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 March 15, 2025.
Summary
- On March 15, 2025, Daniel D. Springer, a director of DocuSign, Inc., reported transactions involving the company's common stock and restricted stock units (RSUs).
- Springer acquired 2,182 shares of common stock through the vesting of RSUs.
- 251 shares were disposed of to cover tax obligations related to the RSU vesting.
- Following these transactions, Springer directly owns 911,279 shares of common stock and indirectly owns 139,825 shares through a trust.
- Springer also directly owns 2,182 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Key Dates
| Date | Description |
|---|---|
| May 10, 2021 | Vesting commencement date for the restricted stock units. |
| 03/15/2025 | Date of the reported transactions (acquisition and disposal of stock and vesting of RSUs). |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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.