BEER JAMES A 4

4 · DOCUSIGN, INC. · Filed Mar 3, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

DocuSign (DOCU) Director James Beer Sells 450 Shares

What Happened

James A. Beer, a director of DocuSign (DOCU), had 729 restricted stock units (RSUs) convert/vest into common shares on Feb 28, 2026 (recorded as an exercise/conversion of a derivative at $0). He then sold 450 shares in an open-market transaction on Mar 3, 2026 at $45.02 per share, receiving $20,259 in total. The sale was effected pursuant to a Rule 10b5-1 plan.

Key Details

Transactions and prices:
- 2026-02-28: 729 RSUs exercised/converted to 729 shares at $0.00 (acquired).
- 2026-02-28: 729-share derivative disposition reported at $0.00 (filing lists this as a derivative disposition; no additional explanation provided).
- 2026-03-03: Open-market sale of 450 shares at $45.02 each for $20,259.
Shares owned after these transactions: not disclosed in the filing.
Notable footnotes:
- F1: The sale was made under a Rule 10b5-1 trading plan (prearranged plan).
- F2–F4: The converted units were RSUs (each equals one share), with a vest commencement date of May 29, 2025 and quarterly vesting over one year; RSUs do not expire.
Filing timeliness: Form 4 was filed 2026-03-03 for transactions dated 2026-02-28 and 2026-03-03; the filing does not indicate a late filing.

Context

The Feb 28 entries reflect RSU conversion/vesting (a non-cash, share-award settlement), while the Mar 3 action is a routine open-market sale executed under a 10b5-1 plan (pre-scheduled trades). The filing does not provide a reason for the 729-share derivative disposition at $0.00. For retail investors: the sale amount (~$20K) is modest and the 10b5-1 designation indicates the sale was preplanned rather than an ad-hoc insider trade.

Form 4

Period: 2026-02-28

Director

Transactions

Exercise/Conversion
Common Stock
2026-02-28+729→ 15,207 total
Sale
Common Stock
[F1]
2026-03-03$45.02/sh−450$20,259→ 14,757 total
Exercise/Conversion
Restricted Stock Units
[F2][F3][F4]
2026-02-28−729→ 729 total
→ Common Stock (729 underlying)

Holdings

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 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.
[F4]The RSUs do not expire; they either vest or are canceled prior to vesting date.

Signature

/s/ Derrick Chapman, Attorney-in-fact|2026-03-03

1 file