Form 4: DocuSign Director Anna Marrs Reports Stock Transactions
SEC Form 4 Filing
Director Anna Marrs reports the acquisition and disposal of DocuSign common stock and restricted stock units.
Summary
- On February 28, 2025, Anna Marrs, a director of DocuSign, acquired 1,068 shares of common stock and disposed of 7,554 shares.
- These transactions were related to the vesting of 1,068 restricted stock units (RSUs).
- On March 4, 2025, Marrs acquired 725 shares of common stock and disposed of 8,279 shares.
- These transactions were related to the vesting of 725 restricted stock units (RSUs).
- Following these transactions, Marrs directly owns 8,279 shares of DocuSign common stock and 3,625 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership of shares.
- The transactions are part of the compensation package for a key employee.
Key Dates
| Date | Description |
|---|---|
| June 4, 2023 | Vesting commencement date for some RSUs, vesting in twelve equal quarterly installments over three years. |
| May 29, 2024 | Vesting commencement date for some RSUs, vesting in equal quarterly installments over one year. |
| February 28, 2025 | Transaction date: Acquisition of 1,068 shares and disposal of 7,554 shares of common stock due to RSU vesting. |
| March 4, 2025 | Transaction date: Acquisition of 725 shares and disposal of 8,279 shares of common stock due to RSU vesting. |
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