DOCUSIGN, INC.·4

Jun 2, 6:53 PM ET

Irving Blake 4

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

Research Summary

AI-generated summary of this filing

Updated

DocuSign (DOCU) Director Irving Blake Receives RSUs, Exercises Derivative

What Happened

  • Irving Blake, a director of DocuSign (DOCU), reported two related transactions: an exercise/conversion of 729 derivative units on 2026-05-29 (reported as both acquired and disposed) and a grant of 4,384 restricted stock units (RSUs) on 2026-06-01. All transactions show a $0.00 price (no cash exchanged).

Key Details

  • Transaction dates and types:
    • 2026-05-29: Exercise/conversion of derivative (M) — 729 units @ $0.00 (reported as both acquired and disposed).
    • 2026-06-01: Grant/award (A) — 4,384 RSUs @ $0.00 (acquired).
  • Reported value: $0.00 per share/unit (typical for RSU awards and certain conversions).
  • Shares owned after transaction: Not specified in the provided filing.
  • Filing timeliness: Form 4 filed 2026-06-02 — appears timely (within required business-day window).
  • Footnotes of note:
    • F1: Each RSU converts to one share upon vesting.
    • F2/F4: Vesting schedule — RSUs vest in equal quarterly installments over one year; the fourth installment may fully vest earlier (company annual meeting or one-year anniversary), subject to continued service.
    • F3: These RSUs do not expire; they either vest or are canceled prior to vesting.

Context

  • The 729-unit entry is a derivative exercise/conversion (code M). The filing shows both acquisition and disposition entries for that derivative on the same date — the form records the conversion/settlement of a derivative instrument rather than an open-market sale. No immediate sale of the newly issued shares is shown.
  • The 4,384 items are RSU awards (compensation/retention grants) that will vest over ~1 year if the director remains a service provider. Such grants are common corporate compensation and are informational rather than direct buy/sell signals about the insider's market view.

Insider Transaction Report

Form 4
Period: 2026-05-29
Irving Blake
Director
Transactions
  • Exercise/Conversion

    Common Stock

    2026-05-29+72926,093 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2][F3]
    2026-05-297290 total
    Common Stock (729 underlying)
  • Award

    Restricted Stock Units

    [F1][F4][F3]
    2026-06-01+4,3844,384 total
    Common Stock (4,384 underlying)
Footnotes (4)
  • [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
  • [F2]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.
  • [F3]The RSUs do not expire; they either vest or are canceled prior to vesting date.
  • [F4]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

Documents

1 file
  • 4
    wk-form4_1780440792.xmlPrimary

    FORM 4