Doximity (DOCS) Form 144: Proposed 5,000-Share Sale via Morgan Stanley
Rhea-AI Filing Summary
Form 144 filed for proposed sale of common stock. The notice reports a proposed sale of 5,000 shares through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $315,000 and states total shares outstanding of 187,299,459. The securities are shown as acquired on 08/08/2025 by a stock option exercise from the issuer and paid in cash.
The filing also discloses prior sales by the same account in the past three months: 5,000 shares sold on 07/11/2025 for $300,200 and 10,000 shares sold on 06/25/2025 for $600,000. The signer attests they have no undisclosed material information as of the notice.
Positive
- Rule 144 notice filed showing compliance with required insider sale disclosure
- Brokered sale through Morgan Stanley Smith Barney on the NYSE is specified
- Acquisition method disclosed as a stock option exercise with cash payment
Negative
- Recent insider selling: 15,000 shares sold in the past three months for total gross proceeds of $900,200
- Filer identification fields are incomplete in the provided content (CIK/contact information not shown)
Insights
TL;DR: Routine insider sale notice for 5,000 shares acquired by option exercise; prior month sales total 15,000 shares.
The Form 144 documents a proposed sale of 5,000 common shares via Morgan Stanley Smith Barney on the NYSE, valued at $315,000. The shares were acquired by a stock option exercise and paid in cash on the stated acquisition date. The filing also records two recent dispositions totaling 15,000 shares for combined gross proceeds of $900,200. Based solely on the data in the filing, this is a compliance disclosure of insider selling rather than a corporate operational update.
TL;DR: Filing shows compliance with Rule 144 and an attestation regarding material nonpublic information.
The notice includes the required attestation that the filer does not possess undisclosed material adverse information. It records acquisition by option exercise and indicates sale execution through a registered broker. The form as provided omits specific filer contact/CIK details in the content tables, though transaction details are present. From a governance perspective, the document is a standard disclosure of insider selling activity.