Thygesen Allan C. 4

What Happened
Allan C. Thygesen, President & CEO and a director of DocuSign (DOCU), sold a total of 26,250 shares in open-market transactions on April 1, 2026, generating approximately $1,254,161 in proceeds. The filing lists three blocks: 2,700 shares at $46.44 ($125,388), 6,100 shares at $47.39 ($289,079), and 17,450 shares at $48.12 ($839,694). All transactions are sales (Code S) and were executed pursuant to a Rule 10b5-1 trading plan.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (timely filing).
• Reported block prices: 2,700 @ $46.44; 6,100 @ $47.39; 17,450 @ $48.12. Total proceeds ≈ $1,254,161.
• Footnotes clarify execution price ranges across trades: $45.89–$46.84, $46.92–$47.91, and $47.92–$48.38; the filer will provide exact breakouts on request (F2–F4).
• Transaction effected under a pre-established Rule 10b5-1 plan (F1), indicating the trades were made according to an automated/planned schedule rather than necessarily reflecting contemporaneous insider sentiment.
• Shares owned after the transactions are not specified in the provided filing excerpt.

Context

• These are open-market sales, which are common for executives monetizing holdings or managing tax/liquidity needs; such sales are not by themselves a definitive signal about company prospects.
• The presence of a 10b5-1 plan is important context: it typically means trades were prearranged and may have been set up before the sales occurred.

If you want, I can check the full Form 4 text for the post-transaction ownership amount or provide links to the SEC filing.