DocuSign (DOCU) CFO Grayson Jeffrey Sells 45,000 Shares

What Happened
Grayson Blake Jeffrey, CFO of DocuSign, reported sales of 45,000 shares in open-market transactions. The sales occurred in three tranches: 30,000 shares on 2026-09-04 at $70.00 ($2,100,000); 11,550 shares on 2026-09-08 at $65.25 (~$753,638); and 3,450 shares on 2026-09-08 at $66.64 ($229,908). Total proceeds across the three transactions were about $3.08 million. These were sales (not purchases), which are commonly routine; they do not by themselves indicate the insider’s view of the company.

Key Details

• Transaction dates & amounts:
  • 2026-09-04: Sold 30,000 sh @ $70.00 = $2,100,000
  • 2026-09-08: Sold 11,550 sh @ $65.25 ≈ $753,638
  • 2026-09-08: Sold 3,450 sh @ $66.64 = $229,908
• Total shares sold: 45,000; total proceeds ≈ $3,083,546.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: The filing indicates at least one sale was effected under a Rule 10b5-1 plan. Two sales list price ranges (F2: $64.91–$65.85; F3: $65.96–$66.87); the filer will provide per-price breakdowns upon request.
• Filing status: This is an amended Form 4 updating the previously filed report; no separate late‑filing flag is indicated in the provided data.

Context
A Rule 10b5-1 plan allows insiders to execute prearranged trades to avoid trading on inside information; sales under such plans are generally considered pre-scheduled and routine. For retail investors, purchases by insiders are often seen as a stronger signal than routine sales; this report documents sales only and does not, by itself, imply management’s view of DocuSign’s near-term prospects.