DocuSign (NASDAQ: DOCU) director receives 4,384 RSUs, exercises 729 shares
Rhea-AI Filing Summary
DocuSign director Irving Blake reported equity compensation activity. Blake received a grant of 4,384 restricted stock units (RSUs), each representing a contingent right to one share of DocuSign common stock. These RSUs have a vest commencement date of June 1, 2026 and will vest in equal quarterly installments over one year, with the final tranche vesting on the earlier of the next annual stockholder meeting or the one-year anniversary of the grant, subject to continued service.
On May 29, 2026, 729 RSUs were exercised and converted into 729 shares of common stock, reflecting a derivative exercise rather than an open-market purchase. Following this transaction, Blake directly held 26,093 shares of DocuSign common stock. The RSUs do not expire; they either vest or are canceled before vesting, so these transactions primarily reflect routine director compensation and vesting mechanics.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,384 | $0.00 | -- |
| Exercise | Restricted Stock Units | 729 | $0.00 | -- |
| Exercise | Common Stock | 729 | $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 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. The RSUs do not expire; they either vest or are canceled prior to vesting date. 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.