DOCU Form 4: Anna Marrs Disposes of 728 Shares via 10b5-1 Plan
Rhea-AI Filing Summary
Anna Marrs, a Director of DocuSign, Inc. (DOCU), reported a sale of company stock under a pre-established trading plan. On 09/15/2025 she disposed of 728 shares of DocuSign common stock at a reported price of $80.3 per share. After the sale she beneficially owned 10,799 shares, held directly. The filing notes the transaction was effected pursuant to a Rule 10b5-1 plan. The Form 4 was signed by an attorney-in-fact on 09/16/2025.
Positive
- Transaction was executed under a Rule 10b5-1 plan, indicating it was pre-established
- Prompt disclosure with Form 4 filed and signed by attorney-in-fact dated 09/16/2025
Negative
- Director disposed of 728 shares, reducing direct beneficial ownership (now 10,799 shares)
- No information on total percentage ownership or relation of this sale to overall holdings in the company
Insights
TL;DR: Routine insider sale under a 10b5-1 plan; small reduction in direct holdings relative to total shares outstanding.
The reported transaction is a straightforward disposition of 728 shares at $80.3 each executed under a Rule 10b5-1 plan, indicating it was pre-planned and not an ad-hoc sale. Post-transaction direct beneficial ownership is 10,799 shares. The filing does not disclose option exercises, derivative activity, or any other changes to holdings. From an analytical perspective, this Form 4 provides clear, limited disclosure of a single routine sale by a director.
TL;DR: Governance-compliant disclosure; use of 10b5-1 shows adherence to insider trading protocols.
The Form 4 documents compliance with Section 16 reporting and cites a Rule 10b5-1 plan, which typically mitigates concerns about opportunistic insider trading. The sale was executed and reported promptly with an attorney-in-fact signature dated 09/16/2025. The filing contains no indications of related-party transactions or amendments. For governance review, this is a routine, transparent insider sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 728 | $80.30 | $58K |
Footnotes (1)
- [object Object]