through those dates.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-25+134,918→ 134,918 total - Award
Common Stock
[F1][F3]2026-02-25+145,296→ 280,214 total
Footnotes (3)
- [F1]The security represents restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer.
- [F2]25% of the shares underlying these RSUs shall vest on February 1, 2027, and the remaining shares underlying these RSUs shall vest in 12 equal quarterly installments beginning on May 1, 2027, subject to the Reporting Person's continuous service with the Issuer on each such date.
- [F3]30% of the shares underlying these RSUs shall vest on June 30, 2026, and the remaining shares underlying these RSUs shall vest on September 30, 2026, subject to the Reporting Person's continuous service with the Issuer on each such date.