Form 4: Docusign Executive Robert Chatwani Sells Shares Under 10b5-1 Plan

Robert Chatwani, President and General Manager, Growth at Docusign, sold a portion of his common stock holdings on March 19, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 19, 2025, Robert Chatwani, President and General Manager, Growth at Docusign, executed sales of Docusign common stock.
• These transactions were conducted under a pre-arranged Rule 10b5-1 trading plan.
• A total of 15,706 shares were sold in multiple transactions at prices ranging from $82.41 to $84.70.
• Following these sales, Chatwani directly owns 76,842 shares of Docusign common stock.
• The sales were executed at different price ranges: $82.41 to $83.38 for 11,702 shares, $83.41 to $84.25 for 3,130 shares, and $84.50 to $84.70 for 874 shares.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock sales by an executive. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The document does not contain any forward-looking statements.

Industry Context

This is a routine disclosure of insider trading activity. Executives often use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information. The impact on the stock price is usually minimal unless the sales are unusually large or frequent.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates

Keywords

Docusign, Robert Chatwani, stock sale, Form 4, Rule 10b5-1 plan, DOCU, insider trading