DocuSign (DOCU) director receives 729 shares from RSU conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOCUSIGN, INC. director Mary Agnes Wilderotter acquired 729 shares of common stock through the exercise and conversion of Restricted Stock Units on February 28, 2026 at a price of $0.00 per share. Following this transaction, she directly holds 59,803 common shares.
Each RSU represents a right to receive one share of common stock. These RSUs have a vest commencement date of May 29, 2025 and vest in equal quarterly installments over one year, with the final installment vesting on the earlier of the next annual stockholder meeting or the one-year anniversary of the grant, subject to her continued service. The RSUs do not expire; they either vest or are canceled before vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
729 shares exercised/converted
Mixed
2 txns
Insider
Wilderotter Mary Agnes
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 729 | $0.00 | -- |
| Exercise | Common Stock | 729 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 729 shares (Direct);
Common Stock — 59,803 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. The RSUs have a vest commencement date of May 29, 2025 and will vest in equal quarterly installments over one year, provided that the fourth quarterly installment shall vest in full on the earlier of (i) the date of the Company's next annual meeting of stockholders and (ii) the one year anniversary of the grant, in each case, subject to the Reporting Person being a service provider through each such date. The RSUs do not expire; they either vest or are canceled prior to vesting date.
FAQ
What insider transaction did DOCUSIGN (DOCU) director Mary Wilderotter report?
Mary Agnes Wilderotter reported acquiring 729 shares of DOCUSIGN common stock on February 28, 2026 through the exercise and conversion of Restricted Stock Units (RSUs), with no cash price per share. This is a stock-based compensation event, not an open-market purchase.
Was Mary Wilderotter’s DOCUSIGN (DOCU) transaction an open-market buy or sell?
The transaction was not an open-market buy or sell. It was categorized as an exercise or conversion of derivative security (Code M), where 729 RSUs converted into the same number of DOCUSIGN common shares at a stated price of $0.00 per share.
What are the key terms of Mary Wilderotter’s DOCUSIGN (DOCU) RSUs?
Each RSU represents a contingent right to receive one DOCUSIGN share. The RSUs have a vest commencement date of May 29, 2025 and vest in equal quarterly installments over one year, subject to her continued service with the company through each vesting date.
How does the vesting schedule work for Mary Wilderotter’s DOCUSIGN (DOCU) RSUs?
The RSUs vest in equal quarterly installments over one year starting on May 29, 2025. The fourth quarterly installment fully vests on the earlier of DOCUSIGN’s next annual stockholder meeting or the one-year anniversary of the grant, assuming she remains a service provider.
Do Mary Wilderotter’s DOCUSIGN (DOCU) RSUs have an expiration date?
The RSUs do not expire in the traditional option sense. According to the disclosure, they either vest on the specified schedule or are canceled prior to the vesting date, depending on whether vesting conditions, including continued service, are satisfied.