Form 4: DocuSign Director Teresa Briggs Reports Stock Transactions
SEC Form 4 Filing
Director Teresa Briggs reports the vesting of restricted stock units and subsequent disposal of shares.
Summary
- On February 28, 2025, Teresa Briggs, a director of DocuSign, Inc., reported transactions involving DocuSign common stock.
- Briggs acquired 1,068 shares of common stock through the vesting of restricted stock units (RSUs).
- Simultaneously, Briggs disposed of 1,068 shares of common stock.
- Following these transactions, Briggs directly owns 8,804 shares of common stock and 1,069 restricted stock units.
- The RSUs vest in equal quarterly installments over one year, commencing May 29, 2024, subject to continued service.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| May 29, 2024 | RSUs vest commencement date |
| February 28, 2025 | Date of stock transaction (RSU vesting and disposal) |
| March 03, 2025 | Date of report filing |
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