DocuSign (DOCU) director reports small share sale and RSU vesting activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOCUSIGN, INC. director Anna Marrs reported a mix of stock-based transactions. On March 5, 2026, she completed an open-market sale of 363 shares of common stock at $46.33 per share, leaving her with 12,251 common shares held directly.
On March 4, 2026, she exercised 725 restricted stock units (RSUs), converting them into an equal number of common shares at $0.00 per share. Each RSU represents a right to receive one share of common stock and vests in twelve equal quarterly installments over three years starting on June 4, 2023, subject to continued service. The filing notes the sale was made under a pre-arranged Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 363 shares ($16,818)
Net Sell
3 txns
Insider
Marrs Anna
Role
Director
Sold
363 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 363 | $46.33 | $17K |
| Exercise | Restricted Stock Units | 725 | $0.00 | -- |
| Exercise | Common Stock | 725 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,251 shares (Direct);
Restricted Stock Units — 725 shares (Direct)
Footnotes (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 will vest in twelve equal quarterly installments over three years, with a vesting commencement date of June 4, 2023, 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.
FAQ
What did DOCUSIGN (DOCU) director Anna Marrs report in this Form 4?
DOCUSIGN director Anna Marrs reported a small open-market sale and an RSU conversion. She sold 363 common shares and acquired 725 shares from vested RSUs, ending with 12,251 directly held shares after the reported transactions.
What RSU activity did Anna Marrs disclose for DOCUSIGN (DOCU)?
She reported the exercise of 725 restricted stock units, converting them into 725 DOCUSIGN common shares at $0.00 per share. Each RSU equals one share upon vesting, increasing her common stock position before the subsequent sale.
How do Anna Marrs’ RSUs in DOCUSIGN (DOCU) vest over time?
Her DOCUSIGN RSUs vest in twelve equal quarterly installments over three years, starting on June 4, 2023. Vesting depends on her remaining a service provider through each vesting date, consistent with typical long-term incentive structures.
What is the significance of the Rule 10b5-1 plan in this DOCUSIGN (DOCU) filing?
The filing states the sale was made under a Rule 10b5-1 plan, meaning trades were pre-scheduled when she did not possess material nonpublic information. This structure helps insiders systematically diversify or manage holdings over time.