Springer Daniel D.

Director Springer Daniel D. sold 581,588 shares at DOCU for $56,440,142.32 on 2024-12-10, reducing stake by 39.1%.

Springer sold 581.6K shares (581,588 shares) across 6 separate transactions on 2024-12-10, from $95.70 to $100.06 per share, generating $56,440,142.32 in proceeds and reducing his holdings from 1,488,018 shares to 906,430 shares post-transaction. The sale occurred near the 52-week high of $106.99, with the blended average price of $97.04 reflecting strong execution during an elevated price environment; the stock has since declined to $94.75 (-11.4% from the high). His prior five sales at DOCU (August 2024) each posted positive 90-day returns ranging from +26.6% to +43.2%, indicating that past sales preceded further appreciation rather than subsequent declines; this current sale's 90-day outcome will be worth monitoring against that pattern.

Director Springer sells 429,018 shares across 4 transactions (Aug 2-5) for $22.0M; stake reduced 32.5% to 891,373 shares remaining.

Springer Daniel D. executed 4 separate sales totaling 429,018 shares for $21,995,880.61 at a blended average price of $51.27, reducing his holdings by 32.5% from 1.32M to 891.4K shares. The transaction occurred while DOCU traded near the lower end of its 52-week range ($50.58 current price, down 20.4% from the $63.55 high and down 7.1% over the prior 30 days), and coincided with elevated selling activity at this ticker (3 prior sales on 2024-08-01). His cross-ticker track record shows a 0.00% well-timed rate on 8 prior sells with a 30-day average return of -2.7%, while at DOCU specifically, his 2 measurable prior sales (Oct 2023) were not well-timed (both followed by positive 90-day returns of +30.9% and +28.8%). The company carries a high P/E of 97.27 against modest net income of $33.8M on $709.6M quarterly revenue, with 9.8% annual growth.

Director Springer Daniel D. sells 287,052 shares at $53.78 blended avg for $15.4M; retains 923.4K shares

Springer Daniel D. executed 3 separate sales totaling 287,052 shares for $15,438,528.36 on 2024-08-01, reducing his post-transaction holdings to 923,445 shares (-23.7% vs pre-transaction). The blended average sale price of $53.78 sits between the current price of $51.73 and the 52-week high of $63.55, placing the transaction 18.6% below peak valuations. His prior 3 measurable sells at DOCU (2023-10-09 and 2023-10-10) all resulted in subsequent positive 90-day returns (+28.8%, +29.8%, +30.9%), indicating those sales were not well-timed by the metric of the stock rising afterward; this pattern offers no evidence of reliable timing acumen at this ticker. The stock is down 4.4% in the last 30 days and 13.5% in the last 90 days, creating a backdrop of recent weakness into which the current sale occurs.