Form 4: DocuSign Director Anna Marrs Reports Stock Transactions
SEC Form 4 Filing
Director Anna Marrs reports the vesting and disposal of restricted stock units in DocuSign.
Summary
- On June 4, 2024, Anna Marrs, a director of DocuSign, Inc. reported transactions involving DocuSign's common stock.
- Marrs disposed of 725 shares of common stock.
- These shares were acquired through the vesting of restricted stock units (RSUs).
- The RSUs vest in twelve equal quarterly installments over three years, starting June 4, 2023.
- Following the reported transactions, Marrs directly owns 2,900 shares of common stock and 5,800 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading reporting requirements, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership reported by a company director.
Key Dates
| Date | Description |
|---|---|
| 06/04/2023 | Vesting commencement date for restricted stock units. |
| 06/04/2024 | Date of reported transactions (vesting and disposal of shares). |
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