Form 4: Docusign Director Blake Irving Reports Stock Transactions
SEC Form 4 Filing
Director Blake Irving reports the vesting and subsequent disposal of Docusign stock units.
Summary
- On August 29, 2024, Director Blake Irving vested 1,068 shares of Docusign common stock through the vesting of Restricted Stock Units (RSUs).
- Simultaneously, Irving disposed of 1,068 shares of common stock.
- Following these transactions, Irving directly owns 19,972 shares of common stock and 3,205 derivative securities (RSUs).
Sentiment
Score: 5
Explanation: This is a routine transaction filing, indicating standard compensation practices. It doesn't inherently suggest positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| May 29, 2024 | RSUs vest commencement date |
| August 29, 2024 | Date of transaction: vesting and disposal of shares |
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