The cluster is too small to be informative. Monitor for larger insider moves or changes in fundamentals. The June 4 earnings beat and raised margin guidance are more relevant for near-term trading.
Price Chart
Executive Summary
Four Docusign insiders (CEO, CLO, CRO, and a director) sold a total of $645K in open-market transactions between March 27 and April 3, 2026. The total value represents only 0.008% of the company's $8.5B market cap, making this cluster trivial and routine. The selling predates the June 4 earnings release by two months and carries no informational signal.
Key Financial Metrics
Key Facts
- 4 insiders sold shares: CEO Allan Thygesen ($125K), CLO James Shaughnessy ($250K), CRO Paula Hansen ($124K), Director Mary Wilderotter ($144K)
- Total sales value: $645,000 — 0.008% of $8.5B market cap
- All transactions were open-market sells (Code S) executed on April 1, 2026
- Cluster predates the June 4 Q1 FY2027 earnings release by ~2 months
- Separate cluster of non-cash derivative exercises on June 15 (post-earnings) is unrelated
Financial Impact
Total insider sales of $645K represent 0.008% of $8.5B market cap — immaterial
Risk Factors
- No material risk from this cluster
- Insider selling at trivial levels is routine and non-informative
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DOCU-1781743627149 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | Insider Cluster | $71.85 $66.76 | ▼ −7.08% | ▼ −9.21% | $68.62 (−4.50%) |
Sep 11, 2026 20d ago | Insider Cluster | $69.76 $68.57 | ▼ −1.71% | ▼ −1.81% | $68.62 (−1.63%) |
Sep 9, 2026 23d ago | Insider Cluster | $64.45 $70.40 | ▲ +9.23% | ▲ +9.89% | $68.62 (+6.47%) |
Jul 2, 2026 13w ago | Insider Cluster | $45.77 $48.76 | ▼ −6.53% | ▼ −5.60% | $68.62 (−49.92%) |
Jun 4, 2026 17w ago | 8-K | $47.26 $45.03 | ▼ −4.72% | ▼ −5.29% | $68.62 (+45.20%) |
Jun 2, 2026 17w ago | Insider Cluster | $52.20 $45.13 | ▼ −13.55% | ▼ −9.73% | $68.62 (+31.45%) |
Jun 2, 2026 17w ago | Insider Cluster | $52.20 $45.13 | ▼ −13.55% | ▼ −9.73% | $68.62 (+31.45%) |
Jun 2, 2026 17w ago | Insider Cluster | $52.20 $45.13 | ▼ −13.55% | ▼ −9.73% | $68.62 (+31.45%) |
Apr 3, 2026 25w ago | Insider Cluster | $48.05 $45.42 | ▼ −5.47% | ▼ −9.60% | $68.62 (+42.81%) |
Apr 1, 2026 26w ago | 144 | $48.35 $42.84 | ▼ −11.40% | ▼ −15.01% | $68.62 (+41.91%) |
US Market Status
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