Form 4: DocuSign Director Converts RSUs to Common Stock

DocuSign Director Mary Agnes Wilderotter converted 729 Restricted Stock Units into common stock, increasing her direct ownership.

Summary

• Mary Agnes Wilderotter, a Director at DocuSign, Inc. (DOCU), reported a transaction on February 28, 2026.
• She acquired 729 shares of DocuSign Common Stock at a price of $0.
• This acquisition resulted from the conversion/exercise of 729 Restricted Stock Units (RSUs).
• Following this transaction, her direct beneficial ownership of Common Stock is 59,803 shares.
• The RSUs had a vest commencement date of May 29, 2025, and were scheduled to vest in equal quarterly installments over one year, subject to continued service.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as it indicates a director's continued equity ownership through the vesting of compensation, aligning their interests with shareholders.

Positives

• Director Mary Agnes Wilderotter converted 729 Restricted Stock Units into common stock, demonstrating continued ownership and vesting of equity compensation.
• The transaction increases her direct beneficial ownership of common stock to 59,803 shares, aligning her interests with shareholders.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Industry Context

StockSavvy.ai notes that such conversions are common for directors receiving equity compensation, reflecting the vesting of previously granted awards. It does not indicate a specific strategic shift but rather the execution of an existing compensation plan.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to direct stock ownership.

Next Steps

• The remaining vesting of RSUs (if any) will occur in equal quarterly installments over one year, with the final installment vesting on the earlier of the next annual meeting of stockholders or the one-year anniversary of the grant, subject to continued service.

Key Dates

Recommendation

This Form 4 reports a routine conversion of Restricted Stock Units into common stock by a director. While it shows continued alignment of interests, it does not provide new fundamental information about the company's performance or strategic direction that would warrant a change in investment recommendation. It's a standard compensation event.

Keywords

DocuSign, DOCU, Form 4, Insider Transaction, Restricted Stock Units, RSU, Common Stock, Director, Equity Compensation, Mary Agnes Wilderotter