DocuSign (DOCU) Director Mary Wilderotter Converts RSUs, 1,096 Shares

What Happened
Mary Agnes Wilderotter, a director of DocuSign, converted/converted a derivative award into 1,096 shares on September 1, 2026. The Form 4 reports an acquisition of 1,096 shares at $0.00 and a corresponding disposition of 1,096 shares at $0.00 (transaction code M — exercise/conversion of a derivative). No cash value or sale price is reported in the filing.

Key Details

• Transaction date: 2026-09-01. Report filed: 2026-09-03 (timely Form 4 filing).
• Reported entries: Acquired 1,096 shares @ $0.00 (M); Disposed 1,096 shares @ $0.00 (M/Derivative).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: Each RSU equals a contingent right to one common share.
  • F2: RSUs vest starting June 1, 2026 in equal quarterly installments over one year; the fourth installment may vest earlier at the next annual meeting or one-year anniversary, subject to continued service.
  • F3: RSUs do not expire; they either vest or are canceled before vesting.
• No indication in the filing that this was part of a 10b5-1 plan or that the report was late.

Context
The filing reflects conversion/settlement of RSU-style awards rather than an open-market buy or a cash sale. The matched acquire/dispose entries at $0.00 can occur in administrative settlements (e.g., conversion/settlement, net share issuance, or internal transfers), but the Form 4 does not specify the reason for the disposition. This is routine insider reporting of equity awards and not an explicit market-direction trade.