DocuSign (DOCU) director receives 10,269 restricted stock units vesting over 3 years
Rhea-AI Filing Summary
Roberts Brian Keith reported acquisition or exercise transactions in this Form 4 filing.
DocuSign director Brian Keith Roberts received a grant of 10,269 restricted stock units (RSUs). Each RSU represents the right to receive one share of DocuSign common stock. The award will vest in twelve equal quarterly installments over three years starting on March 5, 2026, as long as he remains a service provider. The RSUs have no traditional expiration date; they either vest on schedule or are canceled if vesting conditions are not met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,269 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest in twelve equal quarterly installments over three years, with a vesting commencement date of March 5, 2026, 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, INC. (DOCU) report for Brian Keith Roberts?
The company reported that director Brian Keith Roberts received a grant of 10,269 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of DocuSign common stock, subject to future vesting conditions.
How many restricted stock units were granted in this DOCU Form 4 filing?
The Form 4 shows a grant of 10,269 restricted stock units. These RSUs are compensation-type awards and do not involve any cash purchase by the director, as the transaction price per unit is reported as $0.0000.
What are the vesting terms of the RSUs granted to the DOCU director?
The RSUs will vest in twelve equal quarterly installments over three years, beginning on March 5, 2026. Vesting is conditioned on Brian Keith Roberts continuing as a service provider through each applicable vesting date.
What does each RSU represent in the DOCUSIGN, INC. Form 4 filing?
Each restricted stock unit represents a contingent right to receive one share of DocuSign common stock. Actual shares are delivered only if the RSUs vest under the specified time-based service conditions.
Do the DOCU restricted stock units granted to the director have an expiration date?
The RSUs do not have a traditional expiration date. According to the disclosure, they either vest on their scheduled vesting dates or are canceled before vesting if the service conditions are not satisfied.