Was Paula Hansen’s DOCUSIGN (DOCU) share sale under a Rule 10b5-1 plan?

Yes. A footnote explains that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Paula Hansen. Such plans schedule trades in advance, helping separate routine portfolio management from opportunistic trading based on short-term non-public information.

Docusign (NASDAQ: DOCU) CRO trims stake with 6,000-share sale

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

DOCUSIGN, INC. Chief Revenue Officer Paula Hansen reported open-market sales of 6,000 shares of common stock on April 1, 2026. The transactions were executed under a pre-arranged Rule 10b5-1 trading plan, with sale prices ranging from about $45.85 to $48.00 per share. Following these sales, Hansen directly holds 79,233 shares of DocuSign common stock, indicating she retained a substantial equity position after the trades.

Insider Trade Summary 10b5-1

Net Seller: 6,000 shares ($281,027)

Net Sell 3 txns

Insider Hansen Paula

Role Chief Revenue Officer

Sold 6,000 shs ($281K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,692	$46.21	$124K
Sale	Common Stock	3,108	$47.31	$147K
Sale	Common Stock	200	$47.95	$10K

Holdings After Transaction: Common Stock — 82,541 shares (Direct)

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 $45.85 to $46.55. 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 $46.87 to $47.70. 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 $47.90 to $48.00. 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.

Key Figures

Shares sold: 6,000 shares First sale price: $46.21/share Second sale price: $47.31/share +3 more

6 metrics

Shares sold 6,000 shares Total DOCUSIGN common stock sold on April 1, 2026

First sale price $46.21/share Weighted-average price for 2,692-share sale

Second sale price $47.31/share Weighted-average price for 3,108-share sale

Third sale price $47.95/share Price for 200-share sale

Post-sale holdings 79,233 shares Shares of DOCUSIGN common stock held directly after transactions

Net share direction -6,000 shares Net-sell activity in transaction summary

Key Terms

Rule 10b5-1 plan, open-market sale, Common Stock, Form 4

4 terms

Rule 10b5-1 plan regulatory

"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" for each common stock transaction."

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" for all reported transactions."

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): structured insider transaction report."

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.

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 06:08 PM

SEC Form 4

FORM 4

UNITED 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).

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^*

Hansen Paula

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Revenue Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		S		2,692⁽¹⁾	D	$46.21⁽²⁾	82,541	D
Common Stock	04/01/2026		S		3,108⁽¹⁾	D	$47.31⁽³⁾	79,433	D
Common Stock	04/01/2026		S		200⁽¹⁾	D	$47.95⁽⁴⁾	79,233	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $45.85 to $46.55. 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 $46.87 to $47.70. 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 $47.90 to $48.00. 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-fact	04/02/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did DOCUSIGN (DOCU) report for Paula Hansen?

DOCUSIGN reported that Chief Revenue Officer Paula Hansen sold 6,000 shares of common stock in open-market transactions on April 1, 2026. These sales were made under a pre-arranged Rule 10b5-1 trading plan and reflect planned diversification rather than a sudden discretionary move.

At what prices did Paula Hansen sell DOCUSIGN (DOCU) shares?

Paula Hansen’s Form 4 shows sales at weighted-average prices of $46.21, $47.31 and $47.95 per share. Footnotes state the actual trades occurred in ranges from $45.85 up to $48.00, with full price-by-price details available upon request to the company or the SEC.

How many DOCUSIGN (DOCU) shares does Paula Hansen still own after the sale?

After completing the reported sales, Paula Hansen directly owns 79,233 shares of DOCUSIGN common stock. This remaining stake indicates she continues to hold a meaningful equity position in the company even after the 6,000-share disposition reported in the Form 4 filing.

How many DOCUSIGN (DOCU) shares did Paula Hansen sell in total?

Across three open-market transactions on April 1, 2026, Paula Hansen sold a total of 6,000 DOCUSIGN common shares. Individual trade lots were 2,692 shares, 3,108 shares and 200 shares, executed at different average prices within the disclosed price ranges in the Form 4.