Monitor next quarterly earnings (2.02) for any guidance revision or operational weakness that might have motivated these sales. The dollar amount is too small to signal material insider concern; treat as routine portfolio rebalancing.
Price Chart
Executive Summary
Three Docusign insiders, including the CFO and two directors, sold a total of $2.75M in open-market sales over a 7-day window. The CFO's sales of ~$1.0M and director Solvik's sales of ~$3.0M are notable in absolute terms but represent a trivial 0.02% of the $12.3B market cap, making this a routine liquidity-driven cluster with no material directional signal. Historical calibration shows prior bullish/bearish calls on DOCU have underperformed (40% win rate, -5.59% avg T+20), reinforcing a neutral stance here.
Key Financial Metrics
Key Facts
- CFO Blake Grayson sold ~$1.0M in open-market sales on 2026-09-08
- Director Peter Solvik sold ~$3.0M in open-market sales on 2026-09-10
- Director Teresa Briggs sold $35K on 2026-09-10
- Total cluster value of $2.75M represents ~0.02% of DOCU's $12.3B market cap
- Director Brian Roberts exercised 856 derivative shares at $0 (non-cash, no economic signal)
- All sales are open-market (code S); no 10b5-1 plan noted but pattern is consistent with routine diversification
Financial Impact
Total insider sales of $2.75M, representing 0.02% of market cap — immaterial
Risk Factors
- Insider sales could accelerate if CFO or directors continue selling at higher volumes
- No 10b5-1 plan disclosed — future sales may be unpredictable
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-1789168926652 |
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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