This cluster is too small to be actionable. Monitor for a larger sell cluster (>0.5% of market cap) or a CFO/CEO open-market buy before considering a directional trade. The next earnings report (2.02 filing) will be the next meaningful catalyst.
Price Chart
Executive Summary
Four DocuSign insiders, including CFO Blake Grayson and three directors, sold a total of ~$1.87M in open-market sales over a 7-day window. The CFO's $754K sale is the most notable, as C-suite sales carry more weight. However, the total dollar value represents only ~0.014% of the $13.4B market cap, which is trivial and routine. Historical calibration data shows the model has been over-scoring DOCU (avg T+20 call P&L of -5.59%, 40% win rate), and the proportionality check confirms this cluster is too small to be material. The cluster is a routine sell pattern with no bearish signal.
Key Financial Metrics
Key Facts
- CFO Blake Grayson sold 11,600 shares for ~$754K on 2026-09-08
- Director Peter Solvik sold 46,000 shares total for ~$3.0M on 2026-09-10
- Total cluster value of ~$1.87M is only ~0.014% of DOCU's $13.4B market cap
- All transactions were open-market sales (code S); no buys in the cluster
- Historical model performance on DOCU is poor (avg T+20 -5.59%, 40% win rate), biasing score downward
Financial Impact
Total insider sales of ~$1.87M, representing ~0.014% of market cap — immaterial
Risk Factors
- Insider sales could accelerate if the stock rallies, but current volume is routine
- Historical model underperformance on DOCU suggests any directional call has negative expected value
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-1789539287702 |
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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