Doximity (DOCS) director logs option exercise, 2,000-share sale in Form 4
Rhea-AI Filing Summary
Doximity, Inc. director Form 4 shows option exercise, share conversion, and a small sale under a preset plan. On 01/02/2026, the reporting person exercised a stock option for 2,000 shares of Class B Common Stock at an exercise price of $1.54 per share, receiving an equivalent 2,000 Class B shares that are convertible into Class A shares.
That same day, 2,000 shares of Class B Common Stock converted into 2,000 shares of Class A Common Stock, and 2,000 Class A shares were sold at a price of $44.65 per share. After these transactions, the director beneficially owned 19,839 shares of Class A Common Stock directly and held 460,700 derivative securities in the form of stock options. The filing notes that the sale was made automatically under a Rule 10b5-1 trading plan adopted on November 12, 2024, indicating the trades were pre-arranged.
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FAQ
What insider transaction did Doximity (DOCS) report in this Form 4?
The Form 4 reports that a Doximity, Inc. director exercised a stock option for 2,000 shares of Class B Common Stock, converted those into 2,000 Class A shares, and sold 2,000 Class A shares on 01/02/2026.
At what prices did the Doximity (DOCS) director exercise and sell shares?
The director exercised a stock option at an exercise price of $1.54 per share for Class B Common Stock and sold 2,000 shares of Class A Common Stock at a sale price of $44.65 per share.
How many Doximity (DOCS) shares does the director own after these transactions?
Following the reported transactions, the director beneficially owned 19,839 shares of Class A Common Stock directly and held 460,700 derivative securities in the form of stock options.
Was the Doximity (DOCS) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the sales reported occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 12, 2024.
What is the relationship of the reporting person to Doximity (DOCS)?
The reporting person is identified as a Director of Doximity, Inc. on the Form 4.
How do Doximity (DOCS) Class B shares convert into Class A shares?
Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder and will also automatically convert upon certain events described, including sale or transfer, death or incapacity of the holder, or a specified final conversion date.