DocuSign Officer James P. Shaughnessy Files Form 144 to Sell $825.5K in Common Stock

Executive Summary

On October 1, 2026, James P. Shaughnessy, an Officer of DocuSign, Inc. ($DOCU), filed a Form 144 notice proposing the sale of 12,000 shares of common stock through Morgan Stanley Smith Barney LLC. The aggregate market value of the proposed transaction is $825,507.60, representing an implied price of approximately $68.79 per share.

Transaction Details & Origin of Shares

The 12,000 shares to be sold originated from equity incentive vesting events between July 2025 and August 2026:

• 1,552 shares: Restricted Stock acquired 07/10/2025
• 4,803 shares: Restricted Stock acquired 08/10/2025
• 2,323 shares: Restricted Stock acquired 09/10/2025
• 875 shares: Restricted Stock acquired 08/10/2026
• 2,447 shares: Performance Shares acquired 09/10/2025

Trading Plan and Significance

• Rule 10b5-1 Plan: The proposed sale is executed pursuant to a pre-arranged trading plan adopted on September 29, 2025.
• Significance: Low. The 12,000 shares represent less than 0.01% of DocuSign's 186,902,452 shares outstanding. Given the pre-scheduled nature of the Rule 10b5-1 plan and routine post-vesting monetization, the transaction is unlikely to exert meaningful downward pressure on trading volume or sentiment.