DOCU Form 4: Director Peter Solvik reports 15,000-share sale at $81.48
Rhea-AI Filing Summary
Peter Solvik, a director of DocuSign, filed a Form 4 reporting a sale of 15,000 shares of DocuSign common stock on 09/15/2025 at a price of $81.48 per share. After the reported transaction, the Form 4 shows total beneficial ownership of 135,253 shares, with portions held indirectly by children\'s trusts, a spouse, and a family partnership. The filing is signed on behalf of the reporting person by an attorney-in-fact on 09/17/2025.
Positive
- None.
Negative
- Director disposed of 15,000 shares of DocuSign common stock on 09/15/2025 at $81.48 per share
- Beneficial ownership decreased to 135,253 shares following the reported transaction
Insights
TL;DR: A director sold shares; transaction disclosed in Form 4 reduces beneficial holdings to 135,253 shares.
The Form 4 shows a reported sale of 15,000 DocuSign shares at $81.48 on 09/15/2025. The filing details remaining beneficial ownership and identifies indirect holdings through children\'s trusts, spouse, and a family partnership. This is a standard Section 16 disclosure of insider activity and provides transparency into ownership changes by a director.
TL;DR: Routine insider disposition disclosed; documentation and signatures are in order.
The filing indicates the reporting person is a director and the Form 4 was signed by an attorney-in-fact on 09/17/2025. The report itemizes direct and indirect holdings and records the sale transaction with price and date, satisfying typical disclosure requirements for changes in beneficial ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $81.48 | $1.22M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
