Form 4: DocuSign Director Daniel D. Springer Reports Stock Transactions
SEC Form 4 Filing
Director Daniel D. Springer reports the vesting and acquisition of DocuSign common stock and restricted stock units.
Summary
- On February 29, 2024, Daniel D. Springer, a director of DocuSign, Inc., reported transactions involving DocuSign's common stock and restricted stock units (RSUs).
- Springer acquired 997 shares of common stock upon the vesting of RSUs.
- The price per share for the acquisition was $0.
- Following the transaction, Springer directly owns 1,057,484 shares of DocuSign common stock.
- Springer also indirectly owns 139,825 shares through a trust.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it represents a routine vesting of previously granted equity.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: vesting of restricted stock units and acquisition of common stock. |
| 03/01/2024 | Date of signature on the Form 4 filing. |
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