Doximity Insider Trading: Executive Offloads 10,000 Shares After Recent Rally
Rhea-AI Filing Summary
Form 144 Notice of Proposed Sale filed for Doximity (NYSE: DOCS) indicates an insider sale transaction. Timothy Cabral plans to sell 10,000 shares of common stock with an aggregate market value of $600,000, to be executed through Morgan Stanley Smith Barney LLC.
Key transaction details:
- Securities were acquired through stock option exercise on June 25, 2025
- Sale represents a small fraction of total outstanding shares (187,826,153)
- Planned execution date: June 25, 2025
- Previous sale by the same insider: 10,000 shares sold on May 23, 2025 for $505,796
This Form 144 filing represents a declaration of intent to sell securities and confirms the seller has no knowledge of undisclosed material adverse information regarding Doximity's operations.
Positive
- None.
Negative
- Board member Timothy Cabral plans to sell 10,000 shares worth $600,000, following a recent sale of 10,000 shares in May 2025 for $505,796, indicating continued insider selling pressure
FAQ
How many DOCS shares are being sold by insiders according to the June 2025 Form 144?
Who is selling DOCS shares in the June 2025 Form 144 filing and what is their recent trading history?
What is the total market value of DOCS shares being sold in this Form 144?
How did the DOCS insider acquire the shares being sold?
What is the total number of DOCS shares outstanding according to the June 2025 Form 144?