DOCUSIGN director converts 522 RSUs to common shares
DOCUSIGN, INC. director Michael George Rosenbaum reported the exercise or conversion of restricted stock units into common stock.
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.
Positive
- None.
Negative
- None.
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.
FAQ
What did DOCUSIGN (DOCU) director Michael Rosenbaum report in this Form 4?
What type of transactions are shown in this DOCUSIGN (DOCU) Form 4?
How do Michael Rosenbaum’s DOCUSIGN RSUs vest according to the filing?
Do DOCUSIGN (DOCU) RSUs reported here ever expire or lapse automatically?
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