Peter Solvik, Director of Docusign, Inc. (NASDAQ:DOCU), reported a sale of 46,000 shares of common stock in a Sept. 11, 2026, SEC Form 4 filing.
Transaction summary
Transaction value based on SEC Form 4 weighted average sale price ($65.24); post-transaction value based on Sept. 10, 2026, market close ($65.80).
Key questions
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What was the composition of the indirect entities involved in this disposal?
The 46,000 shares were liquidated from an indirect holding base that, following the transaction, consists of 90,253 shares held by a trust, 49,558 shares in children’s trusts, 6,458 shares held by a spouse, and three shares held by a family partnership. -
How does the execution price compare to recent market levels?
The weighted average execution price of $65.24 was established while the stock was priced at $65.65 as of the Sept. 11, 2026, market close. -
What is the insider’s remaining equity exposure following this sale?
Solvik retains a total beneficial interest of 156,338 shares, which represents approximately 0.0819% of the software company’s $12.4 billion market capitalization. -
How has the equity performed leading up to this transaction?
The shares were priced at a level representing a one-year return of -17% as of the Sept. 10, 2026, transaction date.
Company Overview
Company Snapshot
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Docusign provides a comprehensive digital agreement management platform, with core offerings including electronic signature software, Contract Lifecycle Management (CLM) solutions, and agreement workflow tools that enable businesses to digitally prepare, execute, finalize, and manage various agreements.
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The company generates revenue through a subscription-based software-as-a-service (SaaS) model, leveraging its platform to serve enterprises and mid-market organizations seeking to digitize and automate their agreement processes across multiple business functions.
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Docusign’s primary customer base consists of enterprises and mid-market businesses across diverse industries that require digital agreement management capabilities, with particular strength among organizations prioritizing operational efficiency and digital transformation initiatives.
Docusign operates as a global leader in the digital agreement management software sector, serving over 7,000 employees across its San Francisco headquarters and international operations. The company has established a dominant market position through its integrated platform approach, combining e-signature functionality with advanced contract lifecycle management capabilities. With TTM revenue of $3.4 billion and net income of $329.9 million, Docusign demonstrates substantial scale and profitability within the enterprise software market, though recent market performance reflects sectorwide valuation adjustments.
