DocuSign CFO Grayson Jeffrey Sells 15,000 Shares

What Happened
Grayson Blake Jeffrey, Chief Financial Officer of DocuSign, reported a sale of 15,000 shares on August 7, 2026. The shares were sold at $60.00 each for aggregate proceeds of $900,000. The filing classifies the trade as an open-market or private sale (code S), which is a disposition of shares rather than a purchase.

Key Details

• Transaction date and price: 15,000 shares sold on 2026-08-07 at $60.00 per share (total $900,000).
• Filing date: Form 4 filed with the SEC on 2026-08-11 (reporting period 2026-08-07). No late-filing flag ('L') was indicated in the provided details.
• Shares owned after transaction: Not specified in the summary information provided. (The full Form 4 typically shows post-transaction holdings.)
• Footnote: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person (pre-arranged plan).

Context
A Rule 10b5-1 plan allows insiders to sell shares according to a pre-set schedule or formula and is commonly used to avoid concerns about trading on material nonpublic information. Such planned sales are often routine (e.g., for diversification or tax planning) and do not necessarily signal a change in the insider’s view of the company. Retail investors should weigh this sale alongside other insider activity, company fundamentals, and broader market factors.