DocuSign CFO Blake Grayson Sells 15,000 Shares for $900,000
Key Points
The CFO sold 15,000 shares at $60 per share, representing a total transaction value of $900,000 on August 7, 2026.
The disposition reduced the CFO's direct equity position in the company by 11%.
All shares were held directly; the transaction was executed under a Rule 10b5-1 trading plan.
Blake Jeffrey Grayson retains direct ownership of 126,429 shares, maintaining a 0.0662% stake in the company.
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Blake Jeffrey Grayson, Chief Financial Officer of Docusign, Inc. (NASDAQ:DOCU), sold 15,000 shares of common stock on Aug. 7, 2026, for $900,000, according to a recent SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Shares sold (directly held) | 15,000 |
| Transaction value | $900,000 |
| Post-transaction shares (directly held) | 126,429 |
| Post-transaction value | $7.62 million |
Transaction value based on SEC Form 4 weighted average sale price ($60.00); post-transaction value based on Aug. 7, 2026 market close ($60.26).
Key questions
- What were the specific terms of the disposition?
Blake Jeffrey Grayson sold 15,000 shares at $60.00 per share on Aug. 7, 2026, under a pre-established Rule 10b5-1 trading plan, which allows insiders to schedule stock sales in advance to avoid conflicts regarding non-public information. - How does this transaction impact the CFO's direct equity holdings?
Following this sale, Grayson retains direct ownership of 126,429 shares — a stake worth approximately $7.4 million at the current share price of $58.36. - What is the company's current financial profile?
Docusign, which provides digital agreement management and e-signature software, reported trailing twelve-month (TTM) revenue of nearly $3.3 billion and net income of $315 million. As of the Aug. 10, 2026 market close, the company had a market capitalization of $11.5 billion. - How has the stock performed leading up to this transaction?
As of the transaction date on Aug. 7, 2026, the company had delivered a -14.5% one-year total return. Shares were priced at $59.64 as of the Aug. 10, 2026, market close.
Company Overview
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-08-10) | $59.64 |
| Market Capitalization | $11.4 billion |
| Revenue (TTM) | $3.3 billion |
| Net Income (TTM) | $315.2 million |
Company Snapshot
- Docusign provides a comprehensive digital agreement platform that enables businesses to electronically prepare, execute, finalize, and manage agreements, with core revenue generated from e-signature solutions and complementary offerings, including Contract Lifecycle Management (CLM) and digital agreement management tools.
- The company operates a software-as-a-service (SaaS) business model, generating recurring subscription revenue from enterprise and mid-market customers who utilize the platform for agreement workflows, contract management, and digital transaction processes.
- Docusign serves a diverse customer base spanning financial services, healthcare, technology, manufacturing, and professional services sectors, targeting organizations of varying sizes that require scalable digital agreement and contract management capabilities.
Docusign is a global leader in digital agreement management software with a market capitalization of $11.5 billion and TTM revenue of $3.3 billion. The company leverages its established e-signature platform and integrated CLM suite to address the growing enterprise demand for digitized agreement workflows and contract lifecycle optimization.
Docusign's competitive positioning is anchored by its comprehensive platform breadth, extensive integration ecosystem, and established customer relationships across multiple verticals.
What this transaction means for investors
This sale shouldn’t concern investors. The sale represented a small percentage of the executive’s stake in the company’s stock. That stake is still fairly substantial, valued at over $7 million.
Moreover, the sale was executed under a Rule 10b5-1 plan, which is designed to allow insiders to execute transactions without appearing to act on material non-public information.
Docusign continues to perform consistently. TTM revenue grew 8.4% year over year to nearly $3.3 billion — a growth rate in line with the last few years. The company’s TTM operating profit also grew 47% to $350 million. This indicates it is offering its services at a healthy profit margin, underscoring a solid competitive position.
Investors could view the stock’s decline over the last year as a buying opportunity. The forward price-to-earnings multiple makes the stock look like a solid value, trading at just 12x this year’s consensus estimate.
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John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Docusign. The Motley Fool has a disclosure policy.
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