STOCK TITAN

DOCUSIGN (DOCU) director converts restricted stock units into 522 common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DOCUSIGN, INC. director Michael George Rosenbaum reported the exercise or conversion of restricted stock units into common stock. On March 3, 2026, he exercised 522 restricted stock units at a price of $0.0000 per unit, receiving 522 shares of common stock. After these transactions, he directly held 5,221 restricted stock units and 1,044 shares of common stock. Each RSU represents the right to receive one share of common stock and will vest in twelve equal quarterly installments over three years starting on September 3, 2025, as long as he continues as a service provider.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rosenbaum Michael George

(Last) (First) (Middle)
C/O DOCUSIGN, INC.
221 MAIN STREET, SUITE 800

(Street)
SAN FRANCISCO CA 94105

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DOCUSIGN, INC. [ DOCU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/03/2026 M 522 A $0 1,044 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/03/2026 M 522 (2) (3) Common Stock 522 $0 5,221 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
2. 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.
3. The RSUs do not expire; they either vest or are canceled prior to vesting date.
Remarks:
/s/ Derrick Chapman, Attorney-in-fact 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did DOCUSIGN (DOCU) director Michael Rosenbaum report in this Form 4?

Michael Rosenbaum reported exercising 522 restricted stock units into 522 shares of DOCUSIGN common stock at $0.0000 per share. These transactions reflect the conversion of equity awards, not an open-market purchase or sale of shares.

How many DOCUSIGN shares and RSUs does Michael Rosenbaum hold after this filing?

Following the reported transactions, Michael Rosenbaum directly holds 1,044 shares of DOCUSIGN common stock and 5,221 restricted stock units. Each RSU represents a contingent right to receive one share of the company’s common stock upon vesting.

What type of transactions are shown in this DOCUSIGN (DOCU) Form 4?

The Form 4 shows derivative exercise or conversion transactions, coded “M.” Rosenbaum converted 522 restricted stock units into 522 common shares at a stated price of $0.0000 per share, reflecting equity award vesting mechanics rather than market trading.

How do Michael Rosenbaum’s DOCUSIGN RSUs vest according to the filing?

The RSUs vest in twelve equal quarterly installments over three years, beginning on September 3, 2025. Vesting occurs only if Rosenbaum remains a service provider through each vesting date, providing ongoing performance and service-based conditions to receive the underlying shares.

Do DOCUSIGN (DOCU) RSUs reported here ever expire or lapse automatically?

According to the disclosure, these restricted stock units do not have a fixed expiration date. They either vest into DOCUSIGN common stock under the scheduled terms or are canceled before the applicable vesting date if vesting conditions are not satisfied.

Was this DOCUSIGN Form 4 a buy or sell of shares on the open market?

The transactions were not open-market buys or sells. They were exercises or conversions of restricted stock units into common stock at $0.0000 per share, reflecting equity compensation mechanics rather than discretionary trading in DOCUSIGN’s stock.
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Software - Application
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United States
SAN FRANCISCO