STOCK TITAN

DOCUSIGN (DOCU) director Teresa Briggs gets RSU grant and sells shares

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

Rhea-AI Filing Summary

DOCUSIGN, INC. director Teresa Briggs reported a mix of equity compensation and routine trading activity. She received a grant of 4,384 restricted stock units, each representing one share of common stock, which will vest in equal quarterly installments over one year, subject to continued service. On the same filing, she exercised 729 RSUs into common stock and sold 365 common shares at $50.04 per share in an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan. Following these transactions, she holds 10,263 common shares directly.

Positive

  • None.

Negative

  • None.
Insider Briggs Teresa
Role null
Sold 365 shs ($18K)
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 --
Sale Common Stock 365 $50.04 $18K
Holdings After Transaction: Restricted Stock Units — 4,384 shares (Direct, null); Common Stock — 10,628 shares (Direct, null)
Footnotes (1)
  1. The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person. 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.
RSUs granted 4,384 units Restricted stock units granted to director Teresa Briggs
RSUs exercised 729 units RSUs converted into DOCUSIGN common stock
Shares sold 365 shares Open-market sale of DOCUSIGN common stock
Sale price $50.04/share Price per share for 365-share open-market sale
Shares held after 10,263 shares DOCUSIGN common shares held directly post-transaction
Net sell shares 365 shares Net sell direction from transaction summary
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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.
Rule 10b5-1 plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
vest in equal quarterly installments financial
"will vest in equal quarterly installments over one year, provided that the fourth quarterly installment"
contingent right financial
"represents a contingent right to receive one share of the Issuer's common stock"
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SEC Form 4
FORM 4UNITED 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).
X
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*
Briggs Teresa

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

(Street)
SAN FRANCISCO CALIFORNIA 94105

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DOCUSIGN, INC. [ DOCU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/29/2026M729A$010,628D
Common Stock05/29/2026S365(1)D$50.0410,263D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)05/29/2026M729 (3) (4)Common Stock729$00D
Restricted Stock Units(2)06/01/2026A4,384 (5) (4)Common Stock4,384$04,384D
Explanation of Responses:
1. The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
3. 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.
4. The RSUs do not expire; they either vest or are canceled prior to vesting date.
5. 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.
Remarks:
/s/ Derrick Chapman, Attorney-in-fact06/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did DOCUSIGN (DOCU) director Teresa Briggs report in this Form 4?

Teresa Briggs reported a new equity grant and routine trading activity. She received 4,384 restricted stock units and, in a separate move, exercised 729 RSUs and sold 365 common shares, leaving her with 10,263 DOCUSIGN shares held directly afterward.

How many DOCUSIGN (DOCU) restricted stock units were granted to Teresa Briggs?

Teresa Briggs 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, subject to her continuing as a service provider through each applicable vesting date.

At what price did Teresa Briggs sell DOCUSIGN (DOCU) shares in this filing?

She sold 365 DOCUSIGN common shares at $50.04 per share. The sale was reported as an open-market transaction and was carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person, indicating it was scheduled in advance.

How many DOCUSIGN (DOCU) shares does Teresa Briggs hold after these transactions?

After the reported transactions, Teresa Briggs holds 10,263 DOCUSIGN common shares directly. This figure reflects her position following exercising 729 RSUs into common stock and selling 365 shares in an open-market transaction disclosed in the same Form 4.

What is the vesting schedule for Teresa Briggs’ new DOCUSIGN (DOCU) RSU grant?

The 4,384 RSUs vest in equal quarterly installments over one year. The final quarterly installment vests on the earlier of the company’s next annual stockholder meeting or the one-year anniversary of the grant, assuming she remains a service provider through each vest date.

What does it mean that Teresa Briggs’ DOCUSIGN (DOCU) sale used a Rule 10b5-1 plan?

A Rule 10b5-1 plan is a pre-arranged trading program for insiders. The filing notes her share sale was executed under such a plan, indicating the timing and amount were set in advance, rather than decided opportunistically at the time of the trade.