DocuSign director sells $35K in company stock
DocuSign director Teresa Briggs sold a small block of shares under a pre-arranged Rule 10b5-1 trading plan and retained over ten thousand DocuSign shares afterward.
Rhea-AI Filing Summary
DOCUSIGN, INC. (DOCU) director Teresa Briggs reported selling 548 shares of common stock on September 10, 2026 in an open-market or private transaction at $64.60 per share, for about $35,441 in gross proceeds. After this sale, she directly holds 10,811 shares. The trade was made pursuant to a Rule 10b5-1 plan previously adopted by the reporting person.
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Insider Trade Summary 10b5-1
Net Seller: 548 shares
Net Sell
1 txn
Insider
Briggs Teresa
Role
Director
Sold
548 shs ($35K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 548 | $64.60 | $35K |
Holdings After Transaction:
Common Stock — 10,811 shares (Direct)
Footnotes (1)
- F1. The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
Key Figures
Shares sold: 548 shares
Sale price per share: $64.60 per share
Estimated transaction value: $35,441
+1 more
4 metrics
Shares sold
548 shares
Common stock sale by director on September 10, 2026
Sale price per share
$64.60 per share
Price for the 548 DOCU shares sold
Estimated transaction value
$35,441
Approximate gross proceeds from selling 548 shares at $64.60
Shares held after transaction
10,811 shares
Direct DOCU common stock holdings of Teresa Briggs post-sale
Key Terms
Rule 10b5-1 plan, open market or private transaction, Form 4
3 terms
Rule 10b5-1 plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 plan adopted"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open market or private transaction market
"Sale in open market or private transaction"
Form 4 regulatory
"reported this transaction on Form 4 as an insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction in DOCU did director Teresa Briggs report?
Teresa Briggs reported a sale of 548 DocuSign (DOCU) common shares on September 10, 2026 in an open-market or private transaction, as disclosed in the Form 4 filing.
What type of transaction did the DOCU Form 4 report for Teresa Briggs?
The Form 4 reports a code "S" sale of non-derivative common stock, described as a sale in open market or private transaction, involving 548 shares on September 10, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.