Kumar Vinay S. 4

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.