Form 4: DocuSign Director Cain A. Hayes Reports Stock Transactions

Director Cain A. Hayes of DocuSign, Inc. reports the vesting and disposal of restricted stock units (RSUs) on February 28, 2025.

Summary

• On February 28, 2025, Cain A. Hayes, a director of DocuSign, Inc., reported transactions involving DocuSign's common stock.
• Hayes disposed of 1,068 shares of common stock.
• These shares were obtained through the vesting of restricted stock units (RSUs).
• Following the reported transactions, Hayes directly owns 11,732 shares of DocuSign common stock.
• Hayes also directly owns 1,069 restricted stock units.
• The RSUs vest in equal quarterly installments over one year, commencing on May 29, 2024, with the final installment vesting on the earlier of the next annual meeting or one year after the grant date, contingent on continued service.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative implications for the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves the routine vesting and disposal of RSUs by a company director.

Key Dates