Chatwani Robert 4
4 · DOCUSIGN, INC. · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
DocuSign (DOCU) President Robert Chatwani Receives Equity Award
What Happened
- Robert Chatwani, President General Manager, Growth at DocuSign, was granted a total of 148,665 equity units on July 9, 2026. The filing shows three derivative awards: 74,333 restricted stock units (RSUs) and two grants of 37,166 performance stock units (PSUs) each. Each unit was recorded at $0.00 (award/derivative), so there was no purchase or sale of stock for cash in this transaction.
Key Details
- Transaction date: July 9, 2026; reported on Form 4 filed July 10, 2026 (timely filing).
- Award details: 74,333 RSUs; 37,166 subscription-revenue-based PSUs; 37,166 free-cash-flow-based PSUs (total 148,665 units).
- Price: $0.00 per unit (award/derivative code A).
- Shares owned after transaction: not specified in the reported information.
- Notable footnotes:
- RSUs (F1–F3) represent contingent rights to one share each; vest in equal quarterly installments over three years starting May 10, 2026; do not expire prior to vesting.
- PSUs (F4–F7) vest based on achievement of subscription revenue and free cash flow goals over the FY29 performance period; vesting is measured across three 12-month periods, with any achieved PSUs (up to 200% of target) vesting on June 10, 2029, subject to continued service; PSUs do not expire prior to vesting.
- Filing timeliness: filed the next day (not marked late).
Context
- These were equity awards (not market purchases or sales). RSUs and PSUs are contingent—RSUs vest with continued service; PSUs require meeting performance targets before shares are issued. Such grants are common as part of executive compensation and do not involve immediate cash outlay or proceeds.
Insider Transaction Report
Form 4
DOCUSIGN, INC.DOCU
Chatwani Robert
President General Mgr, Growth
Transactions
- Award
Restricted Stock Units
[F1][F2][F3]2026-07-09+74,333→ 74,333 total→ Common Stock (74,333 underlying) - Award
Performance Stock Units
[F4][F5][F6]2026-07-09+37,166→ 37,166 total→ Common Stock (37,166 underlying) - Award
Performance Stock Units
[F4][F7][F6]2026-07-09+37,166→ 37,166 total→ Common Stock (37,166 underlying)
Footnotes (7)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The RSUs will vest in equal quarterly installments over three years, with a vesting commencement date of May 10, 2026, in each case subject to the Reporting Person being a service provider through such date.
- [F3]The RSUs do not expire; they either vest or are canceled prior to vesting date.
- [F4]Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F5]The PSUs will vest depending on the Issuer's achievement of subscription revenue goals over a three-year performance period (the "FY29 Financial Performance Period"), with the goals established at the beginning of the first, second and third 12-month periods during the FY29 Financial Performance Period. The maximum number of subscription revenue-based PSUs that may vest is capped at 200% of the target number of subscription revenue-based PSUs. 100% of any achieved subscription revenue-based PSUs will vest on June 10, 2029, subject to the Reporting Person's continued service with certain limited exceptions.
- [F6]PSUs do not expire; they either vest or are canceled prior to the vest date.
- [F7]The PSUs will vest depending on the Issuer's achievement of free cash flow goals over the FY29 Financial Performance Period, with the goals established at the beginning of the first, second and third 12-month periods during the FY29 Financial Performance Period. The maximum number of free cash flow-based PSUs that may vest is capped at 200% of the target number of free cash flow-based PSUs. 100% of any achieved free cash flow-based PSUs will vest on June 10, 2029, subject to the Reporting Person's continued service with certain limited exceptions.
Signature
/s/ Derrick Chapman, Attorney-in-fact|2026-07-10