DocuSign Officer Robert Chatwani Acquires Shares via RSU/PSU Vesting with Tax Withholding

Executive Summary

On September 16, 2026, Robert Chatwani, President General Manager, Growth at DocuSign, Inc. ($DOCU), filed a Form 4 disclosing the vesting and settlement of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs), along with associated tax withholding dispositions.

Transaction Breakdown

• Derivative Settlements (Code M):

  • Vesting of 20,007 RSUs (March 2023 Grant)
  • Vesting of 3,413 RSUs (May 2024 Grant)
  • Vesting of 3,024 RSUs (May 2025 Grant)
  • Vesting of 6,194 RSUs (May 2026 Grant)
  • Vesting of 1,105 subscription revenue-based PSUs
  • Vesting of 1,564 free cash flow-based PSUs
  • Total Acquired: 35,307 shares of Common Stock at $0 per share.

• Tax Withholding (Code F):

  • 17,508 shares of Common Stock were surrendered/withheld by the Issuer at $0 per share to satisfy statutory tax obligations resulting from the RSU/PSU settlements.

Ownership Impact

• Pre-Transaction Direct Holdings: 72,805 shares
• Net Change: +17,799 shares
• Ending Direct Holdings: 90,604 shares of Common Stock

Market & Strategic Context

These transactions represent standard executive equity compensation vesting and automated share withholding for tax liability. Because no discretionary open-market purchases or sales took place, the trading significance is categorized as Low.