DOCS insider filing: 6,360 restricted shares to trade on NYSE Sept 2
Rhea-AI Filing Summary
Doximity, Inc. (DOCS) filing a Form 144 reports a proposed sale of 6,360 restricted common shares with an aggregate market value of $421,655.28, scheduled approximately for 09/02/2025 on the NYSE. The filing shows the shares were acquired as restricted stock on 08/28/2025 and lists total outstanding common shares of 187,299,459. The filer also disclosed sales during the past three months by Timothy Cabral: 20,000 shares sold on 08/15/2025 for $1,275,566.00 and 10,000 shares sold on 06/25/2025 for $600,000.00. Other customary Form 144 statements and signature cautions are included.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small proposed sale relative to shares outstanding; recent insider sales are disclosed but not evidently material to company fundamentals.
The Form 144 notifies the market of a proposed sale of 6,360 restricted shares valued at $421,655.28, to occur on 09/02/2025 on the NYSE. Relative to the reported 187.3 million shares outstanding, the proposed sale represents a very small fraction of capitalization (approximately 0.0034%). The filing also documents prior insider sales totaling 30,000 shares and $1,875,566 in gross proceeds over the past three months. From a market-impact perspective, these quantities are modest and do not, by themselves, signal a material change to the company’s capital structure or liquidity profile.
TL;DR: Filing meets disclosure requirements; documents restricted-stock sale and recent insider dispositions without additional context.
The Form 144 provides required transparency around insider selling and the disposition of restricted stock. It records acquisition of the reported shares as restricted stock on 08/28/2025 and the intended sale date of 09/02/2025. The filing includes the statutory signature representation regarding material nonpublic information. No plan adoption date or 10b5-1 instruction is shown in the supplied content. The document is procedural and consistent with routine insider reporting obligations.
FAQ
What does Doximity's (DOCS) Form 144 disclose?
How many shares has the insider sold recently according to the filing?
What percentage of outstanding shares does the proposed sale represent?
Were the shares to be sold acquired recently?
Does the filing state whether a Rule 10b5-1 trading plan was used?