Docusign director granted 4,384 RSUs, exercises 729
DOCUSIGN director Peter Solvik reported equity compensation and a routine option-style exercise.
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Form Type
4
Rhea-AI Filing Summary
DOCUSIGN director Peter Solvik reported equity compensation and a routine option-style exercise. On June 1, 2026, he received a grant of 4,384 Restricted Stock Units, each representing one share of common stock, vesting quarterly over one year starting on that date, subject to continued service.
On May 29, 2026, Solvik exercised 729 RSUs for 729 shares of common stock at an exercise price of $0.00, bringing his directly held common stock to 8,970 shares. The filing also lists indirect holdings, including 6,458 shares held by his spouse, 65,558 shares held by children’s trusts, 120,253 shares held by a trust, and 3 shares held by a family partnership. No open-market purchases or sales were reported.
Insider Trade Summary
729 shares exercised/converted
Exercise
7 txns
Insider
Solvik Peter
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,384 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 729 | $0.00 | $0.00 |
| Exercise | Common Stock | 729 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,384 contracts (Direct);
Common Stock — 8,970 shares (Direct);
Common Stock — 120,253 shares (Indirect, By Trust);
Common Stock — 65,558 shares (Indirect, By Children's Trusts);
Common Stock — 3 shares (Indirect, By Family Partnership);
Common Stock — 6,458 shares (Indirect, By Spouse)
Footnotes (4)
- 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 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.
- F3. The RSUs do not expire; they either vest or are canceled prior to vesting date.
- F4. 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.
Key Figures
RSUs granted: 4,384 RSUs
RSUs exercised: 729 RSUs
Direct common shares after exercise: 8,970 shares
+4 more
7 metrics
RSUs granted
4,384 RSUs
Grant to director on June 1, 2026
RSUs exercised
729 RSUs
Exercised into common stock on May 29, 2026
Direct common shares after exercise
8,970 shares
Direct holdings following reported transactions
Spouse-held shares
6,458 shares
Indirect ownership by spouse
Children’s trusts shares
65,558 shares
Indirect ownership by children’s trusts
Trust-held shares
120,253 shares
Indirect ownership by trust
Family partnership shares
3 shares
Indirect ownership by family partnership
Key Terms
Restricted Stock Units, vest commencement date, quarterly installments, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock."
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.
vest commencement date financial
"The RSUs have a vest commencement date of June 1, 2026 and will vest in equal quarterly installments over one year"
quarterly installments financial
"will vest in equal quarterly installments over one year, provided that the fourth quarterly installment shall vest in full"
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represents a contingent right to receive one share of the Issuer's common stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did DOCUSIGN (DOCU) director Peter Solvik report in this Form 4?
Director Peter Solvik reported equity compensation and a routine RSU exercise. He received 4,384 Restricted Stock Units and exercised 729 RSUs into common stock, increasing his directly held DOCUSIGN shares to 8,970, with additional indirect holdings through family-related entities.
How many Restricted Stock Units were granted to Peter Solvik at DOCUSIGN (DOCU)?
Peter Solvik was granted 4,384 Restricted Stock Units. Each RSU represents a contingent right to receive one DOCUSIGN common share, vesting in equal quarterly installments over one year starting June 1, 2026, subject to his continued service with the company during the vesting period.
When do Peter Solvik’s new DOCUSIGN (DOCU) RSUs vest?
The new RSUs for Peter Solvik have a vesting start date of June 1, 2026. They vest in equal quarterly installments over one year, with the final installment vesting on the earlier of DOCUSIGN’s next annual stockholder meeting or the one-year anniversary of the grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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