Briggs Teresa 4
Research Summary
AI-generated summary
DocuSign (DOCU) Director Teresa Briggs Sells 364 Shares
What Happened Teresa Briggs, a director of DocuSign, sold 364 shares of DOCU in an open-market transaction on February 27, 2026, at $44.31 per share for a total of $16,129. The filing shows the shares were disposed (sale).
Key Details
- Transaction date: 2026-02-27
- Transaction type/code: Sale (S) — open market or private sale
- Price per share: $44.31
- Total proceeds: $16,129
- Shares owned after transaction: Not specified in the provided filing
- Footnote: Transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person (F1)
- Filing timeliness: Reported for the same period date (no late filing indicated in the filing provided)
Context This sale was executed under a pre-established Rule 10b5-1 plan, which typically means the trade was prearranged and not an ad-hoc decision based on current company information. Sales by directors can be routine for diversification or liquidity; they do not necessarily signal a change in company fundamentals.