DocuSign director exercises 522 RSUs into shares
DOCUSIGN director Michael Rosenbaum exercised 522 RSUs into common stock and now holds 2,088 common shares and 4,177 RSUs directly.
Rhea-AI Filing Summary
DOCUSIGN, INC. (DOCU) director Michael George Rosenbaum reported the exercise of 522 Restricted Stock Units into an equal number of shares of common stock on September 3, 2026. Following this RSU conversion, he holds 2,088 common shares and 4,177 RSUs directly. The RSUs vest in twelve equal quarterly installments over three years starting September 3, 2025, and either vest or are canceled; no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
522 shares exercised/converted
Exercise
2 txns
Insider
Rosenbaum Michael George
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2, F3 | 522 | $0.00 | $0.00 |
| Exercise | Common Stock | 522 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 4,177 contracts (Direct);
Common Stock — 2,088 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 September 3, 2025, 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 exercised: 522 units
Common stock acquired from RSUs: 522 shares
Common shares held after transaction: 2,088 shares
+2 more
5 metrics
RSUs exercised
522 units
RSUs converted into common stock on September 3, 2026
Common stock acquired from RSUs
522 shares
Shares received upon RSU conversion on September 3, 2026
Common shares held after transaction
2,088 shares
Direct DOCUSIGN common stock ownership after September 3, 2026 transaction
RSUs held after transaction
4,177 units
Direct RSU holdings after the reported RSU exercise
RSU vesting schedule
12 quarterly installments over 3 years
Vesting from September 3, 2025, subject to continued service
Key Terms
Restricted Stock Units, vesting commencement date, service provider
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.
vesting commencement date financial
"with a vesting commencement date of September 3, 2025"
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.
service provider financial
"subject to the Reporting Person being a service provider through each such date"
FAQ
What insider transaction did DOCU director Michael Rosenbaum report on this Form 4?
He reported exercising 522 Restricted Stock Units into 522 shares of DOCUSIGN common stock on September 3, 2026, with no reported open-market sale associated with this transaction.
How many Restricted Stock Units in DOCU does Michael Rosenbaum hold after the transaction?
He holds 4,177 Restricted Stock Units (RSUs) directly after the September 3, 2026 transaction, each representing a contingent right to receive one share of DOCUSIGN common stock upon vesting.
What is the vesting schedule of Michael Rosenbaum’s DOCU RSUs?
The RSUs vest in twelve equal quarterly installments over three years, with a vesting commencement date of September 3, 2025, subject to him continuing as a service provider through each vesting date.
Do Michael Rosenbaum’s DOCU RSUs have an expiration date?
According to the filing, the RSUs do not expire; they either vest according to the schedule or are canceled before the vesting date, depending on continued service.
Was Michael Rosenbaum’s DOCU transaction under a Rule 10b5-1 trading plan?
The filing indicates that no Rule 10b5-1 trading plan is reported, as the document-level checkbox for such a plan is not marked affirmatively.
AI-generated analysis. How Rhea-AI works. Not financial advice.
