[144] DOCUSIGN, INC. SEC Filing

Rhea-AI Filing Summary

DOCUSIGN, INC. (DOCU) submitted a Form 144 reporting a proposed sale of 6,500 restricted common shares through Morgan Stanley Smith Barney, with an aggregate market value of $462,848.10 and an approximate sale date of 10/01/2025. The shares were acquired as restricted stock on 06/10/2024 from the issuer and paid in full on that date. The filing also lists a prior sale by Blake J Grayson of 9,509 shares on 09/17/2025 for gross proceeds of $790,220.73. The filing identifies the broker and reports the issuer's outstanding shares as 201,104,117.

Insights

Securities Analyst

TL;DR: Insider proposes to sell 6,500 restricted shares worth ~$463k; prior sale of 9,509 shares occurred recently.

This Form 144 is a routine regulatory notice that allows an insider to liquidate restricted shares under Rule 144. The proposed sale size (6,500 shares, $462,848.10) is modest relative to the reported 201,104,117 outstanding shares, suggesting limited direct dilution or market impact. The disclosure of a recent sale by Blake J Grayson of 9,509 shares for $790,220.73 is important context for monitoring insider selling patterns but does not by itself indicate company performance changes.

Corporate Governance Expert

TL;DR: Filing shows compliance with Rule 144 and includes broker details and acquisition/source data.

The notice includes required representations about material nonpublic information and documents the origin of the shares as restricted stock issued by the company on 06/10/2024. Use of an established broker (Morgan Stanley Smith Barney) and explicit signature attestation language indicate procedural adherence. For governance assessment, recurring insider sales warrant tracking but this single Form 144 is a standard disclosure rather than a governance event.

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	6500	462848.10	201104117	10/01/2025	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	06/10/2024	Restricted Stock	ISSUER			6500	06/10/2024	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
BLAKE J GRAYSON 221 Main Street, Suite 800 San Francisco CA 94105	Common	09/17/2025	9509	790220.73

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)