Docusign CRO exercises awards, withholds shares for tax
Docusign Chief Revenue Officer Paula Hansen reported several equity compensation transactions.
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Form Type
4
Rhea-AI Filing Summary
Docusign Chief Revenue Officer Paula Hansen reported several equity compensation transactions. On June 15, 2026, she exercised or vested equity awards covering 32,516 shares of common stock from restricted stock units and performance stock units, and 16,123 shares of common stock were withheld to cover tax obligations on these vestings. After one of the June 15 transactions, she directly held 95,972 shares of Docusign common stock. Earlier, on April 3, 2026, she also acquired 346 shares under the company’s Employee Stock Purchase Plan at a purchase price of $41.11 per share.
Insider Trade Summary
32,516 shares exercised/converted
Exercise
7 txns
Insider
Hansen Paula
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,033 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 15,980 | $0.00 | $0.00 |
| Exercise | Performance Stock Units | 7,325 | $0.00 | $0.00 |
| Exercise | Performance Stock Units | 5,178 | $0.00 | $0.00 |
| Exercise | Common Stock | 32,516 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 16,123 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 346 | $41.11 | $14K |
Holdings After Transaction:
Restricted Stock Units — 168,020 contracts (Direct);
Performance Stock Units — 27,830 contracts (Direct);
Common Stock — 95,972 shares (Direct)
Footnotes (9)
- F1. Shares acquired pursuant to the Docusign, Inc. 2018 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of October 6, 2025, through April 3, 2026. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on April 3, 2026.
- F2. Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of restricted stock units ("RSUs") and performance-vested restricted stock unit ("PSUs").
- F3. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F4. The RSUs will vest quarterly over a four year period commencing May 10, 2025, with 40% vesting during year 1, 35% vesting during year 2, 15% vesting during year 3, and 10% vesting during year 4, in each case subject to the Reporting Person being a service provider through each such date.
- F5. The RSUs do not expire; they either vest or are canceled prior to vesting date.
- F6. The RSUs will vest 25% over the first year, while the remaining will vest in twelve (12) equal quarterly installments over three years, with a vesting commencement date of August 10, 2024, in each case subject to the Reporting Person being a service provider through each such date. The RSUs are subject to accelerated vesting in the event of a termination of employment of the Reporting Person including under certain circumstances following a change in control of the Issuer.
- F7. Each PSU represents a contingent right to receive one share of the Issuer's common stock.
- F8. The PSUs will vest depending on the Company's subscription revenue for the twelve-month period ended January 31, 2025 (the "FY25 Performance Period"). The maximum number of subscription revenue-based PSUs that may vest is capped at 200% of the target number of subscription revenue-based PSUs. To the extent achieved, 1/3 of any achieved subscription revenue-based PSUs will vest following the one-year anniversary of the vesting commencement date and the balance will vest in eight equal quarterly installments thereafter, subject to continued service with certain limited exceptions.
- F9. The PSUs will vest depending on the Company's free cash flow for the FY25 Performance Period. The maximum number of free cash flow-based PSUs that may vest is capped at 200% of the target number of free cash flow-based PSUs. To the extent achieved, 1/3 of any achieved free cash flow-based PSUs will vest following the one-year anniversary of the vesting commencement date and the balance will vest in eight equal quarterly installments thereafter, subject to continued service with certain limited exceptions.
Key Figures
Equity awards exercised/vested: 32,516 shares
Shares withheld for taxes: 16,123 shares
Common shares held: 112,095 shares
+4 more
7 metrics
Equity awards exercised/vested
32,516 shares
Common stock from RSUs and PSUs on June 15, 2026
Shares withheld for taxes
16,123 shares
Tax obligation on RSU and PSU vesting June 15, 2026
Common shares held
112,095 shares
Direct ownership after a June 15, 2026 transaction
ESPP shares acquired
346 shares
Purchased April 3, 2026 under 2018 ESPP
ESPP purchase price
$41.11 per share
85% of DOCUSIGN closing price on April 3, 2026
RSUs converted
15,980 shares
Restricted Stock Units into common stock on June 15, 2026
PSUs converted
7,325 shares
Performance Stock Units into common stock on June 15, 2026
Key Terms
Employee Stock Purchase Plan, restricted stock units, performance-vested restricted stock unit, subscription revenue, +1 more
5 terms
Employee Stock Purchase Plan financial
"Shares acquired pursuant to the Docusign, Inc. 2018 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of October 6, 2025, through April 3, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
restricted stock units financial
"Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of restricted stock units ("RSUs") and performance-vested restricted stock unit ("PSUs")."
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.
performance-vested restricted stock unit financial
"Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of restricted stock units ("RSUs") and performance-vested restricted stock unit ("PSUs")."
subscription revenue financial
"The PSUs will vest depending on the Company's subscription revenue for the twelve-month period ended January 31, 2025 (the "FY25 Performance Period")."
Payments a company receives on a regular schedule from customers who pay to access a product or service over time, like a magazine or gym membership fee. Investors care because these recurring payments create more predictable sales and cash flow, make future revenue easier to forecast, and indicate customer loyalty; changes in subscription growth or churn can quickly affect a company’s valuation and financial health.
free cash flow financial
"The PSUs will vest depending on the Company's free cash flow for the FY25 Performance Period."
Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did DOCUSIGN (DOCU) CRO Paula Hansen report?
Paula Hansen reported equity compensation activity, including exercises of restricted and performance stock units into common shares and a tax-withholding share disposition. She also acquired shares through DOCUSIGN’s Employee Stock Purchase Plan during the October 2025–April 2026 purchase period.
How do DOCUSIGN RSUs and PSUs work for Paula Hansen?
Each DOCUSIGN RSU or PSU gives Paula Hansen a contingent right to receive one common share. RSUs vest over multi-year schedules, while PSUs vest based on FY25 subscription revenue and free cash flow performance, with potential vesting up to 200% of target awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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