DocuSign insider plans sale of 6,000 shares valued $427,950
Rhea-AI Filing Summary
DOCUSIGN, INC. notice of a proposed sale under Rule 144 reports 6,000 common shares to be sold through Morgan Stanley Smith Barney LLC for an aggregate market value of $427,950. The filing lists the approximate date of sale as 10/07/2025 and shows 201,104,117 shares outstanding. The 6,000 shares were acquired in two tranches from the issuer as equity compensation: 3,000 performance shares on 06/10/2025 and 3,000 restricted stock on 08/10/2025. No other sales in the past three months are reported and the filer represents they have no undisclosed material nonpublic information.
Positive
- Filer discloses no securities sold in the past three months, suggesting this is an initial planned disposition
- Sale size is small relative to total shares outstanding (6,000 vs 201,104,117), indicating limited dilution or market impact
Negative
- Planned sale could create short-term selling pressure near 10/07/2025 for 6,000 shares
Insights
Small insider sale tied to recent equity awards, limited market impact.
The notice shows 6,000 shares granted as compensation and proposed for sale with an aggregate value of $427,950. The shares were received from the issuer as performance shares and restricted stock on 06/10/2025 and 08/10/2025.
Given the issuance timing and that there were no sales in the past three months, this appears to be a routine disposition of recently vested awards. Monitor settlement timing around 10/07/2025 and any subsequent filings that report actual sale proceeds or additional transactions.
FAQ
What does DOCU Form 144 filed for DOCU disclose?
Does the filing report recent sales by the same person?
Which broker will handle the proposed sale in the DOCU Form 144?