DocuSign (DOCU) director sells shares under plan and converts RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DocuSign director James A. Beer reported mixed insider activity. On March 3, 2026, he sold 450 shares of common stock in an open-market trade at $45.02 per share under a pre-arranged Rule 10b5-1 plan. On February 28, 2026, he acquired 729 shares of common stock from the conversion of 729 Restricted Stock Units. Following these transactions, he directly held 14,757 common shares, with an additional 5,543 shares held indirectly by a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 450 shares ($20,259)
Net Sell
4 txns
Insider
BEER JAMES A
Role
Director
Sold
450 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 450 | $45.02 | $20K |
| Exercise | Restricted Stock Units | 729 | $0.00 | -- |
| Exercise | Common Stock | 729 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,757 shares (Direct);
Restricted Stock Units — 729 shares (Direct);
Common Stock — 5,543 shares (Indirect, By Trust)
Footnotes (1)
- The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person. 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.