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DocuSign (DOCU) director logs 365-share sale and 729 RSU conversion

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

DOCUSIGN, INC. director Anna Marrs reported mixed share activity. On March 3, 2026, she executed an open-market sale of 365 shares of common stock at $45.02 per share under a pre-arranged Rule 10b5-1 plan, leaving 11,889 shares of common stock directly owned.

On February 28, 2026, 729 Restricted Stock Units (RSUs) were exercised into 729 shares of common stock. Each RSU represents one share, with RSUs scheduled to vest quarterly starting May 29, 2025 over one year, subject to continued service, and they either vest or are canceled rather than expiring.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Marrs Anna

(Last) (First) (Middle)
C/O DOCUSIGN, INC.
221 MAIN STREET, SUITE 800

(Street)
SAN FRANCISCO CA 94105

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DOCUSIGN, INC. [ DOCU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/28/2026 M 729 A $0 12,254 D
Common Stock 03/03/2026 S 365 D(1) $45.02 11,889 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 02/28/2026 M 729 (3) (4) Common Stock 729 $0 729 D
Explanation of Responses:
1. The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
3. 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.
4. The RSUs do not expire; they either vest or are canceled prior to vesting date.
Remarks:
/s/ Derrick Chapman, Attorney-in-fact 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did DOCUSIGN (DOCU) director Anna Marrs report?

Anna Marrs reported a sale of 365 shares of DOCUSIGN common stock at $45.02 per share, plus the conversion of 729 RSUs into common shares. These transactions reflect both a small open-market sale and equity compensation vesting.

How many DOCUSIGN (DOCU) shares did Anna Marrs sell and at what price?

She sold 365 shares of DOCUSIGN common stock at $45.02 per share. The sale was executed as an open-market transaction under a pre-arranged Rule 10b5-1 plan, indicating it was scheduled in advance rather than timed discretionarily.

What Restricted Stock Unit activity did DOCUSIGN (DOCU) disclose for Anna Marrs?

DOCUSIGN disclosed that 729 RSUs held by Anna Marrs were exercised or converted into 729 shares of common stock. Each RSU represents a contingent right to receive one share upon vesting, reflecting equity compensation rather than a market purchase.

What is Anna Marrs’ DOCUSIGN (DOCU) share ownership after these transactions?

Following the reported March 3, 2026 sale, Anna Marrs directly owns 11,889 shares of DOCUSIGN common stock. This figure reflects her holdings after the open-market sale of 365 shares and the earlier issuance of 729 shares from RSU conversion.

How do Anna Marrs’ DOCUSIGN (DOCU) RSUs vest over time?

Her RSUs have a vesting commencement date of May 29, 2025 and vest in equal quarterly installments over one year. The final quarterly installment vests on the earlier of the next annual stockholders’ meeting or the one-year anniversary, subject to continued service.

Do Anna Marrs’ DOCUSIGN (DOCU) RSUs expire if unvested?

The RSUs do not have a traditional expiration date; they either vest or are canceled before vesting. This means unvested units lapse if vesting conditions, including her continued status as a service provider, are not satisfied by the relevant dates.

Was the DOCUSIGN (DOCU) insider sale by Anna Marrs pre-planned?

Yes. The filing states the 365-share sale on March 3, 2026 was executed under a Rule 10b5-1 trading plan adopted by Anna Marrs, indicating the transaction was pre-arranged according to predetermined instructions rather than initiated opportunistically.
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9.75B
197.77M
Software - Application
Services-prepackaged Software
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United States
SAN FRANCISCO