Form 4: Docusign Director Salem Exercises Stock Options and Acquires Shares

Director Enrique T. Salem of Docusign, Inc. reports the acquisition of 1,068 shares of common stock through the exercise of restricted stock units on August 29, 2024.

Summary

• On August 29, 2024, Enrique T. Salem, a director of Docusign, Inc., acquired 1,068 shares of common stock.
• This acquisition was achieved through the exercise of restricted stock units (RSUs).
• The price per share for the exercised RSUs was $0.00.
• Following the transaction, Salem directly owns 161,197 shares of Docusign common stock.
• Salem also directly owns 3,205 derivative securities in the form of Restricted Stock Units.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock option exercise. It doesn't inherently indicate positive or negative performance.

Positives

• The director's acquisition of shares may signal confidence in the company's future performance.

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 sentiment.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates