Doximity (NYSE: DOCS) CEO granted PSUs while shares withheld for tax

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Doximity, Inc. Chief Executive Officer Jeffrey Tangney reported compensation-related equity activity. He received a grant of 322,614 shares of Class A Common Stock for $0.00 per share, tied to performance-based restricted stock units. On the same date, 14,964 shares were withheld at $18.01 per share to cover tax obligations on previously vested restricted stock units. After these transactions, he directly holds 2,555,424 Class A shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Tangney Jeffrey

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	322,614	$0.00	--
Tax Withholding	Class A Common Stock	14,964	$18.01	$270K

Holdings After Transaction: Class A Common Stock — 2,555,424 shares (Direct, null)

Footnotes (1)

Represents shares of Class A Common Stock underlying performance-based restricted stock units ("PSUs") granted on June 25, 2025. Following the Compensation Committee's certification of the applicable financial performance results for the fiscal year ended March 31, 2026, 13,642 of the PSUs shall vest on May 15, 2026 and 308,972 of the PSUs shall vest on May 15, 2028, subject to the Reporting Person's continued service to the Issuer through each applicable vesting date. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. 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.

Key Figures

Stock grant: 322,614 shares Tax withholding shares: 14,964 shares Post-transaction holdings: 2,555,424 shares +2 more

5 metrics

Stock grant 322,614 shares Class A Common Stock granted at $0.00 per share

Tax withholding shares 14,964 shares Withheld at $18.01 per share for tax obligations

Post-transaction holdings 2,555,424 shares Class A Common Stock held directly after transactions

Near-term PSU vesting 13,642 units Performance-based RSUs scheduled to vest on May 15, 2026

Longer-term PSU vesting 308,972 units Performance-based RSUs scheduled to vest on May 15, 2028

Key Terms

performance-based restricted stock units, PSUs, tax withholding obligations, restricted stock units, +1 more

5 terms

performance-based restricted stock units financial

"Represents shares of Class A Common Stock underlying performance-based restricted stock units ("PSUs") granted on June 25, 2025."

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

PSUs financial

"Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."

PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.

tax withholding obligations financial

"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."

restricted stock units financial

"in connection with the vesting of restricted stock units previously granted to the Reporting Person."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 07:49 PM

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

CALIFORNIA

94107

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/15/2026		A		322,614⁽¹⁾	A	$0	2,555,424	D
Class A Common Stock	05/15/2026		F		14,964⁽²⁾	D	$18.01	2,540,460	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares of Class A Common Stock underlying performance-based restricted stock units ("PSUs") granted on June 25, 2025. Following the Compensation Committee's certification of the applicable financial performance results for the fiscal year ended March 31, 2026, 13,642 of the PSUs shall vest on May 15, 2026 and 308,972 of the PSUs shall vest on May 15, 2028, subject to the Reporting Person's continued service to the Issuer through each applicable vesting date. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

2. 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/ John Vaughan, Attorney-in-Fact	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What equity award did Doximity (DOCS) CEO Jeffrey Tangney report?

Jeffrey Tangney reported a grant of 322,614 shares of Class A Common Stock at $0.00 per share. These shares relate to performance-based restricted stock units that convert into common stock upon vesting.

Why were some Doximity (DOCS) shares disposed of in this Form 4?

The filing shows 14,964 Class A shares disposed at $18.01 per share to satisfy tax withholding obligations. A footnote explains this withholding was mandated by the issuer and was not a discretionary trade by Jeffrey Tangney.

How many Doximity (DOCS) shares does the CEO hold after these transactions?

After the reported grant and tax withholding, Jeffrey Tangney directly holds 2,555,424 shares of Doximity Class A Common Stock. This figure reflects his updated direct ownership following the May 15, 2026 transactions.

What are the vesting terms of Jeffrey Tangney’s Doximity performance-based RSUs?

The performance-based restricted stock units were granted on June 25, 2025. Subject to certified financial performance and continued service, 13,642 units vest on May 15, 2026 and 308,972 units vest on May 15, 2028.

Does this Doximity (DOCS) Form 4 show an open-market stock sale by the CEO?

The Form 4 does not report any open-market stock sales. It shows a performance-based stock award and issuer-mandated tax withholding, which a footnote states is not a discretionary trade by Jeffrey Tangney.