Barrett Cherie 4

What Happened

• Barrett Cherie, Senior Vice President and Chief Accounting Officer of DigitalOcean Holdings, was granted 9,349 restricted stock units (RSUs) on March 20, 2026. The grant is reported at $0.00 for acquisition price (typical for RSU awards); no cash purchase or sale occurred.
• Each RSU represents a contingent right to one share of DigitalOcean common stock. The grant does not deliver shares immediately — vesting determines eventual share issuance.

Key Details

• Transaction date: March 20, 2026; Form 4 filed March 24, 2026 (filing appears timely).
• Grant amount and price: 9,349 RSUs @ $0.00 (award/grant, code A).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: The RSUs vest in 16 equal quarterly installments beginning June 1, 2026, subject to continuous service (see footnote F1).
• No 10b5-1 plan, tax-withholding sale, or immediate sale reported.

Context

• RSU awards are compensation, not open-market purchases or sales; they generally reflect pay and retention programs rather than a direct market sentiment signal.
• Vesting over 16 quarters means shares (if earned) will be delivered gradually, subject to continued employment.