Doximity (DOCS) CEO RSU Withholding: 7,990 Shares at $63.54

Rhea-AI Filing Summary

Jeffrey Tangney, Chief Executive Officer, Director and >10% owner of Doximity, Inc. (DOCS), reported a non‑discretionary reduction of 7,990 shares of Class A Common Stock on 08/15/2025. The shares were withheld by the issuer at a price of $63.54 per share to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units. This withholding was made pursuant to an issuer election and is not a voluntary sale by the reporting person. After the withholding, Mr. Tangney beneficially owned 2,249,058 shares of Class A Common Stock according to the Form 4 filing.

Positive

• Transaction was administrative withholding to satisfy tax obligations from RSU vesting, not a discretionary sale by the CEO
• Reporting person retains material ownership with 2,249,058 Class A shares after the withholding, indicating continued alignment with shareholders
• Form 4 clearly discloses transaction details including date, price ($63.54) and number of shares withheld (7,990)

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine tax-withholding on RSU vesting reduced shares by 7,990; ownership remains material at 2,249,058 shares.

The Form 4 discloses a non-discretionary disposal of 7,990 Class A shares at $63.54 per share due to issuer‑mandated tax withholding tied to RSU vesting. This is a common compensation tax procedure and not an active sale, so it carries limited informational value about the CEO's trading intentions. The remaining direct beneficial ownership of 2,249,058 shares indicates continued significant economic interest in DOCS.

Corporate Governance Expert

TL;DR: Disclosure complies with Section 16 reporting; transaction was administrative withholding, not a discretionary sale.

The filing is complete and specifies that withholding was executed under an issuer election to satisfy tax obligations from vested RSUs. The use of an attorney-in-fact signature is properly documented. Because the transaction is administrative and the CEO remains a >10% owner, there are no immediate governance concerns arising from this report.

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

OMB APPROVAL

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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).

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^*

Tangney Jeffrey

(Last) (First) (Middle)

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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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	08/15/2025		F		7,990(1)	D	$63.54	2,249,058	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

Explanation of Responses:

1. Represents shares of Class A Common Stock withheld by the Issuer in satisfaction of tax withholding obligations in connection with the vesting of restricted stock units previously granted to the Reporting Person. Such withholding is mandated by an election of the Issuer made in advance and does not represent a discretionary trade by the Reporting Person.

Remarks:

	/s/ Jennifer Chaloemtiarana, Attorney-in-Fact	08/15/2025
	** 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 Jeffrey Tangney report on Form 4 for DOCS?

The Form 4 reports that 7,990 Class A shares were withheld on 08/15/2025 at $63.54 per share to satisfy tax withholding from vested RSUs.

Was the share reduction a sale by the CEO of DOCS (Jeffrey Tangney)?

No. The filing states the shares were withheld by the issuer to cover tax withholding obligations and were not a discretionary sale by the reporting person.

How many DOCS shares does Jeffrey Tangney own after the transaction?

Following the withholding, the Form 4 shows Mr. Tangney beneficially owns 2,249,058 Class A shares (direct ownership).

When was the Form 4 transaction dated and who signed the filing?

The transaction date is 08/15/2025 and the Form 4 was signed by Jennifer Chaloemtiarana, Attorney-in-Fact on that date.

What was the reported price per share for the withheld DOCS shares?

The Form 4 lists a price of $63.54 per share for the 7,990 withheld Class A shares.