DocuSign director exercises 856 RSUs for stock
Rhea-AI Filing Summary
DOCUSIGN, INC. (DOCU) director Brian Keith Roberts reported the exercise of 856 Restricted Stock Units (RSUs) into 856 shares of Common Stock on September 5, 2026, at a stated price of $0.00 per share. Following this conversion, he held 1,711 shares of Common Stock directly.
The exercised RSUs each represent a contingent right to receive one share of DOCU common stock. After this transaction, Roberts also held 8,558 RSUs, which are scheduled to vest in twelve equal quarterly installments over three years, with a vesting commencement date of March 5, 2026, subject to his continued service. The RSUs do not have an expiration date; they either vest or are canceled. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
856 shares exercised/converted
Exercise
2 txns
Insider
Roberts Brian Keith
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2, F3 | 856 | $0.00 | $0.00 |
| Exercise | Common Stock | 856 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 8,558 contracts (Direct);
Common Stock — 1,711 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 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.
- F3. The RSUs do not expire; they either vest or are canceled prior to vesting date.
Key Figures
RSUs exercised: 856 shares
Common Stock acquired from RSU exercise: 856 shares
Common Stock holdings after transaction: 1,711 shares
+3 more
6 metrics
RSUs exercised
856 shares
RSUs converted into DOCUSIGN common stock on September 5, 2026
Common Stock acquired from RSU exercise
856 shares
Shares of DOCUSIGN common stock received on September 5, 2026
Common Stock holdings after transaction
1,711 shares
Direct holdings of Brian Keith Roberts following the September 5, 2026 transactions
RSU holdings after transaction
8,558 RSUs
Remaining Restricted Stock Units after the reported exercise
RSU vesting schedule
12 quarterly installments over 3 years
Vesting of RSUs starting from March 5, 2026, subject to continued service
RSU to share ratio
1 RSU per 1 share
Each RSU represents a contingent right to receive one DOCUSIGN common share
Key Terms
Restricted Stock Units, contingent right, vesting commencement date, service provider, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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 common stock"
vesting commencement date financial
"with a vesting commencement date of March 5, 2026, in each case subject"
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.
service provider financial
"subject to the Reporting Person being a service provider through each such date"
canceled prior to vesting date financial
"they either vest or are canceled prior to vesting date"
FAQ
What insider transaction did DOCU director Brian Keith Roberts report?
He reported the exercise of 856 Restricted Stock Units into 856 shares of DOCUSIGN common stock on September 5, 2026, at a stated price of $0.00 per share, updating both his common stock and RSU holdings.
How many DOCUSIGN RSUs does Brian Keith Roberts hold after the transaction?
Following the exercise, Brian Keith Roberts holds 8,558 Restricted Stock Units. Each RSU represents a contingent right to receive one share of DOCUSIGN common stock, subject to vesting conditions.
What are the vesting terms for Brian Keith Roberts’ DOCUSIGN RSUs?
His RSUs will vest in twelve equal quarterly installments over three years, with a vesting commencement date of March 5, 2026, provided he remains a service provider through each vesting date.
Do Brian Keith Roberts’ DOCUSIGN RSUs expire if unvested?
The filing states that the RSUs do not expire; they either vest or are canceled prior to the vesting date. There is no separate expiration date beyond the vesting or cancellation condition.
Were Brian Keith Roberts’ DOCUSIGN transactions under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for these transactions, meaning they are not affirmed as made under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
