Doximity (DOCS) interim PFO exercises 5,000 options, sell-to-cover 2,319 shares

Rhea-AI Filing Summary

Doximity, Inc. interim PFO and PAO Siddharth Sitaram exercised stock options for 5,000 shares of Class B Common Stock at an exercise price of $4.12 per share, which converted into 5,000 shares of Class A Common Stock at his option.

He then sold 2,319 shares of Class A Common Stock at $25.37 per share in an automatic sell-to-cover transaction under a Rule 10b5-1 trading plan to satisfy tax withholding obligations. Following these transactions, he directly holds 84,132 shares of Class A Common Stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sitaram Siddharth

(Last) (First) (Middle)

C/O DOXIMITY, INC.

500 THIRD STREET

(Street)

SAN FRANCISCO CA 94107

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Doximity, Inc. [ DOCS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Interim PFO and PAO

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/10/2026		C(1)		5,000	A	(1)	86,451	D
Class A Common Stock	03/10/2026		S(2)		2,319(3)	D	$25.37	84,132	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$4.12	03/10/2026		M			5,000	(4)	12/21/2030	Class B Common Stock(5)	5,000	$0	83,800	D
Class B Common Stock	(5)	03/10/2026		M		5,000		(5)	(5)	Class A Common Stock	5,000	$0	5,000	D
Class B Common Stock	(5)	03/10/2026		C(1)			5,000	(5)	(5)	Class A Common Stock	5,000	$0	0	D

Explanation of Responses:

1. Each share of Class B Common Stock, par value $0.001 per share (the "Class B Common Stock"), converted into one share of Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), at the option of the holder.

2. The sales reported in this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 28, 2025.

3. Represents shares of Class A Common Stock sold by the Reporting Person in a sell-to-cover transaction to satisfy the tax withholding obligations in connection with the exercise of a stock option previously granted to the Reporting Person.

4. The shares subject to the stock option (including 206,200 shares previously exercised) vested as to 1/4th of the total number of shares on November 23, 2021 and the remaining shares vested in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on December 22, 2020.

5. 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. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock, upon the following: (1) the sale or transfer of such share of Class B Common Stock, except for certain permitted transfers described in the Issuer's amended and restated certificate of incorporation; (2) the death or incapacity of the Reporting Person; and (3) on the final conversion date, defined as the earlier of (a) the tenth anniversary of the effectiveness of the registration statement in connection with the Issuer's initial public offering; or (b) the date specified by a vote of the holders of at least 66 2/3% of the outstanding shares of Class B Common Stock, voting as a single class.

Remarks:

	/s/ John Vaughan, Attorney-in-Fact	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Doximity (DOCS) executive Siddharth Sitaram report on this Form 4?

He reported exercising options for 5,000 shares of Class B stock, converting them into 5,000 Class A shares, and selling 2,319 Class A shares. These moves were part of routine equity compensation activity and related tax obligations.

How many Doximity (DOCS) shares does Siddharth Sitaram hold after the reported transactions?

After the reported transactions, he directly holds 84,132 shares of Doximity Class A Common Stock. This reflects his remaining equity position following the option exercise, share conversion, and the sale of 2,319 shares for tax-related purposes.

Were the Doximity (DOCS) share sales by Siddharth Sitaram pre-planned?

Yes. The sales occurred automatically under a Rule 10b5-1 trading plan adopted by Siddharth Sitaram on August 28, 2025. Such plans schedule trades in advance, indicating the timing was pre-arranged rather than a discretionary market-timing decision.

Why did Doximity (DOCS) executive Siddharth Sitaram sell 2,319 Class A shares?

He sold 2,319 Class A shares in a sell-to-cover transaction to satisfy tax withholding obligations from exercising a previously granted stock option. This type of sale is a common, mechanistic way to cover taxes on equity compensation.

What was the exercise price of the Doximity (DOCS) stock option exercised by Siddharth Sitaram?

The stock option he exercised covered 5,000 shares of Class B Common Stock at an exercise price of $4.12 per share. Those Class B shares then converted into 5,000 Class A shares at a one-for-one rate, at his option.

At what price did Doximity (DOCS) executive Siddharth Sitaram sell his Class A shares?

He sold 2,319 shares of Doximity Class A Common Stock at $25.37 per share. The transaction was reported as an open-market sale but was specifically described as a sell-to-cover to meet tax withholding obligations from the option exercise.