DocuSign (NASDAQ: DOCU) director acquires 869 shares from RSUs
Rhea-AI Filing Summary
Rowan M. Trollope, a director of DocuSign, Inc., reported exercising 869 restricted stock units into 869 shares of common stock at $0.00 per share on August 2, 2026. Following the transaction, he holds 869 common shares directly and 9,569 restricted stock units.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 869 shares
Net Buy
2 txns
Insider
Trollope Rowan M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2, F3 | 869 | $0.00 | $0.00 |
| Exercise | Common Stock | 869 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 9,569 shares (Direct);
Common Stock — 869 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F2. The RSUs will vest in twelve equal quarterly installments over three years, with a vesting commencement date of May 8, 2026, in each case subject to the Reporting Person being a service provider through each such date.
- F3. The RSUs do not expire; they either vest or are canceled prior to vesting date.
Key Figures
RSUs converted: 869 shares
Common stock acquired: 869 shares
Common shares held after: 869 shares
+2 more
5 metrics
RSUs converted
869 shares
Restricted Stock Units converted to common stock on 2026-08-02
Common stock acquired
869 shares
Shares received from RSU exercise/conversion on 2026-08-02
Common shares held after
869 shares
Direct DocuSign common stock holdings following reported transactions
RSUs held after
9,569 units
Restricted Stock Units remaining after disposition of 869 units
Exercise price
$0.0000 per share
Per-share price for RSU conversion to DocuSign common stock
Key Terms
Restricted Stock Units, contingent right, vesting commencement date
3 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of the Issuer's common stock"
vesting commencement date financial
"with a vesting commencement date of May 8, 2026"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Rowan M. Trollope report for DocuSign (DOCU)?
Rowan M. Trollope reported exercising 869 RSUs into 869 shares of DocuSign common stock at $0.00 per share. After the transaction, he directly holds 869 common shares and 9,569 restricted stock units in the company.
How many restricted stock units does Rowan M. Trollope hold in DocuSign (DOCU) after the transaction?
After disposing of 869 restricted stock units in connection with the exercise, Rowan M. Trollope holds 9,569 RSUs. These units represent future rights to receive DocuSign common shares, subject to vesting conditions described in the accompanying footnotes.
What are the vesting terms of Rowan M. Trollope’s DocuSign (DOCU) RSUs?
Each RSU represents a contingent right to one DocuSign share and will vest in twelve equal quarterly installments over three years, starting from a vesting commencement date of May 8, 2026, provided he remains a service provider on each vesting date.
Do Rowan M. Trollope’s DocuSign (DOCU) RSUs expire if they do not vest?
The filing states that the RSUs do not expire. Instead, they either vest, resulting in the issuance of DocuSign common shares, or are canceled before the applicable vesting date if the vesting conditions are not met.