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DOCUDocusign, Inc. · Insider ownership research

Docusign, Inc. insiders sold $23.1M in the past 12 months. How much of their stake is that?

86% was sold under disclosed trading plans, 14% with no plan disclosed. The largest seller, Allan Thygesen (President and CEO, Director), sold $6.1M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 16, 2026 from SEC filings · covers Oct 17, 2025 to Oct 16, 2026
$3.1M
sold with no plan disclosed, past 12 months
86%
of sales were under disclosed trading plans, past 12 months
10 of 16
officers and directors sold shares, past 12 months
Is this normal? Less than usual: about half of the 5-year average. 10 insiders sold; the average is 6 a year. Year by year
Latest filing: Filed Oct 2 for a sale on Oct 1. Allan Thygesen sold 26K shares ($1.8M) under a disclosed plan. Filing
SEC ownership filings: 102 filed in the 12 months to Oct 16, 2026; 818 on record since Apr 26, 2018 · See the evidence

What stands out

Peter Solvik sold $3.0M of stock with no disclosed trading plan. The filings don't state a reason.Largest such sale, Sep 10, 2026
Selling rose in the last 90 days but the year remains well below the 5-year average: officers and directors sold 166K shares, against an average of 72K per 90 days earlier in the period. Most of it was Blake Grayson (60K shares in the last 90 days) and Peter Solvik (46K shares in the last 90 days); 73% of these sales were under disclosed plans.Blake Grayson: largest recent sale, Sep 4, 2026 · Peter Solvik: largest recent sale, Sep 10, 2026

A share of stake is shown for 0 of the 10 officers and directors who sold. 16 are left out

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Left out: Peter Solvik, Enrique Salem, Allan Thygesen, Blake Grayson, Robert Chatwani, Paula Hansen, Mary Wilderotter, James Shaughnessy, Blake Irving, James Beer, Cain Hayes, Anna Marrs, Teresa Briggs, Michael Rosenbaum, Brian Roberts and Rowan Trollope (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Allan Thygesen
President and CEO, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$6.1MDisclosed plan
Blake Grayson
Chief Financial Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$5.8MDisclosed plan
Robert Chatwani
President General Mgr, Growth
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$3.6MDisclosed plan
Peter Solvik
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$3.0MNo plan disclosed
James Shaughnessy
Chief Legal Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$2.7MDisclosed plan
All 10 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planNo plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNov 2025: $25K under a disclosed planNovDec 2025: $1.9M under a disclosed planDecJan 2026: $3.5M under a disclosed planJanFeb 2026: $16K under a disclosed planFebMar 2026: $857K under a disclosed planMarApr 2026: $2.1M under a disclosed planApr 2026: $144K no plan disclosedAprMay 2026: $18K under a disclosed planMayJun 2026: $747K under a disclosed planJunJul 2026: $2.7M under a disclosed planJulAug 2026: $929K under a disclosed planAugSep 2026: $4.3M under a disclosed planSep 2026: $3.0M no plan disclosed$7.3MSepOct 2026: $2.9M under a disclosed planOct

Recent activity

Past 30 days, Sep 17, 2026 to Oct 16, 2026
Oct 1, 20264 insiders sold 43K shares ($2.9M) under a disclosed trading plan.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Allan Thygesen
President and CEO, Director
26,250$69.29n/an/aOct 1, 2026Oct 2, 2026
James Shaughnessy
Chief Legal Officer
12,000$68.80n/an/aOct 1, 2026Oct 2, 2026
Paula Hansen
Chief Revenue Officer
3,300$68.81n/an/aOct 1, 2026Oct 2, 2026
Mary Wilderotter
Director
1,000$68.80n/an/aOct 1, 2026Oct 2, 2026
Sep 17, 2026Robert Chatwani sold 15K shares ($1.0M) under a disclosed trading plan.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Robert Chatwani
President General Mgr, Growth
14,676$69.41n/an/aSep 17, 2026Sep 21, 2026

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Outside holders, reported separately

Peter Solvik reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Docusign, Inc. CEO selling stock?

Yes. Allan Thygesen sold 105K shares ($6.1M) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are Docusign, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 86% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 14% had no disclosed plan. A trading plan schedules sales in advance.

Are any Docusign, Inc. insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold10 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Allan Thygesen
President and CEO, Director
$6.1M
105K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Blake Grayson
Chief Financial Officer
$5.8M
91K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Robert Chatwani
President General Mgr, Growth
$3.6M
64K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Peter Solvik
Director
$3.0M
46K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
James Shaughnessy
Chief Legal Officer
$2.7M
48K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Paula Hansen
Chief Revenue Officer
$1.2M
21K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Mary Wilderotter
Director
$291K
5.1K shares
Not confirmed
share of stake is being verified. Why
50% under a disclosed plan 50% no plan disclosed
Anna Marrs
Director
$156K
2.7K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
James Beer
Director
$105K
1.8K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Teresa Briggs
Director
$95K
1.6K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan

Board members representing outside shareholders, reported separately: Peter Solvik. Details

The full ownership picture0 of 16 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Peter Solvik
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Peter Solvik are complete.
Director
n/a−46Kn/an/a
Vesting, gifts, unvested awards and holding lines for Peter Solvik

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Peter Solvik are complete; balances and unit counts will be added when the check is finished.

−15Kgifted (net of own trusts)
Enrique Salem
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Enrique Salem are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Enrique Salem

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Enrique Salem are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Allan Thygesen
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Allan Thygesen are complete.
President and CEO, Director
n/a−105Kn/an/a
Vesting, gifts, unvested awards and holding lines for Allan Thygesen

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Allan Thygesen are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−129Kwithheld by the company for taxes
Blake Grayson
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Blake Grayson are complete.
Chief Financial Officer
n/a−91Kn/an/a
Vesting, gifts, unvested awards and holding lines for Blake Grayson

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Blake Grayson are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−64Kwithheld by the company for taxes
Robert Chatwani
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Robert Chatwani are complete.
President General Mgr, Growth
n/a−64Kn/an/a
Vesting, gifts, unvested awards and holding lines for Robert Chatwani

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Robert Chatwani are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−62Kwithheld by the company for taxes
Paula Hansen
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Paula Hansen are complete.
Chief Revenue Officer
n/a−21Kn/an/a
Vesting, gifts, unvested awards and holding lines for Paula Hansen

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Paula Hansen are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−68Kwithheld by the company for taxes
Mary Wilderotter
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Mary Wilderotter are complete.
Director
n/a−5.1Kn/an/a
Vesting, gifts, unvested awards and holding lines for Mary Wilderotter

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Mary Wilderotter are complete; balances and unit counts will be added when the check is finished.

−57Kgifted (net of own trusts)
James Shaughnessy
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for James Shaughnessy are complete.
Chief Legal Officer
n/a−48Kn/an/a
Vesting, gifts, unvested awards and holding lines for James Shaughnessy

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for James Shaughnessy are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−38Kwithheld by the company for taxes
Blake Irving
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Blake Irving are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Blake Irving

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Blake Irving are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
James Beer
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for James Beer are complete.
Director
n/a−1.8Kn/an/a
Vesting, gifts, unvested awards and holding lines for James Beer

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for James Beer are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Cain Hayes
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Cain Hayes are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Cain Hayes

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Cain Hayes are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Anna Marrs
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Anna Marrs are complete.
Director
n/a−2.7Kn/an/a
Vesting, gifts, unvested awards and holding lines for Anna Marrs

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Anna Marrs are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Teresa Briggs
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Teresa Briggs are complete.
Director
n/a−1.6Kn/an/a
Vesting, gifts, unvested awards and holding lines for Teresa Briggs

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Teresa Briggs are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Michael Rosenbaum
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Michael Rosenbaum are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Michael Rosenbaum

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Michael Rosenbaum are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Brian Roberts
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Brian Roberts are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Brian Roberts

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Brian Roberts are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Rowan Trollope
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Rowan Trollope are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Rowan Trollope

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Rowan Trollope are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Docusign, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$23.1M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $23.1M across 386,343 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($3.1M), including tax-related sales outside a plan.

No plan disclosed · $3.1M

Sales with no 10b5-1 plan and no tax reference in the filing. $3.0M of it is Peter Solvik. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Peter Solvik, Sep 10, 2026

Taxes

360,558 shares ($0) were withheld by the company for taxes, which isn't a market sale.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Allan Thygesen
President and CEO, Director
105K$6.1M100%26%Jan 9, 2026 to Oct 1, 2026
Blake Grayson
Chief Financial Officer
91K$5.8M100%25%Dec 17, 2025 to Sep 8, 2026
Robert Chatwani
President General Mgr, Growth
64K$3.6M100%16%Dec 11, 2025 to Sep 17, 2026
Peter Solvik
Director
46K$3.0M0%13%Sep 10, 2026 to Sep 10, 2026
James Shaughnessy
Chief Legal Officer
48K$2.7M100%12%Jan 2, 2026 to Oct 1, 2026
Paula Hansen
Chief Revenue Officer
21K$1.2M100%5%Jan 2, 2026 to Oct 1, 2026
Mary Wilderotter
Director
5.1K$291K50%1%Apr 1, 2026 to Oct 1, 2026
Anna Marrs
Director
2.7K$156K100%0.7%Dec 2, 2025 to Sep 14, 2026
James Beer
Director
1.8K$105K100%0.5%Dec 2, 2025 to Aug 28, 2026
Teresa Briggs
Director
1.6K$95K100%0.4%Nov 28, 2025 to Sep 10, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$25K$25K$0$0
Dec 2025$1.9M$1.9M$0$0
Jan 2026$3.5M$3.5M$0$0
Feb 2026$16K$16K$0$0
Mar 2026$857K$857K$0$0
Apr 2026$2.2M$2.1M$0$144K
May 2026$18K$18K$0$0
Jun 2026$747K$747K$0$0
Jul 2026$2.7M$2.7M$0$0
Aug 2026$929K$929K$0$0
Sep 2026$7.3M$4.3M$0$3.0M
Oct 2026$2.9M$2.9M$0$0
Board members representing outside shareholders (1)Listed and sourced; not part of the management totals or the answer line

Directors whose reported holdings sit mostly in an investment fund or a corporate shareholder they represent, not in their own name, with beneficial ownership disclaimed except for their own financial interest. Listed and sourced here; not part of the management totals or the answer line. Shares a fund hands to its own investors are distributions, not sales.

Board memberHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Peter Solvik
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Peter Solvik are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Peter Solvik

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Peter Solvik are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Is this normal? Selling year by year5 earlier years to compare with

Less than usual: about half of the 5-year average. 10 insiders sold; the average is 6 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 16, 2026
Latest 12 months
386K10$23.1M
Oct 16, 2025
1 year earlier
999K11$90.5M
Oct 16, 2024
2 years earlier
1.12M8$60.6M
Oct 17, 2023
3 years earlier
1.43M4$67.7M
Oct 17, 2022
4 years earlier
135K4$21.0M
Oct 17, 2021
5 years earlier
675K5$164M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty16 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Docusign, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology818 filings on record, 102 filed in the 12-month period, and how we read them

All 818 Forms 3, 4 and 5 on record for Docusign, Inc. (SEC CIK 1261333), filed from Apr 26, 2018 to Oct 2, 2026; 102 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 16, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (27)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Daniel SpringerMar 18, 20251,051,104 shares, last reported balance as of Mar 15, 2025
DOCUSIGN, INC.Sep 6, 2024No balance on record
Stephen ShuteJul 9, 2024No balance on record
Inhi SuhDec 19, 202392,671 shares, last reported balance as of Dec 15, 2023
Cynthia GaylorJun 20, 202385,491 shares, last reported balance as of Jun 15, 2023
Scott OlrichJun 16, 2022273,670 shares, last reported balance as of Jun 15, 2022
Tram PhiApr 11, 202223,755 shares, last reported balance as of Apr 5, 2022
Loren AlhadeffJan 13, 2022179,815 shares, last reported balance as of Jan 12, 2022
Michael SheridanJan 29, 2021634,106 shares, last reported balance as of Jun 15, 2020
Sudhir SinghNov 30, 20208,925 shares, last reported balance as of Nov 29, 2020
Kirsten WolbergSep 11, 2020113,577 shares, last reported balance as of Jul 9, 2020
John HinshawDec 30, 201971,053 shares, last reported balance as of Dec 26, 2019
Louis Lavigne Jr.Jun 19, 2019135,445 shares, last reported balance as of Jun 17, 2019
Reginald DavisMar 19, 201986,781 shares, last reported balance as of Mar 15, 2019
William HudspithFeb 4, 2019312,642 shares, last reported balance as of Jan 31, 2019
Mary MeekerJan 14, 2019165,819 shares, last reported balance as of Jan 10, 2019
Mary MeekerJan 14, 201936,369 shares, last reported balance as of Jan 10, 2019
Keith KrachJan 3, 20197,995,125 shares, last reported balance as of Dec 28, 2018
Thomas Gonser Jr.Dec 17, 20181,494,853 shares, last reported balance as of Nov 15, 2018
Sigma Management 7, L.L.C.Sep 18, 201815,121,036 shares, last reported balance as of Sep 18, 2018
Rory O'DriscollMay 2, 20184,359,253 shares, last reported balance as of May 1, 2018
Scott DarlingMay 1, 2018No balance on record
Jonathan RobertsMay 1, 201863,750,694 shares, last reported balance as of May 1, 2018
IGNITION GP II, LLCMay 1, 201863,857,122 shares, last reported balance as of May 1, 2018
Jackson Square Ventures, LLCMay 1, 201816,425,384 shares, last reported balance as of May 1, 2018
Scott DarlingMay 1, 20189,203,071 shares, last reported balance as of May 1, 2018
Jonathan RobertsMay 1, 2018106,428 shares, last reported balance as of Apr 26, 2018

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.