Doximity (NYSE: DOCS) president has shares withheld for taxes
Rhea-AI Filing Summary
Doximity, Inc. reported that President Steven L. Zatz had 4,482 shares of Class A Common Stock withheld on 2026-08-15 at an implied value of $24.80 per share. The shares were retained by the company to satisfy tax withholding obligations upon vesting of previously granted RSUs, and are described as non-discretionary. Following this withholding, Zatz directly holds 51,864 shares of Class A Common Stock.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 4,482 shares
Net Sell
1 txn
Insider
ZATZ STEVEN L
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 4,482 | $24.80 | $111K |
Holdings After Transaction:
Class A Common Stock — 51,864 shares (Direct)
Footnotes (1)
- F1. 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
Shares withheld for taxes: 4,482 shares
Implied per-share value: $24.80 per share
Shares owned after transaction: 51,864 shares
+1 more
4 metrics
Shares withheld for taxes
4,482 shares
Class A Common Stock withheld on 2026-08-15 for tax withholding obligations
Implied per-share value
$24.80 per share
Value used for the tax-withholding disposition of 4,482 shares
Shares owned after transaction
51,864 shares
Direct holdings of Class A Common Stock by Steven L. Zatz following the withholding
Tax-withholding shares count
4,482 shares
Also reported as exercise price or tax-liability shares in the transaction summary
Key Terms
restricted stock units, tax withholding obligations, non-discretionary trade
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units previously granted"
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.
tax withholding obligations financial
"withheld by the Issuer in satisfaction of tax withholding obligations"
non-discretionary trade financial
"does not represent a discretionary trade by the Reporting Person"
FAQ
What did Doximity (DOCS) President Steven L. Zatz report in this Form 4?
Steven L. Zatz reported a withholding of 4,482 Doximity Class A shares on 2026-08-15. The shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of previously granted restricted stock units, not through an open-market trade.
Was this Doximity (DOCS) Form 4 transaction an open-market sale by Steven L. Zatz?
No. The filing describes the event as shares withheld by the issuer for tax obligations on RSU vesting. It explicitly states the withholding was mandated by the issuer’s prior election and does not represent a discretionary trade by Steven L. Zatz.
AI-generated analysis. How Rhea-AI works. Not financial advice.