Form 4: DocuSign Director Daniel D. Springer Reports Stock Transactions
SEC Form 4 Filing
Director Daniel D. Springer reports acquisition and disposal of DocuSign common stock and restricted stock units.
Summary
- On May 29, 2024, Daniel D. Springer, a director of DocuSign, Inc., reported transactions involving DocuSign's common stock and restricted stock units (RSUs).
- Springer acquired 998 shares of common stock through the vesting of restricted stock units.
- Springer also acquired 4,273 restricted stock units, which vest quarterly over one year from May 29, 2024.
- Following these transactions, Springer directly owns 1,062,895 shares of DocuSign common stock and indirectly owns 139,825 shares through a trust.
- He also directly owns 4,273 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/31/2023 | Vest commencement date of previous RSUs. |
| 05/29/2024 | Date of transaction: acquisition of common stock and RSUs. |
| 05/29/2024 | Vest commencement date of new RSUs. |
| 05/30/2024 | Date of signature. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.