Form 4: DocuSign Director Teresa Briggs Reports Stock Transactions
SEC Form 4 Filing
Director Teresa Briggs reported the acquisition and disposal of DocuSign common stock and restricted stock units (RSUs) in recent transactions.
Summary
- On May 29, 2024, Teresa Briggs exercised 998 Restricted Stock Units (RSUs) and acquired 998 shares of DocuSign common stock.
- Also on May 29, 2024, Briggs was granted 4,273 new RSUs.
- On May 31, 2024, Briggs disposed of 499 shares of common stock at a price of $54.92 per share.
- Following these transactions, Briggs beneficially owns 6,668 shares of common stock and 4,273 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors regarding the trading activities of key personnel.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Exercise of 998 Restricted Stock Units (RSUs) and grant of 4,273 new RSUs. |
| 05/31/2023 | Vest commencement date of May 31, 2023 for the initial RSUs. |
| 05/31/2024 | Sale of 499 shares of common stock at $54.92 per share. |
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.