Form 4: DocuSign Director Daniel D. Springer Reports Stock Transactions
SEC Form 4 Filing
Director Daniel D. Springer reports the acquisition and disposal of DocuSign common stock and restricted stock units on August 29, 2024.
Summary
- On August 29, 2024, Daniel D. Springer, a director of DocuSign, Inc. reported transactions involving the company's securities.
- Springer acquired 1,068 shares of common stock through the vesting of restricted stock units (RSUs).
- Springer also disposed of 1,068 shares of common stock.
- Following these transactions, Springer directly owns 3,205 derivative securities and 892,441 shares of DocuSign common stock and indirectly owns 139,825 shares through a trust.
Sentiment
Score: 5
Explanation: This Form 4 filing is a neutral event, simply reporting required insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. These filings are monitored by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions reported in this filing may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of the reported transactions (acquisition and disposal of common stock and vesting of restricted stock units). |
| May 29, 2024 | Vest commencement date of the restricted stock units. |
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