[144] DOCUSIGN, INC. SEC Filing

Rhea-AI Filing Summary

DOCUSIGN, INC. (DOCU) Form 144 filing reports a proposed sale of 40,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $2,883,600 and an approximate sale date of 10/01/2025. The shares were acquired from the issuer on 12/15/2024 as RSUs & PSUs, and the filer reports no securities sold in the prior three months. The filer also certifies that, by signing the notice, they do not possess undisclosed material adverse information about the issuer.

Positive

• Shares were acquired as RSUs & PSUs on 12/15/2024, indicating they originated from issuer compensation
• Broker is a major dealer: Morgan Stanley Smith Barney LLC is listed as the executing broker

Negative

• Proposed sale of 40,000 common shares with an aggregate market value of $2,883,600 scheduled for 10/01/2025
• Filing extract does not identify the filer by name or CIK in the provided content, limiting transparency about the selling party

Insights

Securities Analyst

TL;DR: Insider plans to sell 40,000 DOCU shares acquired as RSUs/PSUs, valued at $2.88M, via Morgan Stanley on 10/01/2025.

This Form 144 provides a routine notice of a proposed sale by a person for whose account the securities were granted as restricted and performance-based awards on 12/15/2024. The filing identifies the broker and gives an aggregate value for the lot, which allows investors to quantify the size of the proposed disposition. The document contains no prior three-month disposals and no additional context about the filers identity or motivations. Materially, the filing documents a potential transfer of economic ownership that could be monetized on the open market on the stated approximate date.

Corporate Governance Expert

TL;DR: The notice documents a scheduled insider sale of vested equity awards with standard compliance language; no governance red flags disclosed.

The Form 144 indicates the securities were acquired from the issuer as RSUs and PSUs and are to be sold through a registered broker-dealer. The filing includes the required representation that the signer does not possess undisclosed material adverse information. It lacks identifying filer details visible in this extract and provides no evidence of accelerated or unusual insider activity within the prior three months. From a governance perspective, the form appears to meet Rule 144 disclosure mechanics without additional governance concerns presented in the text.

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

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	40000	2883600.00	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	12/15/2024	RSU & PSUs	Issuer			40000	12/15/2024	N/A

* 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 the DOCU Form 144 report?

The filing reports a proposed sale of 40,000 shares of DocuSign common stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $2,883,600.

When were the shares being sold acquired?

The shares were acquired on 12/15/2024 as RSUs & PSUs from the issuer.

What is the approximate date of the proposed sale?

The approximate date of sale is listed as 10/01/2025.

Does the filing show any securities sold by the filer in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

Through which broker will the sale occur?

The sale is to be executed through Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.