BEER JAMES A 4

4 · DOCUSIGN, INC. · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

DocuSign (DOCU) Director James A. Beer Sells 450 Shares

What Happened

James A. Beer, a director of DocuSign, sold 450 shares in an open-market transaction on 2026-06-02 for $55.04 each, netting $24,768. The filing also reports conversion/exercise-type derivative activity of 729 units on 2026-05-29 (reported at $0) and a grant of 4,384 Restricted Stock Units (RSUs) on 2026-06-01 (reported at $0).
The sale is a disposition (often routine) while the RSU grant and the derivative conversion represent acquisitions/vesting-related events. The RSUs are contingent rights to receive common stock once they vest.

Key Details

Transactions and prices:
- 2026-05-29: Exercise/conversion of derivative — 729 units @ $0 (reported both as acquired and as disposed in the filing)
- 2026-06-01: Grant/award — 4,384 RSUs @ $0 (acquired as RSUs)
- 2026-06-02: Open-market sale — 450 shares @ $55.04 = $24,768
Shares owned after the transactions: not specified in the provided excerpt of the filing.
Notable footnotes:
- F1: The open-market sale was effected pursuant to a Rule 10b5-1 trading plan.
- F2: Each RSU represents a contingent right to one share.
- F3/F5: RSUs have specific vest commencement dates and vest in equal quarterly installments over one year, with the fourth installment possibly accelerated to the earlier of the next annual meeting or the one-year anniversary, subject to continued service.
- F4: RSUs do not expire — they either vest or are canceled.
Filing timeliness: No late filing is indicated in the provided information.

Context

RSUs: These are awards that convert into shares only as they vest; they do not indicate immediate ownership until vesting occurs. The 4,384 RSUs granted on 2026-06-01 carry a vest schedule beginning June 1, 2026 (per F5); other RSU-related activity references a May 29, 2025 vest commencement (per F3).
Derivative activity: The 729-unit exercise/conversion reported at $0 likely reflects conversion/settlement of previously held derivative awards; the filing reports both acquisition and disposition flags for that lot but shows no cash proceeds.
10b5-1 plan: The sale being under a pre-established 10b5-1 plan means the trade was executed according to a pre-set plan rather than a discretionary trade at the time.

Form 4

Period: 2026-05-29

Director

Transactions

Exercise/Conversion
Common Stock
2026-05-29+729→ 15,486 total
Sale
Common Stock
[F1]
2026-06-02$55.04/sh−450$24,768→ 15,036 total
Exercise/Conversion
Restricted Stock Units
[F2][F3][F4]
2026-05-29−729→ 0 total
→ Common Stock (729 underlying)
Award
Restricted Stock Units
[F2][F5][F4]
2026-06-01+4,384→ 4,384 total
→ Common Stock (4,384 underlying)

Holdings

Footnotes (5)

[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.
[F5]The RSUs have a vest commencement date of June 1, 2026 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.

Signature

/s/ Derrick Chapman, Attorney-in-fact|2026-06-02

1 file