DocuSign CEO Allan C. Thygesen sells $1.8 million in stock

Allan C. Thygesen, CEO of DocuSign, sold 26,250 shares of the company's stock on October 1, 2026, for a total of $1,818,929. The transactions occurred under a Rule 10b5-1 trading plan and were executed in three blocks. In the first block, 7,475 shares were sold at prices between $67.89 and $68.87. The second block saw the sale of 13,598 shares at prices ranging from $68.89 to $69.88.

Finally, 5,177 shares were sold at prices between $69.89 and $70.16. After these transactions, Mr. Thygesen retains 166,801 shares of DocuSign common stock. Despite this insider sale, DocuSign's stock has risen about 43% over the past six months, currently trading at $69.01 with a market cap of $13 billion. Analysts at InvestingPro suggest the stock may still be undervalued, presenting potential upside for investors.

DocuSign continues to show strong financials, with an impressive gross profit margin of nearly 80% and revenue growth of 8.6%. For more in-depth analysis of DocuSign's valuation, readers can explore InvestingPro's most undervalued stocks.