DocuSign (DOCU) Director Teresa Briggs Sells 548 Shares

What Happened
Teresa Briggs, a director of DocuSign, sold 548 shares of DOCU in an open-market transaction on September 10, 2026. The shares were sold at $64.60 each for total proceeds of $35,401. This was a sale (not a purchase); sales are often routine liquidity events rather than a directional signal.

Key Details

• Transaction date: 2026-09-10 (reported on Form 4 filed 2026-09-11).
• Trade: Open-market sale (Code S) — 548 shares @ $64.60; proceeds $35,401.
• Shares owned after the transaction: Not disclosed in the filing.
• Footnote: Transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person (10b5-1 plans schedule trades in advance).
• Timeliness: Filing appears timely (reported the next day); no late-filing flag noted.

Context
A 10b5-1 plan indicates the sale was made under a pre-established schedule, which means it may not reflect the director’s current views on the company. For retail investors, single, modest-value insider sales—especially under 10b5-1 plans—are typically less informative than purchases or large, unscheduled trades.