DocuSign CFO Sells Shares Worth $3.1 Million, Reducing Holdings by 36%
CFO Blake Grayson of DocuSign (NASDAQ:DOCU) sold a total of 45,000 shares between September 4 and August 8, 2026 for approximately $3.1 million at an average price of $68.52 per share. This transaction reduced his direct holdings by 36%, leaving him with 81,429 shares valued around $5.3 million as of the market close on September 8, 2026 ($65.08). The first part of the sale was conducted under a Rule 10b5-1 trading plan and involved 30,000 shares; the second portion—15,000 additional shares—was executed as a discretionary trade. The stock has declined by about 20% over the past year amid concerns that DocuSign may be losing business due to competition from AI-driven solutions. Despite this, the company reported $875.7 million in revenue for its fiscal second quarter ended July 31, reflecting a modest but positive 9% increase compared to last year.
Tickers: $DOCU
Topics: CFO sale DocuSign SEC Form 4 filing