DocuSign (NASDAQ: DOCU) director sells 364 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DocuSign, Inc. director Teresa Briggs reported an open-market sale of common stock. On February 27, 2026, she sold 364 shares at an average price of $44.31 per share under a pre-arranged Rule 10b5-1 trading plan. Following this planned sale, she directly owns 9,170 shares of DocuSign common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 364 shares ($16,129)
Net Sell
1 txn
Insider
Briggs Teresa
Role
Director
Sold
364 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 364 | $44.31 | $16K |
Holdings After Transaction:
Common Stock — 9,170 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did DocuSign (DOCU) director Teresa Briggs report?
Teresa Briggs reported an open-market sale of DocuSign common stock. She sold 364 shares on February 27, 2026, as part of a pre-arranged Rule 10b5-1 trading plan, according to the Form 4 insider filing.
Was the DocuSign (DOCU) insider sale by Teresa Briggs under a Rule 10b5-1 plan?
Yes, the sale was executed under a Rule 10b5-1 trading plan adopted by Teresa Briggs. Such plans allow insiders to pre-schedule trades, helping separate personal trading decisions from possession of material nonpublic information.
What does the transaction code 'S' mean in the DocuSign (DOCU) Form 4 filing?
The transaction code “S” in the Form 4 indicates a sale of securities. In this case, it reflects an open-market sale of DocuSign common stock by director Teresa Briggs on February 27, 2026, at $44.31 per share.
Is Teresa Briggs’ ownership in DocuSign (DOCU) direct or indirect after the transaction?
Her reported ownership is direct following the transaction. The Form 4 lists the ownership code as “D” for direct, covering the 9,170 shares of DocuSign common stock she holds after the sale.