Hansen Paula 4
Research Summary
AI-generated summary
DocuSign (DOCU) CRO Paula Hansen Sells Shares
What Happened
Paula Hansen, Chief Revenue Officer of DocuSign (DOCU), sold a total of 6,000 shares in open-market transactions on April 1, 2026, generating approximately $281,026 in proceeds. The reported lots were: 2,692 shares at $46.21 ($124,397); 3,108 shares at $47.31 ($147,039); and 200 shares at $47.95 ($9,590). These were sales (not purchases or option exercises).
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (timely filing).
- Reported sale amounts/prices: 2,692 @ $46.21; 3,108 @ $47.31; 200 @ $47.95; total proceeds ≈ $281,026.
- Footnotes: transactions were effected under a Rule 10b5-1 trading plan (pre-scheduled). Price-range footnotes indicate the shares were sold across multiple prices within narrow ranges (roughly $45.85–$48.00); the filer will provide a per-price breakdown upon request.
- Shares owned after the transaction: not specified in the information you provided.
Context
These were open-market sales executed under a 10b5-1 plan, which typically means trades were pre-authorized and scheduled in advance. Sales do not necessarily indicate insider negative sentiment; they can be routine or for personal/liquidity reasons.