DocuSign (DOCU) CEO logs 26,250-share open-market sale under 10b5-1 plan
Rhea-AI Filing Summary
DOCUSIGN, INC. President and CEO Allan C. Thygesen sold 26,250 shares of Common Stock in three open-market transactions on April 1 pursuant to a pre-arranged Rule 10b5-1 plan. Sale prices ranged from about $45.89 to $48.38 per share, and he continues to hold 152,237 shares directly.
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Insights
DocuSign CEO’s 10b5-1 stock sale looks routine and pre-planned.
DocuSign President and CEO Allan C. Thygesen reported open-market sales totaling 26,250 Common Stock shares on April 1. The trades occurred at prices between $45.89 and $48.38 per share under a Rule 10b5-1 trading plan.
Because the transactions were executed pursuant to a pre-established Rule 10b5-1 plan, the timing appears pre-planned rather than opportunistic. After these sales, Thygesen still directly owns 152,237 shares, so the disposition represents only a portion of his visible equity stake.
The filing shows only non-derivative Common Stock transactions and no derivative exercises. Future company filings may provide additional context if his ownership position or trading plans change meaningfully.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,700 | $46.44 | $125K |
| Sale | Common Stock | 6,100 | $47.39 | $289K |
| Sale | Common Stock | 17,450 | $48.12 | $840K |
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 $45.89 to $46.84. 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 $46.92 to $47.91. 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 $47.92 to $48.38. 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.