STOCK TITAN

DocuSign (DOCU) CEO Allan Thygesen sells 26,250 shares under 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
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 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)
  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.
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
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."
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Learn about SEC filing dates
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*
Thygesen Allan C.

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
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 Stock07/01/2026S4,257(1)D$45.58(2)181,031D
Common Stock07/01/2026S21,993(1)D$46.11(3)159,038D
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 $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.
3. 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.
Remarks:
/s/ Derrick Chapman, Attorney-in-fact07/01/2026
** 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 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.

At what prices did Allan C. Thygesen sell DOCU shares in this Form 4?

Allan C. Thygesen’s DOCU share sales were executed at prices ranging from $44.96 to $46.35 per share. The Form 4 notes separate tranches with weighted prices of $45.58 and $46.11, reflecting multiple trades within these disclosed ranges.

Was Allan C. Thygesen’s DOCU share sale made under a Rule 10b5-1 plan?

Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 plan adopted by Allan C. Thygesen. Such plans pre-schedule trades, indicating these DOCU share sales were arranged in advance rather than being opportunistic decisions.

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.