---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-020667"
form_type: "8-K"
ticker: "DOCU"
cik: "0001261333"
company_name: "DOCUSIGN, INC."
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T07:59:48.044403+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# DocuSign say-on-pay vote fails; two directors face ~50% withheld votes

## Summary
- Say-on-pay non-binding proposal failed: 106,010,102 against, 20,554,537 for, 1,826,554 abstentions.
- Director James Beer received 73,389,943 for, 55,001,250 withheld (57% for).
- Director Cain A. Hayes received 63,982,088 for, 64,409,105 withheld (49.8% for).
- Director Allan Thygesen re-elected with 126,438,635 for, 1,952,558 withheld (98.5% for).
- Auditor PricewaterhouseCoopers ratified with 163,832,892 for, 1,240,987 against (99.2% approval).

## SEC filing metadata
- accession: 0001628280-23-020667
- form_type: 8-K
- ticker: DOCU
- cik: 0001261333
- company_name: DOCUSIGN, INC.
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1261333/000162828023020667/0001628280-23-020667-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1261333/000162828023020667/docu-20230531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-020667
- JSON: https://secwatch.observer/filing/0001628280-23-020667.json
- Plain text: https://secwatch.observer/filing/0001628280-23-020667.txt

## Key facts
- Shareholder Votes
  DOCUSIGN, INC. shareholders approved Election of three directors each to serve for a three-year term expiring at the 2026 Annual Meeting at the 2023-05-31 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-31
  source text: Proposal One – Election of Directors The Company’s stockholders approved the election of three directors, each to serve for a three-year term expiring at the 2026 Annual Meeting of Stockholders and until such director’s successor is elected and qualified, by the following votes: Nominee Votes For Votes Withheld Broker Non-Votes James Beer 73,389,943 55,001,250 37,031,139 Cain A. Hayes 63,982,088 64,409,105 37,031,139 Allan Thygesen 126,438,635 1,952,558 37,031,139
  evidence_url: https://www.sec.gov/Archives/edgar/data/1261333/000162828023020667/0001628280-23-020667-index.htm
- Shareholder Votes
  DOCUSIGN, INC. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending January 31, 2024 at the 2023-05-31 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-31
  source text: Proposal Two – Ratification of Selection of Independent Public Registered Accounting Firm The Company’s stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered accounting firm for the fiscal year ending January 31, 2024, by the following votes: Votes For Votes Against Abstentions 163,832,892 1,240,987 348,453
  evidence_url: https://www.sec.gov/Archives/edgar/data/1261333/000162828023020667/0001628280-23-020667-index.htm
- Shareholder Votes
  DOCUSIGN, INC. shareholders rejected Advisory vote on named executive officers' compensation at the 2023-05-31 meeting.
  - Proposal: say on pay
  - Outcome: failed
  - Meeting: 2023-05-31
  source text: Proposal Three – Advisory Vote on Our Named Executive Officers' Compensation On a non-binding advisory basis, the Company’s shareholders did not approve the compensation of the Company’s named executive officers for the fiscal year ended January 31, 2023, based on the following voting results: Votes For Votes Against Abstentions Broker Non-Votes 20,554,537 106,010,102 1,826,554 37,031,139
  evidence_url: https://www.sec.gov/Archives/edgar/data/1261333/000162828023020667/0001628280-23-020667-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.