DOCS Form 4: Director Kira Wampler Receives 3,221 RSUs
Rhea-AI Filing Summary
Kira Scherer Wampler, a director of Doximity, Inc. (DOCS), was granted 3,221 restricted stock units (RSUs) on 08/28/2025 under the company's non-employee director compensation policy. Each RSU represents a contingent right to one share of the issuer's Class A Common Stock and the award vests in full on the earlier of the first anniversary of the grant date or the issuer's next annual meeting of stockholders, subject to continued service as a director.
Following the reported grant, the reporting person beneficially owns 19,839 shares of Class A Common Stock. The Form 4 was submitted with a signature by an attorney-in-fact on 09/02/2025.
Positive
- Director alignment: Grant of 3,221 RSUs ties the director's compensation to company equity, aligning interests with shareholders
- Clear vesting terms: RSUs vest on the earlier of one year or the next annual meeting, providing transparent, time-based incentives
- Disclosure completeness: Form 4 reports post-grant beneficial ownership of 19,839 shares and includes signature via attorney-in-fact
Negative
- None.
Insights
TL;DR: Routine director equity grant; modest increase in insider holdings, no cash transaction disclosed.
The filing documents a standard non-employee director award of 3,221 RSUs that convert 1:1 to Class A shares upon vesting. This is a compensation-related issuance rather than a market purchase or sale, and the reported post-grant beneficial ownership is 19,839 shares. There is no cash price paid and no derivative instruments reported. For investors, this is a governance/compensation disclosure rather than a signal of transactional market activity.
TL;DR: Typical director compensation mechanics with time-based vesting tied to continued service.
The award follows the issuer's non-employee director compensation policy and vests based on service or the next annual meeting, which aligns director incentives with shareholder alignment over a short-term horizon. The Form 4 properly discloses the contingent nature of the RSUs and reports direct beneficial ownership. There are no governance red flags or unusual terms disclosed in this filing.