DocuSign (DOCU) Director James Beer Converts 1,096 RSUs to Shares

What Happened

• James A. Beer, a director of DocuSign, reported the exercise/conversion of a derivative (code M) on 2026-09-01 that involved 1,096 shares. The filing shows an "Acquired" entry for 1,096 shares at $0.00 and a matching "Disposed" entry for 1,096 shares at $0.00 (both recorded as derivative transactions). No cash value was reported for the transaction.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-03 (filed within two business days and appears timely).
• Reported amounts: 1,096 shares acquired and 1,096 shares disposed; price per share reported as $0.00.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes: (F1) Each RSU represents a contingent right to one share; (F2) RSUs vest quarterly over one year beginning June 1, 2026 (with the fourth installment possibly accelerating to the next annual meeting or one-year anniversary); (F3) RSUs do not expire and are either vested or canceled.
• Transaction code: M = exercise or conversion of a derivative instrument (here, the filing ties to RSU settlement).

Context

• This filing reflects the conversion/settlement of restricted stock units (RSUs) into common shares rather than an open‑market buy or a market sale. Such conversions are routine vesting/settlement events and do not necessarily signal a buy or sell decision in the market.