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Doximity accounting chief sells 2,613 shares for taxes

The Chief Accounting Officer's Class A sale covered tax withholding and occurred automatically under a Rule 10b5-1 plan adopted February 27, 2026.

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Form Type
4

Rhea-AI Filing Summary

Doximity, Inc. Chief Accounting Officer Siddharth Sitaram exercised stock options covering 5,000 shares at an exercise price of $4.12 per share and 3,000 shares at an exercise price of $8.26 per share on October 14, 2026, and converted 8,000 Class B shares into 8,000 Class A shares. He also sold 2,613 Class A shares at $30.68 per share in a sell-to-cover transaction for tax withholding; the sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted February 27, 2026.

Insider Sitaram Siddharth
Role Chief Accounting Officer
Sold 2,613 shs ($80K)
Approx. gross sale proceeds $80K
Type Security Shares Price Value
Exercise Stock Option (Right to Buy) F4, F5 5,000 $0.00 $0.00
Exercise Stock Option (Right to Buy) F6, F5 3,000 $0.00 $0.00
Exercise Class B Common Stock F5 8,000 $0.00 $0.00
Conversion Class B Common Stock F5, F1 8,000 $0.00 $0.00
Conversion Class A Common Stock F1 8,000 -- --
Sale Class A Common Stock F2, F3 2,613 $30.68 $80K
Holdings After Transaction: Stock Option (Right to Buy) — 116,000 contracts (Direct); Class B Common Stock — 0 contracts (Direct); Class A Common Stock — 101,432 shares (Direct)
Footnotes (6)
  1. F1. 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. F2. The sales reported in this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2026.
  3. F3. 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. F4. The shares subject to the stock option 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. F5. 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.
  6. F6. The shares subject to the stock option vest in 48 equal monthly installments following December 1, 2024, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on February 16, 2021.
Stock option shares exercised 5,000 shares October 14, 2026; option exercise price was $4.12 per share
Option exercise price $4.12 per share Stock option exercise reported October 14, 2026
Stock option shares exercised 3,000 shares October 14, 2026; option exercise price was $8.26 per share
Option exercise price $8.26 per share Stock option exercise reported October 14, 2026
Class B shares converted 8,000 shares Converted into Class A shares on October 14, 2026
Class A shares received on conversion 8,000 shares Received upon conversion of Class B shares on October 14, 2026
Class A shares sold 2,613 shares Sell-to-cover transaction on October 14, 2026
Sale price $30.68 per share Class A shares sold on October 14, 2026
sell-to-cover transaction financial
"sold in a sell-to-cover transaction to satisfy the tax withholding obligations"
A sell-to-cover transaction is when a person granted company stock (for example as part of compensation or option exercise) immediately sells enough of those shares to pay required taxes or exercise costs and keeps the rest. Think of it like cashing part of a bonus to cover the tax bill; it provides necessary cash without the holder needing outside funds. Investors watch these sales because they increase trading volume and slightly reduce insider holdings, but they often reflect routine tax or cost management rather than a judgment on the company’s prospects.
Rule 10b5-1 trading plan regulatory
"occurred automatically pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
final conversion date technical
"on the final conversion date"
permitted transfers regulatory
"except for certain permitted transfers"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many DOCS shares did the Chief Accounting Officer sell, and at what price?

Siddharth Sitaram sold 2,613 Class A shares at $30.68 per share on October 14, 2026, in a sell-to-cover transaction to satisfy tax withholding. The sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted February 27, 2026.

How do DOCS Class B shares convert into Class A shares?

Each Class B share is convertible into one Class A share at any time at the holder's option. Automatic conversion also occurs upon a sale or transfer, except for certain permitted transfers, the reporting person's death or incapacity, or the final conversion date. That date is the earlier of the tenth anniversary of the IPO registration statement's effectiveness or a date specified by holders of at least 66 2/3% of outstanding Class B shares voting as one class.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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).
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 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock10/14/2026C(1)8,000A(1)104,045D
Class A Common Stock10/14/2026S(2)2,613(3)D$30.68101,432D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$4.1210/14/2026M5,000 (4)12/21/2030Class B Common Stock(5)5,000$049,000D
Stock Option (Right to Buy)$8.2610/14/2026M3,000 (6)02/15/2031Class B Common Stock(5)3,000$067,000D
Class B Common Stock(5)10/14/2026M8,000 (5) (5)Class A Common Stock8,000$08,000D
Class B Common Stock(5)10/14/2026C(1)8,000 (5) (5)Class A Common Stock8,000$00D
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 February 27, 2026.
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 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.
6. The shares subject to the stock option vest in 48 equal monthly installments following December 1, 2024, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on February 16, 2021.
Remarks:
/s/ John Vaughan, Attorney-in-Fact10/16/2026
** Signature of Reporting PersonDate
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)

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