DocuSign director converts 1,096 RSUs to stock
Rhea-AI Filing Summary
DOCUSIGN, INC. (DOCU) director Enrique T Salem reported the exercise and conversion of 1,096 Restricted Stock Units into 1,096 shares of common stock on September 1, 2026, at a stated price of $0.00 per share. Following the transactions, he holds 168,414 common shares and 3,288 RSUs directly. Each RSU represents a contingent right to receive one share of common stock, with the RSUs vesting in equal quarterly installments over one year starting June 1, 2026, subject to continued service. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,096 shares exercised/converted
Exercise
2 txns
Insider
Salem Enrique T
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 |
Holdings After Transaction:
Restricted Stock Units — 3,288 contracts (Direct);
Common Stock — 168,414 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 have a vesting 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 a vesting date.
Key Figures
RSUs exercised: 1,096 units
Common stock acquired from RSUs: 1,096 shares
Post-transaction common stock holdings: 168,414 shares
+3 more
6 metrics
RSUs exercised
1,096 units
Restricted Stock Units converted into common stock on September 1, 2026
Common stock acquired from RSUs
1,096 shares
Shares of DocuSign common stock received upon RSU exercise
Post-transaction common stock holdings
168,414 shares
Directly held by Enrique T Salem after the September 1, 2026 transactions
Post-transaction RSU holdings
3,288 units
Restricted Stock Units remaining after the reported exercise
Reported exercise price
$0.00 per share
Stated price for the conversion of 1,096 RSUs into common stock
RSU vesting start date
June 1, 2026
Vesting commencement date for the RSU award described in the footnotes
Key Terms
Restricted Stock Units, contingent right, vesting commencement date, equal quarterly installments, +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.
contingent right financial
"represents a contingent right to receive one share of the Issuer's"
vesting commencement date financial
"The RSUs have a vesting commencement date of June 1, 2026 and will"
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.
equal quarterly installments financial
"will vest in equal quarterly installments over one year, provided that"
service provider financial
"subject to the Reporting Person being a service provider through each"
FAQ
What insider transaction did DOCU director Enrique T Salem report?
He exercised and converted 1,096 Restricted Stock Units into 1,096 shares of DocuSign common stock on September 1, 2026, at a stated price of $0.00 per share, as part of his equity compensation.
What are the vesting terms of Enrique T Salem’s DOCU RSUs?
The RSUs have a vesting commencement date of June 1, 2026 and will 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, subject to continued service.
Does DocuSign receive cash from this RSU exercise reported for DOCU?
The transaction reports a per-share price of $0.00 for the conversion of 1,096 RSUs into common stock, indicating this was a non-cash equity compensation event rather than an open-market purchase.
Was Enrique T Salem’s DOCU transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and no footnote describes a Rule 10b5-1 or other pre-arranged trading plan for these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
