Form 4: Docusign Director Mary Agnes Wilderotter Reports Stock Transactions
SEC Form 4
Director Mary Agnes Wilderotter reported the vesting of restricted stock units and acquisition of common stock in Docusign, Inc.
Summary
- On May 29, 2024, Mary Agnes Wilderotter, a director of Docusign, Inc. (DOCU), reported transactions involving restricted stock units (RSUs) and common stock.
- Wilderotter acquired 998 shares of common stock upon the vesting of RSUs.
- Additionally, Wilderotter acquired 4,273 RSUs with a vest commencement date of May 29, 2024, vesting quarterly over one year.
- Following these transactions, Wilderotter directly owns 53,343 shares of Docusign common stock and 4,273 RSUs.
Sentiment
Score: 5
Explanation: This Form 4 filing is a neutral event, simply reporting required insider transactions. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. These transactions are closely monitored by investors for insights into management's perspective on the company's performance and future prospects.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 05/31/2023 | Vest commencement date of previous RSUs, vesting quarterly over one year. |
| 05/29/2024 | Date of transaction: vesting of 998 RSUs into common stock and acquisition of 4,273 new RSUs. |
| 05/30/2024 | Date of signature on the Form 4 filing. |
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