DocuSign director exercises 522 RSUs into shares
DOCUSIGN, INC. director Michael George Rosenbaum exercised restricted stock units into common shares.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
DOCUSIGN, INC. director Michael George Rosenbaum exercised restricted stock units into common shares. He acquired 522 shares of common stock through the conversion of 522 restricted stock units at a reported price of $0.0000 per share, with no shares sold in these transactions.
Following the exercise, he directly holds 1,566 shares of common stock and 4,699 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock, and the units vest in twelve equal quarterly installments over three years, subject to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 522 | $0.00 | $0.00 |
| Exercise | Common Stock | 522 | $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 will vest in twelve equal quarterly installments over three years, with a vesting commencement date of September 3, 2025, 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 financial
service provider financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DOCUSIGN (DOCU) director Michael Rosenbaum report?
What are restricted stock units (RSUs) in the DOCUSIGN (DOCU) insider report?
What is the vesting schedule for Michael Rosenbaum’s DOCUSIGN (DOCU) RSUs?
Do Michael Rosenbaum’s DOCUSIGN (DOCU) RSUs expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.