DOCU (NASDAQ: DOCU) Form 144: Brokered notice to sell 6,000 shares

Rhea-AI Filing Summary

Morgan Stanley Smith Barney filed a Form 144 notice related to proposed sales of 6,000 shares of Common Stock tied to compensation awards. The filing lists 3,000 performance shares dated 06/10/2025 and 3,000 restricted stock dated 08/10/2025. The broker/dealer listed is Morgan Stanley Smith Barney LLC, and the securities are shown for trading on NASDAQ.

Insights

Securities Counsel

Form 144 notifies the market of proposed sales tied to compensation awards.

The filing identifies proposed dispositions of 6,000 shares via a broker-dealer and specifies two grant types with award dates. This is a compliance notice required when certain resale conditions are met for restricted or performance awards.

Timing and method of actual sales are not stated here; subsequent transaction confirmations or broker reports will show whether sales occurred and their proceeds.

Key Figures

Total proposed shares: 6,000 shares Performance shares: 3,000 shares Restricted stock: 3,000 shares +1 more

4 metrics

Total proposed shares 6,000 shares aggregate of listed awards

Performance shares 3,000 shares dated <date>06/10/2025</date>

Restricted stock 3,000 shares dated <date>08/10/2025</date>

Market listing NASDAQ exchange indicated in filing

Key Terms

Form 144, Performance Shares, Restricted Stock

3 terms

Form 144 regulatory

"filed notice related to proposed sales of common shares"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Performance Shares financial

"Performance Shares | Issuer | 3,000 | 06/10/2025"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

Restricted Stock financial

"Restricted Stock | Issuer | 3,000 | 08/10/2025"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 07/01/2026 - 04:25 PM Accepted by SEC EDGAR 07/01/2026 - 04:24 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	6000	273211.20	190944608	07/01/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/10/2025	Performance Shares	Issuer			3000	06/10/2025	Not Applicable
Common	08/10/2025	Restricted Stock	Issuer			3000	08/10/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does DOCU's Form 144 filing report?

It reports a proposed resale of 6,000 common shares tied to compensation awards. The filing lists 3,000 performance shares (dated 06/10/2025) and 3,000 restricted shares (dated 08/10/2025), and names Morgan Stanley Smith Barney LLC as broker-dealer.

Do these Form 144 entries mean shares were sold?

No. Form 144 indicates an intention or notice to sell; it does not confirm completion of sales. Actual sale executions and proceeds would appear in subsequent trade reports or broker confirmations.

Who is the broker-dealer handling the proposed sale for DOCU shares?

The filing lists Morgan Stanley Smith Barney LLC at 1 New York Plaza, New York, NY. That broker-dealer is named as the intermediary for the proposed resale of the listed shares.

How are the 6,000 shares constituted in this filing?

They are composed of two award types: 3,000 performance shares dated 06/10/2025 and 3,000 restricted stock dated 08/10/2025. Both award categories are listed as issuer-originated awards.