Summary by Futu AI
Jeffrey Grayson Blake, the Chief Financial Officer of DocuSign, Inc. (DOCU), engaged in a series of stock transactions. On June 17, 2024, Blake exercised options to acquire 161,988 shares of common stock at no cost, as indicated by the transaction code for derivative security exercises. On the same day, he disposed of 63,743 shares to cover exercise prices or tax liabilities, a common practice in option exercises. The transactions left Blake with a total of 119,596 shares of DocuSign's common stock. The disposal transaction did not involve any monetary exchange, as the shares were used to cover associated costs. These transactions are part of an ongoing series that began with an acquisition of 300 shares at $35.81 each on April 5, 2024.