Hansen Paula 4

What Happened
Paula Hansen, DocuSign's Chief Revenue Officer, sold 6,000 shares on July 1, 2026. The Form 4 reports a per‑share amount of $45.54 (totaling $273,240). A footnote clarifies the shares actually sold at prices ranging from $44.99 to $45.95; the filer can provide a breakdown on request. This was an open‑market sale (transaction code S), which is typically a routine disposition rather than a company grant or option exercise.

Key Details

• Transaction date: 2026-07-01
• Reported price used on Form 4: $45.54 per share (total $273,240)
• Actual sale price range (footnote): $44.99 – $45.95; exact per‑price breakdown available on request (F2)
• Trade was executed pursuant to a prearranged Rule 10b5‑1 trading plan (F1)
• Shares owned after the transaction: not disclosed in the provided filing
• Filing status/timeliness: reported same day (no late‑filing flag in the provided info)

Context
10b5‑1 trading plans allow insiders to sell preplanned amounts at predetermined times and are commonly used to avoid the appearance of trading on inside information; sales under such plans are often considered routine. This transaction was a straight sale — not an option exercise, gift, or award — so it does not by itself indicate a change in company fundamentals.