Chatwani Robert 4
4 · DOCUSIGN, INC. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
DocuSign (DOCU) President Robert Chatwani Sells Shares
What Happened
Robert Chatwani, President General Manager, Growth at DocuSign (DOCU), sold a total of 16,696 shares in five open-market transactions on March 18, 2026, for aggregate proceeds of roughly $803,043. The reported trades were: 1,395 shares @ $45.52 ($63,500); 3,085 shares @ $46.67 ($143,977); 4,300 shares @ $47.92 ($206,056); 4,092 shares @ $48.93 ($200,222); and 3,824 shares @ $49.50 ($189,288). These were sales (transaction code S), not purchases.
Key Details
- Transaction date: March 18, 2026 (filed March 19, 2026) — filing appears timely.
- Prices reported per tranche: $45.52, $46.67, $47.92, $48.93, $49.50; footnotes indicate sales in those tranches ranged approximately $45.25–$49.80 and that a per-price breakdown is available on request (F2–F6).
- Total shares sold: 16,696; approximate total proceeds: $803,043.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Notable footnote: F1 states the transactions were effected pursuant to a Rule 10b5-1 trading plan (prearranged plan). F2–F6 provide price-range details and note the reporting person can supply full per-price allocations on request.
- Transaction type: Sale (S).
Context
A 10b5-1 plan allows company insiders to execute pre-set trades according to a schedule and is commonly used to avoid timing questions; such sales under a plan are typically routine and do not, by themselves, indicate a change in insider sentiment. For retail investors, purchases by insiders tend to be more directly interpreted as positive signals; this filing documents scheduled sales.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-18$45.52/sh−1,395$63,500→ 87,759 total - Sale
Common Stock
[F1][F3]2026-03-18$46.67/sh−3,085$143,977→ 84,674 total - Sale
Common Stock
[F1][F4]2026-03-18$47.92/sh−4,300$206,056→ 80,374 total - Sale
Common Stock
[F1][F5]2026-03-18$48.93/sh−4,092$200,222→ 76,282 total - Sale
Common Stock
[F1][F6]2026-03-18$49.50/sh−3,824$189,288→ 72,458 total
Footnotes (6)
- [F1]The transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
- [F2]The shares were sold at prices ranging from $45.25 to $45.94. 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.
- [F3]The shares were sold at prices ranging from $46.30 to $47.27. 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.
- [F4]The shares were sold at prices ranging from $47.30 to $48.29. 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.
- [F5]The shares were sold at prices ranging from $48.35 to $49.31. 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.
- [F6]The shares were sold at prices ranging from $49.35 to $49.80. 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.