STOCK TITAN

DocuSign (DOCU) CEO logs 26,250-share open-market sale 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 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.

Positive

  • None.

Negative

  • None.

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 Thygesen Allan C.
Role President and CEO
Sold 26,250 shs ($1.25M)
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
Holdings After Transaction: Common Stock — 175,787 shares (Direct)
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 $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.
Total shares sold 26,250 shares Open-market sales on April 1 by President and CEO
First sale tranche 2,700 shares at $46.44 Common Stock open-market sale
Second sale tranche 6,100 shares at $47.39 Common Stock open-market sale
Third sale tranche 17,450 shares at $48.12 Common Stock open-market sale
Post-transaction holdings 152,237 shares Common Stock directly owned after reported sales
Sell transactions count 3 transactions All coded as open-market sales of Common Stock
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": "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.
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)
04/01/2026
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 Stock04/01/2026S2,700(1)D$46.44(2)175,787D
Common Stock04/01/2026S6,100(1)D$47.39(3)169,687D
Common Stock04/01/2026S17,450(1)D$48.12(4)152,237D
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 $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.
3. 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.
4. 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.
Remarks:
/s/ Derrick Chapman, Attorney-in-fact04/02/2026
** 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 activity did DocuSign (DOCU) report for its CEO?

DocuSign reported that President and CEO Allan C. Thygesen sold 26,250 shares of Common Stock in three open-market transactions. These trades were executed on April 1 pursuant to a pre-arranged Rule 10b5-1 trading plan disclosed in the Form 4 filing.

At what prices did the DocuSign CEO sell his DOCU shares?

The CEO’s reported sales occurred at prices generally between about $45.89 and $48.38 per share. Individual Form 4 line items show transactions at $46.44, $47.39, and $48.12 per share, with footnotes describing broader price ranges for each sale tranche.

How many DocuSign (DOCU) shares does the CEO still own after this Form 4?

After the reported sales, Allan C. Thygesen directly holds 152,237 shares of DocuSign Common Stock. This post-transaction balance is disclosed in the Form 4 for each transaction line, providing context that he retains a substantial remaining equity position in the company.

Was the DocuSign CEO’s stock sale made under a Rule 10b5-1 plan?

Yes. A footnote states the transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person. Such plans pre-schedule trades, indicating the sales were arranged in advance rather than timed in response to short-term market developments.

How many DOCU shares did the CEO sell in each reported transaction?

The Form 4 shows three open-market sales by the CEO: 2,700 shares at $46.44, 6,100 shares at $47.39, and 17,450 shares at $48.12. Together these sales total 26,250 shares of DocuSign Common Stock disposed of on April 1.

Does the DocuSign Form 4 show any option exercises or derivative transactions?

No. The provided data lists only non-derivative Common Stock transactions coded as open-market sales. The derivativeSummary section is empty, indicating no option exercises, conversions, or other derivative-related transactions were reported in this particular Form 4 filing.