[Form 4] DOCUSIGN, INC. Insider Trading Activity
James A. Beer, a director of DocuSign, reported a sale of 450 shares of the company's common stock at $81.28 per share. After the sale, he is reported to beneficially own 14,199 shares directly and 5,543 shares indirectly through a trust, showing he remains a meaningful stakeholder. The filing notes the sale was effected under a Rule 10b5-1 trading plan, indicating the transaction followed a pre-established arrangement rather than ad hoc trading.
James A. Beer, un direttore di DocuSign, ha riferito la vendita di 450 azioni delle azioni ordinarie della società a $81,28 per azione. Dopo la vendita, si dice che possieda direttamente 14.199 azioni e indirettamente 5.543 azioni tramite un trust, dimostrando che rimane un azionista significativo. Il modulo segnala che la vendita è stata effettuata nell'ambito di un piano di negoziazione Rule 10b5-1, indicando che la transazione ha seguito un accordo predefinito piuttosto che un trading ad hoc.
James A. Beer, director de DocuSign, informó la venta de 450 acciones de las acciones ordinarias de la empresa a $81.28 por acción. Después de la venta, se reporta que posee directamente 14,199 acciones y indirectamente 5,543 acciones a través de un fideicomiso, lo que demuestra que sigue siendo un accionista importante. El documento indica que la venta se realizó bajo un plan de trading Rule 10b5-1, lo que señala que la transacción siguió un acuerdo preexistente en lugar de un comercio ad hoc.
제임스 A. 비어는 DocuSign의 이사로서 회사의 보통주 450주를 주당 81.28달러에 매각했다고 보고했습니다. 매각 후 그는 직접 14,199주와 신탁을 통해 간접적으로 5,543주를 보유한 것으로 보고되어 여전히 중요한 이해관계자임을 보여줍니다. 공시는 매도가 Rule 10b5-1 거래 계획에 따라 사전에 정해진 합의에 따라 이루어졌음을 나타내며, 즉 즉석 거래가 아님을 시사합니다.
James A. Beer, membre du conseil de DocuSign, a signalé la vente de 450 actions ordinaires de la société à 81,28 $ par action. Après la vente, il est rapporté qu’il détient directement 14 199 actions et indirectement 5 543 actions via une fiducie, ce qui montre qu’il demeure un actionnaire significatif. Le dossier indique que la vente a été effectuée dans le cadre d’un plan de trading Rule 10b5-1, indiquant que la transaction a suivi un accord préétabli plutôt qu’un trading ad hoc.
James A. Beer, Direktor bei DocuSign, meldete den Verkauf von 450 Anteilen der Stammaktien des Unternehmens zu 81,28 $ pro Aktie. Nach dem Verkauf soll er direkt 14.199 Aktien und indirekt über einen Trust 5.543 Aktien besitzen, was zeigt, dass er weiterhin ein bedeutender Anteilseigner ist. Die Einreichung vermerkt, dass der Verkauf im Rahmen eines Rule 10b5-1-Handelsplans erfolgte, was darauf hindeutet, dass die Transaktion einem vorbestehenden Abkommen folgte und kein Ad-hoc-Handel war.
جيمس أ. بير، مدير في DocuSign، أبلغ عن بيع 450 سهماً من أسهم الشركة العادية بسعر $81.28 للسهم. بعد البيع، يُذكر أنه يمتلك 14,199 سهماً بشكل مباشر و5,543 سهماً بشكل غير مباشر من خلال ثقة/صندوق، مما يظهر أنه لا يزال يملك حصة مؤثرة. يلاحظ الملف أن البيع تم وفق خطة تداول Rule 10b5-1، مما يشير إلى أن الصفقة جاءت وفق ترتيب مسبق وليس تداولاً عشوائياً.
詹姆斯 A. 比尔,DocuSign 的董事,报告以每股 $81.28 的价格出售了公司的普通股 450 股。出售后,据报道他直接持有 14,199 股,通过信托间接持有 5,543 股,显示他仍是重要的股东。备案指出此次出售是在 Rule 10b5-1 交易计划 下执行,表明交易遵循事先制定的安排,而非临时交易。
- Sale executed under a Rule 10b5-1 plan, which indicates the transaction followed a pre-established trading arrangement
- Significant continuing ownership: 14,199 shares directly and 5,543 shares indirectly, showing ongoing alignment with shareholders
- None.
Insights
TL;DR: Small, pre-planned insider sale; continuing ownership remains material relative to the sold amount.
The sale of 450 shares at $81.28 is modest in size and was executed under a Rule 10b5-1 plan, which typically reduces concerns about opportunistic insider timing. Post-transaction direct ownership of 14,199 shares plus 5,543 indirectly suggests alignment with shareholders remains intact. This disclosure is routine and unlikely to be materially informative about company fundamentals.
TL;DR: Transaction follows governance best practices through a documented trading plan; disclosure is timely and standard.
The use of a Rule 10b5-1 plan is a governance-positive signal because it documents trading intent in advance, reducing insider-trading concerns. The reported ownership structure—direct and trust-held shares—is transparently disclosed. The size of the disposition is small relative to remaining holdings, so it does not indicate a meaningful shift in insider commitment based on this filing alone.
James A. Beer, un direttore di DocuSign, ha riferito la vendita di 450 azioni delle azioni ordinarie della società a $81,28 per azione. Dopo la vendita, si dice che possieda direttamente 14.199 azioni e indirettamente 5.543 azioni tramite un trust, dimostrando che rimane un azionista significativo. Il modulo segnala che la vendita è stata effettuata nell'ambito di un piano di negoziazione Rule 10b5-1, indicando che la transazione ha seguito un accordo predefinito piuttosto che un trading ad hoc.
James A. Beer, director de DocuSign, informó la venta de 450 acciones de las acciones ordinarias de la empresa a $81.28 por acción. Después de la venta, se reporta que posee directamente 14,199 acciones y indirectamente 5,543 acciones a través de un fideicomiso, lo que demuestra que sigue siendo un accionista importante. El documento indica que la venta se realizó bajo un plan de trading Rule 10b5-1, lo que señala que la transacción siguió un acuerdo preexistente en lugar de un comercio ad hoc.
제임스 A. 비어는 DocuSign의 이사로서 회사의 보통주 450주를 주당 81.28달러에 매각했다고 보고했습니다. 매각 후 그는 직접 14,199주와 신탁을 통해 간접적으로 5,543주를 보유한 것으로 보고되어 여전히 중요한 이해관계자임을 보여줍니다. 공시는 매도가 Rule 10b5-1 거래 계획에 따라 사전에 정해진 합의에 따라 이루어졌음을 나타내며, 즉 즉석 거래가 아님을 시사합니다.
James A. Beer, membre du conseil de DocuSign, a signalé la vente de 450 actions ordinaires de la société à 81,28 $ par action. Après la vente, il est rapporté qu’il détient directement 14 199 actions et indirectement 5 543 actions via une fiducie, ce qui montre qu’il demeure un actionnaire significatif. Le dossier indique que la vente a été effectuée dans le cadre d’un plan de trading Rule 10b5-1, indiquant que la transaction a suivi un accord préétabli plutôt qu’un trading ad hoc.
James A. Beer, Direktor bei DocuSign, meldete den Verkauf von 450 Anteilen der Stammaktien des Unternehmens zu 81,28 $ pro Aktie. Nach dem Verkauf soll er direkt 14.199 Aktien und indirekt über einen Trust 5.543 Aktien besitzen, was zeigt, dass er weiterhin ein bedeutender Anteilseigner ist. Die Einreichung vermerkt, dass der Verkauf im Rahmen eines Rule 10b5-1-Handelsplans erfolgte, was darauf hindeutet, dass die Transaktion einem vorbestehenden Abkommen folgte und kein Ad-hoc-Handel war.