STOCK TITAN

DocuSign (DOCU) Chief Revenue Officer sells 6,000 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

DOCUSIGN, INC. Chief Revenue Officer Paula Hansen reported an open-market sale of 6,000 shares of common stock at a weighted average price of $45.54 per share. The filing shows she now directly holds 89,972 shares of DocuSign common stock after this transaction.

The sale was carried out under a pre-arranged Rule 10b5-1 trading plan, meaning the trades were scheduled in advance rather than timed discretionarily. Footnotes note the shares were sold in multiple trades at prices ranging from $44.99 to $45.95 per share.

Positive

  • None.

Negative

  • None.
Insider Hansen Paula
Role Chief Revenue Officer
Sold 6,000 shs ($273K)
Type Security Shares Price Value
Sale Common Stock 6,000 $45.54 $273K
Holdings After Transaction: Common Stock — 89,972 shares (Direct, null)
Footnotes (1)
  1. The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person. The shares were sold at prices ranging from $44.99 to $45.95. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Shares sold 6,000 shares Open-market sale of common stock
Average sale price $45.54 per share Weighted average price for 6,000 shares
Post-sale holdings 89,972 shares Common stock directly held after transaction
Sale price range $44.99–$45.95 per share Range of prices across multiple trades
Rule 10b5-1 plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person."
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 sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
non-derivative financial
"transaction_type: non-derivative"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hansen Paula

(Last)(First)(Middle)
C/O DOCUSIGN, INC.
221 MAIN STREET, SUITE 800

(Street)
SAN FRANCISCO CALIFORNIA 94105

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DOCUSIGN, INC. [ DOCU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Revenue Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026S6,000(1)D$45.54(2)89,972D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
2. The shares were sold at prices ranging from $44.99 to $45.95. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Remarks:
/s/ Derrick Chapman, Attorney-in-fact07/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DOCUSIGN (DOCU) report for Paula Hansen?

DOCUSIGN reported that Chief Revenue Officer Paula Hansen sold 6,000 shares of common stock. The sale was an open-market transaction under a Rule 10b5-1 trading plan, indicating it was pre-scheduled rather than timed in direct response to recent market events.

At what price did Paula Hansen sell DOCUSIGN (DOCU) shares?

Paula Hansen’s 6,000 DOCUSIGN shares were sold at a weighted average price of $45.54. Footnotes state individual trades occurred between $44.99 and $45.95 per share, reflecting multiple executions within that price range on the transaction date.

How many DOCUSIGN (DOCU) shares does Paula Hansen hold after the sale?

After selling 6,000 shares, Paula Hansen now directly holds 89,972 DOCUSIGN common shares. This remaining stake, as reported in the Form 4, provides context that the transaction represents only a portion of her overall equity position in the company.

Was the DOCUSIGN (DOCU) insider sale made under a Rule 10b5-1 plan?

Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan. Such plans allow insiders to pre-schedule trades, helping separate routine portfolio management from discretionary trades that might otherwise raise timing-related concerns for investors.

What does the transaction code "S" mean in the DOCUSIGN (DOCU) Form 4?

In this DOCUSIGN Form 4, transaction code "S" indicates an open-market or private sale of common stock. Here it reflects Paula Hansen’s disposition of 6,000 shares, categorized as a non-derivative, direct ownership sale executed through regular market transactions.