The cluster of open-market sales by the CEO and CLO, without a 10b5-1 plan, is a bearish signal. Monitor upcoming quarterly earnings for any guidance revision or operational weakness that may have prompted the selling.
Price Chart
Executive Summary
Three DOCU insiders, including the CEO and Chief Legal Officer, sold a total of $1.38M in open-market sales on October 1, 2026. The sales are not plan-driven and represent a notable cluster, but the total value is modest relative to the company's market cap.
Key Financial Metrics
Key Facts
- CEO Allan C. Thygesen sold 7,500 shares for $512K on October 1, 2026.
- Chief Legal Officer James P. Shaughnessy sold 11,600 shares for $798K on October 1, 2026.
- Director Mary Agnes Wilderotter sold 1,000 shares for $69K on October 1, 2026.
- Total insider sales of $1.38M over a one-day window.
- No 10b5-1 plan indication for any of the sales.
Financial Impact
Total insider sales of $1.38M, representing approximately 0.42% of DOCU's market cap ($326M).
Risk Factors
- Insider sales may signal management's lack of confidence in near-term prospects.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DOCU-1790985561065 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | Institutional Cluster | $85.27 | awaiting T+5 | — | $84.89 (−0.45%) |
Oct 2, 2026 24d ago | Insider Cluster | $70.03 $70.97 | ▼ −1.34% | ▼ −0.92% | $84.89 (−21.22%) |
Sep 16, 2026 5w ago | 144 | $70.64 $68.99 | ▼ −2.34% | ▼ −2.94% | $84.89 (+20.17%) |
Sep 15, 2026 5w ago | Insider Cluster | $70.40 $69.49 | ▼ −1.29% | ▼ −3.37% | $84.89 (+20.58%) |
Sep 15, 2026 6w ago | Insider Cluster | $70.40 $69.49 | ▲ +1.29% | ▲ +3.12% | $84.89 (−20.58%) |
Sep 15, 2026 6w ago | Insider Cluster | $70.40 $69.49 | ▲ +1.29% | ▲ +3.12% | $84.89 (−20.58%) |
Sep 11, 2026 6w ago | Insider Cluster | $69.76 $68.57 | ▼ −1.71% | ▼ −1.81% | $84.89 (+21.69%) |
Sep 9, 2026 6w ago | Insider Cluster | $65.80 $70.64 | ▲ +7.36% | ▲ +6.73% | $84.89 (+29.01%) |
Sep 8, 2026 6w ago | Insider Cluster | $64.45 $70.40 | ▲ +9.23% | ▲ +10.33% | $84.89 (+31.71%) |
Jul 1, 2026 16w ago | Insider Cluster | $45.77 $48.76 | ▼ −6.53% | ▼ −5.60% | $84.89 (−85.47%) |
US Market Status
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