Warburg Pincus files 13G/A for Docebo (DCBO) ahead of Feb 27 sale

Rhea-AI Filing Summary

Docebo Inc. Schedule 13G/A amendment: affiliated Warburg Pincus entities state they will sell all previously reported Common Shares, with that sale expected to close on 02/27/2026. The Reporting Persons say the November 27, 2025 Agreement of Purchase and Sale ceased to be subject to material closing conditions on 02/09/2026, and this Statement is a voluntary filing.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

Docebo Inc.

(Name of Issuer)

Common Shares, no par value

(Title of Class of Securities)

25609L105

(CUSIP Number)

02/09/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 25609L105

1

Names of Reporting Persons

WPGG 14 Investment Ltd. IV

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 25609L105

1

Names of Reporting Persons

Warburg Pincus (Callisto) Global Growth 14 (Cayman), L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 25609L105

1

Names of Reporting Persons

Warburg Pincus (Europa) Global Growth 14 (Cayman), L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 25609L105

1

Names of Reporting Persons

Warburg Pincus Global Growth 14-B (Cayman), L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 25609L105

1

Names of Reporting Persons

Warburg Pincus Global Growth 14-E (Cayman), L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 25609L105

1

Names of Reporting Persons

Warburg Pincus Global Growth 14 Partners (Cayman), L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 25609L105

1

Names of Reporting Persons

WP Global Growth 14 Partners (Cayman), L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 25609L105

1

Names of Reporting Persons

Warburg Pincus (Cayman) Global Growth 14 GP, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 25609L105

1

Names of Reporting Persons

Warburg Pincus (Cayman) Global Growth 14 GP LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 25609L105

1

Names of Reporting Persons

Warburg Pincus Partners II (Cayman), L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 25609L105

1

Names of Reporting Persons

Warburg Pincus (Bermuda) Private Equity GP Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

BERMUDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Docebo Inc.
(b)	Address of issuer's principal executive offices: 366 Adelaide St. West, Suite 701, Toronto, Ontario, Canada M5V 1R7
Item 2.
(a)	Name of person filing: This statement is being jointly filed by each of the persons below pursuant to Rule 13d-1(k) promulgated by the SEC pursuant to Section 13 of the Act, all of whom together are referred to herein as the "Reporting Persons": (i) WPGG 14 Investment Ltd. IV (ii) Warburg Pincus (Callisto) Global Growth 14 (Cayman), L.P. (iii) Warburg Pincus (Europa) Global Growth 14 (Cayman), L.P. (iv) Warburg Pincus Global Growth 14-B (Cayman), L.P. (v) Warburg Pincus Global Growth 14-E (Cayman), L.P. (vi) Warburg Pincus Global Growth 14 Partners (Cayman), L.P. (vii) WP Global Growth 14 Partners (Cayman), L.P. (viii) Warburg Pincus (Cayman) Global Growth 14 GP, L.P. (ix) Warburg Pincus (Cayman) Global Growth 14 GP LLC (x) Warburg Pincus Partners II (Cayman), L.P. (xi) Warburg Pincus (Bermuda) Private Equity GP Ltd.
(b)	Address or principal business office or, if none, residence: C/O Warburg Pincus LLC 450 Lexington Ave New York, NY, 10017
(c)	Citizenship: See responses to Item 4 on each cover page.
(d)	Title of class of securities: Common Shares, no par value
(e)	CUSIP No.: 25609L105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See responses to Item 9 on each cover page. The reported amounts and percentages give effect to the sale of all previously reported Common Shares, which sale is expected to close on February 27, 2026, pursuant to the November 27, 2025 Agreement of Purchase and Sale between Intercap Equity Inc. and WPGG 14 Investment Ltd. IV, which ceased to be subject to material closing conditions on February 9, 2026. Accordingly, this Statement is a voluntary filing.
(b)	Percent of class: See responses to Item 11 on each cover page.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See responses to Item 5 on each cover page.
	(ii) Shared power to vote or to direct the vote: See responses to Item 6 on each cover page.
	(iii) Sole power to dispose or to direct the disposition of: See responses to Item 7 on each cover page.
	(iv) Shared power to dispose or to direct the disposition of: See responses to Item 8 on each cover page.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

WPGG 14 Investment Ltd. IV

Signature:	/s/ David Sreter
Name/Title:	David Sreter / Director
Date:	02/17/2026

Warburg Pincus (Callisto) Global Growth 14 (Cayman), L.P.

Signature:	/s/ David Sreter
Name/Title:	David Sreter / Authorised Signatory
Date:	02/17/2026

Warburg Pincus (Europa) Global Growth 14 (Cayman), L.P.

Signature:	/s/ David Sreter
Name/Title:	David Sreter / Authorised Signatory
Date:	02/17/2026

Warburg Pincus Global Growth 14-B (Cayman), L.P.

Signature:	/s/ David Sreter
Name/Title:	David Sreter / Authorised Signatory
Date:	02/17/2026

Warburg Pincus Global Growth 14-E (Cayman), L.P.

Signature:	/s/ David Sreter
Name/Title:	David Sreter / Authorised Signatory
Date:	02/17/2026

Warburg Pincus Global Growth 14 Partners (Cayman), L.P.

Signature:	/s/ David Sreter
Name/Title:	David Sreter / Authorised Signatory
Date:	02/17/2026

WP Global Growth 14 Partners (Cayman), L.P.

Signature:	/s/ David Sreter
Name/Title:	David Sreter / Authorised Signatory
Date:	02/17/2026

Warburg Pincus (Cayman) Global Growth 14 GP, L.P.

Signature:	/s/ David Sreter
Name/Title:	David Sreter / Authorised Signatory
Date:	02/17/2026

Warburg Pincus (Cayman) Global Growth 14 GP LLC

Signature:	/s/ David Sreter
Name/Title:	David Sreter / Authorised Signatory
Date:	02/17/2026

Warburg Pincus Partners II (Cayman), L.P.

Signature:	/s/ David Sreter
Name/Title:	David Sreter / Authorised Signatory
Date:	02/17/2026

Warburg Pincus (Bermuda) Private Equity GP Ltd.

Signature:	/s/ David Sreter
Name/Title:	David Sreter / Authorised Signatory
Date:	02/17/2026

Comments accompanying signature: Warburg Pincus (Callisto) Global Growth 14 (Cayman), L.P. By: Warburg Pincus (Cayman) Global Growth 14 GP, L.P., its general partner By: Warburg Pincus (Cayman) Global Growth 14 GP LLC, its general partner By: Warburg Pincus Partners II (Cayman), L.P., its managing member By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner Warburg Pincus (Europa) Global Growth 14 (Cayman), L.P. By: Warburg Pincus (Cayman) Global Growth 14 GP, L.P., its general partner By: Warburg Pincus (Cayman) Global Growth 14 GP LLC, its general partner By: Warburg Pincus Partners II (Cayman), L.P., its managing member By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner Warburg Pincus Global Growth 14-B (Cayman), L.P. By: Warburg Pincus (Cayman) Global Growth 14 GP, L.P., its general partner By: Warburg Pincus (Cayman) Global Growth 14 GP LLC, its general partner By: Warburg Pincus Partners II (Cayman), L.P., its managing member By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner Warburg Pincus Global Growth 14-E (Cayman), L.P. By: Warburg Pincus (Cayman) Global Growth 14 GP, L.P., its general partner By: Warburg Pincus (Cayman) Global Growth 14 GP LLC, its general partner By: Warburg Pincus Partners II (Cayman), L.P., its managing member By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner Warburg Pincus Global Growth 14 Partners (Cayman), L.P. By: Warburg Pincus (Cayman) Global Growth 14 GP, L.P., its general partner By: Warburg Pincus (Cayman) Global Growth 14 GP LLC, its general partner By: Warburg Pincus Partners II (Cayman), L.P., its managing member By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner WP Global Growth 14 Partners (Cayman), L.P. By: Warburg Pincus (Cayman) Global Growth 14 GP, L.P., its general partner By: Warburg Pincus (Cayman) Global Growth 14 GP LLC, its general partner By: Warburg Pincus Partners II (Cayman), L.P., its managing member By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner Warburg Pincus (Cayman) Global Growth 14 GP, L.P. By: Warburg Pincus (Cayman) Global Growth 14 GP LLC, its general partner By: Warburg Pincus Partners II (Cayman), L.P., its managing member By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner Warburg Pincus (Cayman) Global Growth 14 GP LLC By: Warburg Pincus Partners II (Cayman), L.P., its managing member By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner Warburg Pincus Partners II (Cayman), L.P. By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner

Exhibit Information

Exhibit A Joint Filing Agreement, dated as of May 15, 2023, incorporated by reference to the Schedule 13G filed by the Reporting Person on May 15, 2023.

FAQ

What does Docebo's (DCBO) Schedule 13G/A amendment say?

The amendment states affiliated Warburg Pincus entities will sell all previously reported Common Shares. It notes the sale is expected to close on 02/27/2026 and the purchase agreement ceased to be subject to material closing conditions on 02/09/2026.

Who filed the Schedule 13G/A amendment for DCBO?

The filing was jointly made by multiple Warburg Pincus affiliates, including WPGG 14 Investment Ltd. IV and several Cayman/Bermuda partnership entities, with principal business office at Warburg Pincus LLC, 450 Lexington Ave, New York.

Does the Schedule 13G/A show current ownership percentages for DCBO?

The cover pages report percentages reflecting that the Warburg Pincus groups now own 5% or less of the class. Specific percent figures are given on each cover page and are referenced in Item 4 of the amendment.

When did the Reporting Persons file their signatures for the DCBO amendment?

The amendment is signed by David Sreter as Director/Authorised Signatory, dated 02/17/2026, and includes comments detailing the chain of entities authorizing the joint filing on behalf of the Warburg Pincus affiliates.