DocuSign President & GM Robert Chatwani Sells $1.02M in Stock via 10b5-1 Plan
DOCUSIGN, INC.
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Filing Summary
Insider Sale Alert: DOCUSIGN, INC. ($DOCU) • Insider: Chatwani Robert (President General Mgr, Growth) • Transaction: Sold 14,676 shares of Common Stock • Average Price: ~$69.41 (Range: $68.33 - $70.07) • Total Value: $1,018,731.00 • Shares Remaining: 75,928 • Plan: Pre-scheduled Rule 10b5-1 Trading Plan
Comprehensive Analysis
Insider Transaction Overview
On September 17, 2026, Robert Chatwani, President & General Manager of Growth at DocuSign, Inc. ($DOCU), executed open-market sales totaling 14,676 shares of DocuSign Common Stock across two tranches:
- Tranche 1: 4,044 shares sold at a weighted average price of $68.77 (ranging from $68.33 to $69.32), totaling $278,105.88.
- Tranche 2: 10,632 shares sold at a weighted average price of $69.66 (ranging from $69.37 to $70.07), totaling $740,625.12.
The combined gross proceeds from these dispositions amounted to $1,018,731.00 at an effective average price of approximately $69.41 per share.
Ownership & Context
- Rule 10b5-1 Plan: The filing explicitly notes that both transactions were executed pursuant to a pre-established Rule 10b5-1 trading plan adopted by Mr. Chatwani. Pre-scheduled trading plans remove discretionary timing and minimize informational asymmetry regarding company developments.
- Post-Transaction Holdings: Following the sale, Mr. Chatwani directly holds 75,928 shares of DocuSign Common Stock.
- Significance: Rated Low due to execution under a pre-established Rule 10b5-1 trading plan and the retention of a substantial direct equity position.
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