DocuSign director converts 1,096 RSUs to shares
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Rhea-AI Filing Summary
DOCUSIGN, INC. (DOCU) director Cain A. Hayes reported the vesting and conversion of 1,096 Restricted Stock Units into an equal number of shares of common stock on September 1, 2026. Following these transactions, Hayes holds 3,288 RSUs and 16,813 shares of common stock directly. Each RSU represents a contingent right to receive one share of common stock, with vesting in equal quarterly installments over one year starting June 1, 2026, subject to continued service.
Insider Trade Summary
| 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 |
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
Key Terms
Restricted Stock Units financial
contingent right financial
vest commencement date financial
quarterly installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DOCU director Cain A. Hayes report on this Form 4?
How many Restricted Stock Units in DOCU does Cain A. Hayes hold after this filing?
What are the vesting terms of Cain A. Hayes’s DOCU RSUs?
Do the RSUs reported by Cain A. Hayes in DOCU have an expiration date?
Was Cain A. Hayes’s DOCU transaction under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.