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
AI-generated analysis. How Rhea-AI works. Not financial advice.