Irving Blake 4

What Happened

• Irving Blake, a director of DocuSign (DOCU), reported the exercise/conversion of derivative awards on Feb 28, 2026. The filing shows an acquisition of 729 shares at $0.00 (code M — exercise/conversion) and a corresponding disposition of 729 derivative units at $0.00. No cash was reported as exchanged in these transactions.

Key Details

• Transaction date: 2026-02-28; Report filed: 2026-03-03 (timely).
• Reported amounts/prices: 729 shares acquired @ $0.00; 729 derivative units disposed @ $0.00.
• Shares owned after the reported transactions: not specified in the provided filing.
• Footnotes: F1–F3 indicate these were Restricted Stock Units (RSUs) that convert to common shares (1 RSU = 1 share), vesting began May 29, 2025 and vests in equal quarterly installments over one year (with the final quarter accelerating to the earlier of the next annual meeting or one-year anniversary); RSUs do not expire.
• Transaction code M = exercise or conversion of a derivative security.

Context

• For retail investors: this filing documents conversion/settlement of RSUs into common shares rather than a market purchase or sale for cash. Such RSU settlements are typically part of compensation/vesting schedules and are not direct market-timing signals.