Doximity stockholders back board, pay at 2026 meeting
Doximity stockholders elected two directors, ratified Deloitte & Touche LLP, and approved executive pay at the 2026 annual meeting with over 96% of eligible votes represented.
Rhea-AI Filing Summary
Doximity, Inc. (DOCS) reported the results of its 2026 Annual Meeting of Stockholders held on August 27, 2026. Common stockholders representing 614,551,986 votes, or 96.34% of votes entitled to be cast, were present in person or by proxy, constituting a quorum. Stockholders elected Class II directors Kevin Spain and Timothy Cabral to serve until the 2029 annual meeting, with Spain receiving 534,599,583 votes for and Cabral 587,108,878 votes for. Stockholders also ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending March 31, 2027, with 610,837,373 votes for. In a non-binding advisory vote, stockholders approved executive compensation for the fiscal year ended March 31, 2026, with 555,836,605 votes for and 33,841,608 against.
Positive
- None.
Negative
- None.
Filing Explained
The completed August 27 annual meeting used two voting classes: Class A carried one vote per share and Class B carried ten, with both classes voting together, so the reported outcomes were measured by voting power rather than share count.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes represented at meeting: 614,551,986 votes
Participation rate: 96.34%
Director election – Kevin Spain votes for: 534,599,583 votes
+3 more
6 metrics
Votes represented at meeting
614,551,986 votes
Votes present in person or by proxy, representing 96.34% of votes entitled to be cast at the 2026 Annual Meeting
Participation rate
96.34%
Percentage of votes entitled to be cast that were present or represented at the 2026 Annual Meeting
Director election – Kevin Spain votes for
534,599,583 votes
Votes for Kevin Spain as Class II director, plus 55,155,155 withheld and 24,797,248 broker non-votes
Director election – Timothy Cabral votes for
587,108,878 votes
Votes for Timothy Cabral as Class II director, plus 2,645,860 withheld and 24,797,248 broker non-votes
Auditor ratification votes for
610,837,373 votes
Votes for ratifying Deloitte & Touche LLP, with 3,635,202 against and 79,411 abstentions
Say-on-pay votes for
555,836,605 votes
Non-binding advisory vote on executive compensation, with 33,841,608 against, 76,525 abstentions, and 24,797,248 broker non-votes
Key Terms
broker non-votes, non-binding advisory vote, Record Date, quorum, +1 more
5 terms
broker non-votes financial
"The results of such vote were FOR, AGAINST, ABSTAIN, BROKER NON-VOTES"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
non-binding advisory vote financial
"The stockholders approved, on a non-binding advisory vote, the compensation"
A non-binding advisory vote is a shareholder vote that expresses investors’ opinion on a proposal (such as executive pay, corporate policy, or governance practices) but does not legally force the company to act. Think of it like a customer survey: it signals whether owners approve or disapprove and can pressure boards and managers to change course, so investors watch the result as an indicator of governance risk and potential future shifts in company strategy or leadership.
Record Date financial
"shares held as of the close of business on July 2, 2026 (the “Record Date”)"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
quorum financial
"representing 96.34% of the votes entitled to be cast, and constituting a quorum"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
independent registered public accounting firm financial
"ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
FAQ
What matters did Doximity (DOCS) stockholders vote on at the 2026 annual meeting?
Stockholders voted on three proposals: election of two Class II directors, ratification of Deloitte & Touche LLP as independent auditor for the year ending March 31, 2027, and a non-binding advisory vote on executive compensation for the fiscal year ended March 31, 2026.
Were the director nominees elected at Doximity’s 2026 annual meeting?
Yes. Class II directors Kevin Spain and Timothy Cabral were elected to serve until the 2029 annual meeting. Spain received 534,599,583 votes for, and Cabral received 587,108,878 votes for, with additional withheld and broker non-vote counts reported.
How did Doximity (DOCS) stockholders vote on the auditor ratification?
Stockholders ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending March 31, 2027, with 610,837,373 votes for, 3,635,202 against, and 79,411 abstentions. There were no broker non-votes reported for this proposal.
What was the outcome of Doximity’s say-on-pay vote for fiscal 2026?
Stockholders approved, on a non-binding basis, the compensation of Doximity’s named executive officers for the fiscal year ended March 31, 2026. The vote results were 555,836,605 for, 33,841,608 against, 76,525 abstentions, and 24,797,248 broker non-votes.
What level of participation did Doximity (DOCS) have at its 2026 annual meeting?
Holders of Common Stock entitled to 614,551,986 votes, representing 96.34% of the votes entitled to be cast, were present in person or by proxy at the 2026 Annual Meeting, which the company states constituted a quorum for conducting business.
How are voting rights structured for Doximity’s Class A and Class B common stock?
As of the July 2, 2026 Record Date, holders of Class A common stock were entitled to one vote per share, and holders of Class B common stock were entitled to ten votes per share. Both classes voted together as a single class on all matters at the 2026 Annual Meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
