DocuSign director logs sale and RSU share conversion
DOCUSIGN, INC. director Anna Marrs reported a mix of stock-based transactions.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 363 | $46.33 | $17K |
| Exercise | Restricted Stock Units | 725 | $0.00 | $0.00 |
| Exercise | Common Stock | 725 | $0.00 | $0.00 |
Footnotes (4)
- F1. The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F3. 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.
- F4. 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?
What RSU activity did Anna Marrs disclose for DOCUSIGN (DOCU)?
How do Anna Marrs’ RSUs in DOCUSIGN (DOCU) vest over time?
What is the significance of the Rule 10b5-1 plan in this DOCUSIGN (DOCU) filing?
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