DocuSign director gets 1,096 shares on RSU vest
Docusign director Peter Solvik received 1,096 common shares from RSU vesting and now holds 10,066 shares directly plus additional indirect and RSU positions.
Rhea-AI Filing Summary
Docusign, Inc. (DOCU) reported that director Peter Solvik had 1,096 Restricted Stock Units convert into the same number of shares of common stock on September 1, 2026 at $0.00 per share. Following this event, he holds 10,066 shares of common stock directly, plus additional indirect holdings through various trusts, a family partnership, and a spouse, and 3,288 RSUs remain outstanding. The RSUs vest in equal quarterly installments over one year starting June 1, 2026, subject to his continued service, and either vest or are canceled; they do not expire. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,096 shares exercised/converted
Exercise
6 txns
Insider
Solvik Peter
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2, F3 | 1,096 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,096 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,288 contracts (Direct);
Common Stock — 10,066 shares (Direct);
Common Stock — 120,253 shares (Indirect, By Trust);
Common Stock — 65,558 shares (Indirect, By Children's Trusts);
Common Stock — 3 shares (Indirect, By Family Partnership);
Common Stock — 6,458 shares (Indirect, By Spouse)
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 have a vest commencement date of June 1, 2026 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.
- F3. The RSUs do not expire; they either vest or are canceled prior to vesting date.
Key Figures
RSUs converted: 1,096 units
Common shares acquired from RSUs: 1,096 shares
Direct common stock holdings after transaction: 10,066 shares
+5 more
8 metrics
RSUs converted
1,096 units
Restricted Stock Units converted into common stock on September 1, 2026
Common shares acquired from RSUs
1,096 shares
Shares of common stock received upon RSU conversion on September 1, 2026
Direct common stock holdings after transaction
10,066 shares
Shares of Docusign common stock held directly by Peter Solvik after September 1, 2026
RSUs outstanding after transaction
3,288 units
Restricted Stock Units remaining following the September 1, 2026 conversion
Indirect holdings by Trust
120,253 shares
Common stock held indirectly by trust after the reported date
Indirect holdings by Children's Trusts
65,558 shares
Common stock held indirectly by children’s trusts after the reported date
Indirect holdings by Family Partnership
3 shares
Common stock held indirectly by a family partnership after the reported date
Indirect holdings by Spouse
6,458 shares
Common stock held indirectly by spouse after the reported date
Key Terms
Restricted Stock Units, vest commencement date, contingent right, service provider, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive"
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.
vest commencement date financial
"The RSUs have a vest commencement date of June 1, 2026 and will vest"
contingent right financial
"represents a contingent right to receive one share of the Issuer's common"
service provider financial
"subject to the Reporting Person being a service provider through each such"
annual meeting of stockholders financial
"earlier of (i) the date of the Company's next annual meeting of stockholders"
FAQ
What insider transaction did Docusign (DOCU) director Peter Solvik report on September 1, 2026?
He reported the conversion of 1,096 Restricted Stock Units into 1,096 shares of common stock on September 1, 2026, at $0.00 per share, as part of his equity compensation vesting.
What RSU balance does Peter Solvik have after the reported Docusign (DOCU) transaction?
Following the conversion of 1,096 RSUs, Peter Solvik has 3,288 Restricted Stock Units remaining, each representing a contingent right to receive one share of Docusign common stock, subject to future vesting.
What is the vesting schedule of Peter Solvik’s RSUs at Docusign (DOCU)?
The RSUs have a vest commencement date of June 1, 2026 and vest in equal quarterly installments over one year. The fourth installment vests on the earlier of the next annual stockholders’ meeting or the one-year anniversary of grant, subject to continued service.
Does Peter Solvik have indirect holdings of Docusign (DOCU) stock?
Yes. The Form 4 reports indirect ownership of Docusign common stock by a trust, children’s trusts, a family partnership, and a spouse, with separate post-transaction share counts listed for each entity.
Was the reported Docusign (DOCU) transaction made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, indicating no Rule 10b5-1 trading plan is reported for this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
