DocuSign CFO disposes 6,500 DOCU shares under 10b5-1 plan

Rhea-AI Filing Summary

DocuSign insider sales: Chief Financial Officer Blake Jeffrey sold a total of 6,500 shares of DOCU on 10/01/2025. The transactions were executed as two separate dispositions: 1,751 shares at prices ranging from $70.09 to $70.97 and 4,749 shares at prices ranging from $71.09 to $71.82. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan.

After these sales the reporting person beneficially owns 105,660 shares directly. The filing is a routine insider-sale disclosure and does not include any amendments, option exercises, or derivative transactions.

Positive

• Sales were executed under a Rule 10b5-1 plan, indicating pre-arranged transactions
• Reporting person retains 105,660 shares after the sales, showing continued ownership

Negative

• CFO disposed of 6,500 shares, a material sale of insider-held equity on 10/01/2025
• Sale prices varied up to $71.82, indicating multiple execution prices within the reported ranges

Insights

Equity Insider Transactions Analyst

TL;DR: CFO sold 6,500 DOCU shares on 10/01/2025 under a Rule 10b5-1 plan; 105,660 shares remain beneficially owned.

The Form 4 discloses two separate sales totaling 6,500 shares executed at price ranges of $70.09–$70.97 and $71.09–$71.82. Because the sales were made under a Rule 10b5-1 plan, they represent pre‑arranged dispositions rather than ad hoc trades.

This filing is material as it updates insider ownership and recent selling activity; investors track such disclosures for governance and signaling reasons. The filing does not state proceeds or change in derivative holdings, so assessment is limited to the disclosed share counts and price ranges.

SEC Form 4

FORM 4

UNITED 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).

1. Name and Address of Reporting Person^*

GRAYSON BLAKE JEFFREY

(Last) (First) (Middle)

C/O DOCUSIGN, INC.

221 MAIN STREET, SUITE 800

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DOCUSIGN, INC. [ DOCU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/01/2025		S		1,751(1)	D	$70.73(2)	110,409	D
Common Stock	10/01/2025		S		4,749(1)	D	$71.38(3)	105,660	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 $70.09 to $70.97. 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.

3. The shares were sold at prices ranging from $71.09 to $71.82. 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-fact	10/02/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did DocuSign insider Blake Jeffrey disclose on Form 4 (DOCU)?

The Form 4 reports that CFO Blake Jeffrey sold a total of 6,500 DOCU shares on 10/01/2025 under a Rule 10b5-1 plan.

How many shares did the CFO sell and at what prices?

He sold 1,751 shares at prices ranging $70.09–$70.97 and 4,749 shares at prices ranging $71.09–$71.82, totaling 6,500 shares.

How many DocuSign shares does the reporting person own after the sale?

Following the reported transactions the reporting person beneficially owns 105,660 shares, held directly.

Were any option exercises or derivative transactions disclosed?

No. Table II for derivative securities is blank and the filing discloses only non-derivative common stock sales.

Was the Form 4 filed jointly or by a single reporting person?

The filing indicates it was filed by one reporting person and signed by an attorney-in-fact on 10/02/2025.