Docusign Director Peter Solvik Sells 46,000 Shares for $3.0 Million
Key PointsThe disposal involved 46,000 shares executed at a weighted average price of $65.24 for a total value of $3.0 million on September 10, 2026.
Docusign Director Peter Solvik reported selling 46,000 shares of the company's common stock on Sept. 11, 2026, according to a SEC Form 4 filing. The transaction valued at $3.0 million, based on an average weighted sale price of $65.24 per share. At the market's close on Sept. 10, 2026, the stock's value stood at $65.80, slightly higher than the transaction's weighted average price.
Docusign, headquartered in San Francisco, is a leading player in the digital agreement management software industry, serving more than 7,000 employees worldwide. The company's integrated platform, which combines e-signature capabilities with advanced contract lifecycle management, has cemented its dominant market position. In the trailing twelve months (TTM), Docusign generated $3.4 billion in revenue and reported a net income of $329.9 million, showcasing its substantial scale and profitability in the enterprise software market.
However, recent market performance indicates that the company's valuation is aligning with broader sector trends.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.