DocuSign Announces Executive and Board Changes

Ticker: DOCU · Form: 8-K · Filed: 2025-01-17T00:00:00.000Z

Sentiment: neutral

Topics: management-change, board-of-directors, executive-compensation

TL;DR

DocuSign's leadership team and board are getting a shake-up, effective Jan 15.

AI Summary

DocuSign, Inc. announced on January 15, 2025, changes in its executive team and board of directors. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives. These changes are effective as of January 15, 2025.

Why It Matters

Changes in leadership and board composition can signal shifts in company strategy, governance, or future performance.

Risk Assessment

Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and operational direction.

Key Players & Entities

FAQ

What specific roles have been affected by the executive and director changes?

The filing indicates the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for certain officers, but does not specify individual names or roles in this summary.

When are these changes effective?

The changes are effective as of January 15, 2025.

What is the company's principal executive office address?

The principal executive offices are located at 221 Main St. Suite 1550, San Francisco, California 94105.

What is DocuSign's Commission File Number?

DocuSign's Commission File Number is 001-38465.

What is the SIC code for DocuSign?

The Standard Industrial Classification (SIC) code for DocuSign is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.

From the Filing

0001261333-25-000004.txt : 20250117 0001261333-25-000004.hdr.sgml : 20250117 20250117161838 ACCESSION NUMBER: 0001261333-25-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250115 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250117 DATE AS OF CHANGE: 20250117 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DOCUSIGN, INC. CENTRAL INDEX KEY: 0001261333 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 912183967 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38465 FILM NUMBER: 25538905 BUSINESS ADDRESS: STREET 1: 221 MAIN ST., SUITE 1550 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 415-489-4940 MAIL ADDRESS: STREET 1: 221 MAIN ST., SUITE 1550 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: DOCUSIGN INC DATE OF NAME CHANGE: 20030826 8-K 1 docu-20250115.htm 8-K docu-20250115 0001261333 FALSE 0001261333 2025-01-15 2025-01-15 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________________________________ FORM 8-K ______________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 15, 2025 Commission File Number: 001-38465 ______________________________________ DOCUSIGN, INC. (Exact name of registrant as specified in its charter) ______________________________________ Delaware 91-2183967 (State or Other Jurisdiction of Incorporation) (I.R.S. Employer Identification Number) 221 Main St. Suite 1550 San Francisco California 94105 (Address of Principal Executive Offices) (Zip Code) ( 415 ) 489-4940 (Registrant's Telephone Number, Including Area Code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below): ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.0001 per share DOCU The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ¨ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ¨ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) Amended and Restated Severance and Change in Control Agreements On January 15, 2025, the Compensation and Leadership Development Committee of the Board of Directors of Docusign, Inc. (the “Company”) approved the amendment and restatement of the Company’s existing Executive Severance and Change in Control Agreements, as amended from time to time (the “Existing Executive Severance Agreements”, and, as res

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