DocuSign (DOCU) CEO Allan Thygesen sells 26,250 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DocuSign, Inc. President and CEO Allan C. Thygesen reported selling a total of 26,250 shares of Common Stock in open-market transactions on July 1, 2026. The sales were executed in two tranches of 21,993 and 4,257 shares at prices ranging from $44.96 to $46.35 per share. The transactions were carried out under a pre-arranged Rule 10b5-1 trading plan, indicating they were scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 26,250 shares ($1,208,131)
Net Sell
2 txns
Insider
Thygesen Allan C.
Role
President and CEO
Sold
26,250 shs ($1.21M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,257 | $45.58 | $194K |
| Sale | Common Stock | 21,993 | $46.11 | $1.01M |
Holdings After Transaction:
Common Stock — 181,031 shares (Direct, null)
Footnotes (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 $44.96 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. The shares were sold at prices ranging from $45.96 to $46.35. 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.
Key Figures
Total shares sold: 26,250 shares
First tranche sold: 21,993 shares at $46.11
Second tranche sold: 4,257 shares at $45.58
+4 more
7 metrics
Total shares sold
26,250 shares
Open-market sales on July 1, 2026
First tranche sold
21,993 shares at $46.11
Common Stock, open-market sale
Second tranche sold
4,257 shares at $45.58
Common Stock, open-market sale
Price range (tranche 1)
$45.96–$46.35
Footnote F3 price range
Price range (tranche 2)
$44.96–$45.95
Footnote F2 price range
Number of sell transactions
2 transactions
Both coded S, non-derivative
Net buy/sell direction
net-sell of 26,250 shares
Transaction summary for this Form 4
Key Terms
Rule 10b5-1 plan, open-market sale, non-derivative, Common Stock, +1 more
5 terms
Rule 10b5-1 plan financial
"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 is described as an open-market sale of Common Stock."
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.
non-derivative financial
"Each transaction is classified as a non-derivative transaction in Common Stock."
Common Stock financial
"The security title for both reported transactions is 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.
transaction code S financial
"Both entries use transaction code S, indicating a sale in open market or private transaction."
FAQ
What insider transaction did DOCUSIGN, INC. (DOCU) report for Allan C. Thygesen?
DOCUSIGN, INC. reported that President and CEO Allan C. Thygesen sold 26,250 shares of Common Stock. The sales occurred in two transactions of 21,993 and 4,257 shares, both executed on July 1, 2026, as open-market sales.
How many DOCUSIGN (DOCU) insider sell transactions are shown in this Form 4?
The Form 4 shows two insider sell transactions in DOCUSIGN Common Stock. Both are coded as open-market sales (code S) on July 1, 2026, with a combined total of 26,250 shares sold across the two reported trades.
What role does Allan C. Thygesen hold at DOCUSIGN, INC. (DOCU) in this filing?
In this Form 4, Allan C. Thygesen is identified as both a director and an officer of DOCUSIGN, INC., serving as President and CEO. The reported transactions therefore reflect trades by the company’s chief executive and board member.
Does this DOCUSIGN (DOCU) Form 4 involve derivative securities or only Common Stock?
This Form 4 involves only non-derivative securities, specifically DOCUSIGN Common Stock. There are no option exercises or other derivative transactions reported, and the derivative position summary is empty for this filing.