DocuSign CFO Grayson Jeffrey Sells 45,000 Shares

What Happened

• DocuSign (DOCU) CFO Grayson Blake Jeffrey sold a total of 45,000 shares in open-market transactions: 30,000 shares on 2026-09-04 at $70.00 ($2,100,000) and two sales on 2026-09-08 totaling 15,000 shares (11,550 @ $65.25 = $753,638; 3,450 @ $66.64 = $229,908). Combined proceeds reported ≈ $3,083,546. These were sales (not purchases), which are commonly routine disposition events.

Key Details

• Transaction dates and amounts:
  • 2026-09-04 — 30,000 shares @ $70.00 = $2,100,000
  • 2026-09-08 — 11,550 shares @ $65.25 = $753,638
  • 2026-09-08 — 3,450 shares @ $66.64 = $229,908
• Footnotes: one sale was effected pursuant to a Rule 10b5-1 trading plan; other footnotes indicate the 9/8 sales were executed across multiple prices (range reported as $64.91–$65.85 and $65.96–$66.87) and more granular price/quantity details are available on request.
• Shares owned after the transactions: not provided in the excerpt — check the full Form 4 for post-sale holdings.
• Filing timing: Form 4 was filed on 2026-09-08 covering trades on 9/4 and 9/8. The 9/8 trades appear filed same day; the 9/4 trade may fall outside the standard two-business-day filing window (possible late reporting) — verify the full filing for any tardiness disclosure.

Context

• Sales under a 10b5-1 plan are pre-arranged and often reflect pre-set disposition rules rather than a real-time view of company prospects. Sales are less informative than purchases for signaling insider conviction, but material insider sales are still worth noting for position sizing and timing.