The level of selling is negligible relative to market cap (<0.001%) and consistent with routine option monetization. No signal of distress or strong conviction. Traders should monitor for larger-scale or coordinated selling in future filings.
Price Chart
Executive Summary
A cluster of insider transactions at DocuSign over the past week includes both open-market sales and derivative exercises. The total open-market sales amount to approximately $69,638 across four insiders, while the majority of transactions were non-cash derivative exercises. This activity is routine and represents minimal economic value relative to the company's $9.3B market cap.
Key Financial Metrics
Key Facts
- Four insiders conducted open-market sales totaling ~$69.6K in the past 7 days.
- Seven insiders exercised stock options (non-cash transactions) totaling 5,172 shares with no economic outlay.
- Marrs Anna sold 728 shares for ~$33.2K across two trades on March 3 and March 5.
- BEER JAMES A sold 450 shares for ~$20.3K on March 3.
- Briggs Teresa sold 364 shares for ~$16.1K on February 27.
- All derivative exercises occurred on February 28 at $0 cost, indicating option exercises followed by immediate sales or holdings.
Financial Impact
$69,638 in total open-market sales; non-cash transactions valued at $0
Risk Factors
- Perception risk if media mischaracterizes routine option exercises as insider selling.
- Potential for increased selling pressure if more executives follow similar patterns ahead of earnings.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (14 trades, 7d window) | cluster-DOCU-1772751285379 |
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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