STOCK TITAN

DocuSign (DOCU) growth president sells 15,902 shares under 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

DocuSign, Inc. president and general manager of growth Robert Chatwani reported selling a total of 15,902 shares of common stock in open-market transactions. The sales, made under a pre-arranged Rule 10b5-1 trading plan, were executed at prices around the low-to-mid $40s per share, and he continues to hold 79,485 shares directly.

Positive

  • None.

Negative

  • None.
Insider Chatwani Robert
Role President General Mgr, Growth
Sold 15,902 shs ($684K)
Type Security Shares Price Value
Sale Common Stock 9,222 $42.64 $393K
Sale Common Stock 6,680 $43.52 $291K
Holdings After Transaction: Common Stock — 79,485 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 $42.28 to $43.25. 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. The shares were sold at prices ranging from $43.30 to $43.67. 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 (total) 15,902 shares Net open-market sales reported in Form 4
First trade size and price 6,680 shares at $43.52 Open-market sale of common stock
Second trade size and price 9,222 shares at $42.64 Open-market sale of common stock
Shares held after trades 79,485 shares Direct ownership following reported sales
Price range footnote 1 $42.28–$43.25 Range for a portion of shares sold
Price range footnote 2 $43.30–$43.67 Range for another portion of shares sold
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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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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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*
Chatwani Robert

(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)
President General Mgr, Growth
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026
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 Stock06/22/2026S9,222(1)D$42.64(2)79,485D
Common Stock06/22/2026S6,680(1)D$43.52(3)72,805D
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 $42.28 to $43.25. 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 $43.30 to $43.67. 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-fact06/22/2026
** 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, INC. (DOCU) report for Robert Chatwani?

DOCUSIGN, INC. reported that executive Robert Chatwani sold 15,902 shares of common stock. The transactions were open-market sales executed under a Rule 10b5-1 trading plan, meaning they were pre-scheduled rather than discretionary trades timed to short-term market movements.

At what prices did Robert Chatwani sell DOCU shares?

Robert Chatwani’s reported DOCU share sales occurred at prices in the low-to-mid $40s per share. Individual Form 4 lines show sales at $42.64 and $43.52, while footnotes note ranges between $42.28 and $43.67 across the executed trades.

How many DOCUSIGN (DOCU) shares does Robert Chatwani hold after these sales?

After the reported DOCUSIGN transactions, Robert Chatwani directly holds 79,485 shares of common stock. This post-transaction holding reflects his remaining equity stake following the sale of 15,902 shares disclosed in the Form 4 insider trading report.

Were Robert Chatwani’s DOCUSIGN share sales under a Rule 10b5-1 plan?

Yes. A footnote states the DOCUSIGN share sales were effected under a Rule 10b5-1 trading plan. Such plans are established in advance, allowing executives to systematically sell shares, which can reduce the significance of trade timing as a signal of their short-term outlook.

What type of Form 4 transactions did DOCUSIGN (DOCU) disclose for Robert Chatwani?

DOCUSIGN disclosed two non-derivative Form 4 transactions for Robert Chatwani, both coded “S” for open-market sales of common stock. There were no option exercises, gifts, or tax-withholding entries, and the transactionSummary shows a net sale of 15,902 shares.