Form 4: Docusign Director Peter Solvik Reports Stock Transactions
SEC Form 4 Filing
Director Peter Solvik reports the vesting and conversion of restricted stock units into common stock of Docusign, Inc.
Summary
- On February 29, 2024, Peter Solvik, a director of Docusign, Inc., reported transactions involving the company's stock.
- Solvik converted 997 restricted stock units (RSUs) into 997 shares of common stock.
- Following the transaction, Solvik directly owns 15,783 shares of Docusign common stock.
- Solvik also indirectly owns 160,253 shares through a trust, 65,558 shares through children's trusts, 3 shares through a family partnership, and 6,458 shares through a spouse.
- After the reported transaction, Solvik directly owns 998 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: conversion of restricted stock units to common stock |
| 03/01/2024 | Date of report signature |
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