Business Context and Reporting Period
This Form 8-K reports on the results of Docusign, Inc.'s 2026 Annual Meeting of Stockholders held on June 1, 2026. The filing details the voting outcomes for five proposals submitted to shareholders.
Key Financial Metrics
This filing is a Current Report regarding corporate governance and does not contain financial performance data. The text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes and Voting Results
Approximately 87% of outstanding shares were present or represented by proxy, constituting a quorum. The voting results for the five proposals were as follows:
- Proposal One (Election of Directors): Stockholders approved the election of three directors (James Beer, Cain A. Hayes, and Allan Thygesen) for three-year terms. Notably, James Beer received approximately 38.9 million votes against, while Cain A. Hayes received approximately 37.6 million votes against.
- Proposal Two (Ratification of Accounting Firm): Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered accounting firm for the fiscal year ending January 31, 2027.
- Proposal Three (Say-on-Pay): Stockholders approved the advisory vote on named executive officers' compensation for the fiscal year ended January 31, 2026.
- Proposal Four (Say-on-Pay Frequency): Stockholders approved conducting future advisory votes on executive compensation annually (every 1 year).
- Proposal Five (Stockholder Proposal): Stockholders did not approve a proposal to report on the risks of non-fiduciary executive compensation metrics. This proposal received approximately 1.8 million votes for and 135.6 million votes against.
Guidance, Outlook, and Risks
The filing does not provide financial guidance, management commentary on business outlook, or specific risk factors. The Board has determined that the annual frequency for executive compensation advisory votes will remain in effect until the 2032 Annual Meeting of Stockholders.
Key Facts for Investor Verification
- Verify the specific reasons for the significant "Against" votes cast for director nominees James Beer and Cain A. Hayes.
- Confirm the Board's rationale for rejecting the stockholder proposal regarding non-fiduciary executive compensation metrics.
- Review the full proxy statement for detailed information on executive compensation and director qualifications not included in this summary.