Doximity director sells 2,000 shares at $26.33
Doximity director Kira Scherer Wampler exercised options and sold 2,000 Class A shares under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Doximity, Inc. (DOCS) director Kira Scherer Wampler reported an option exercise and related share sale. On September 1, 2026, she exercised options for 2,000 shares of Class B Common Stock at an exercise price of $1.54 per share, leaving 443,700 options outstanding from that grant. The 2,000 Class B shares converted into 2,000 Class A shares, which were then sold at $26.33 per share pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Wampler Kira Scherer
Role
Director
Sold
2,000 shs ($53K)
Approx. gross sale proceeds
$53K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F3, F4 | 2,000 | $0.00 | $0.00 |
| Exercise | Class B Common Stock F4 | 2,000 | $0.00 | $0.00 |
| Conversion | Class B Common Stock F4, F1 | 2,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 2,000 | -- | -- |
| Sale | Class A Common Stock F2 | 2,000 | $26.33 | $53K |
Holdings After Transaction:
Stock Option (Right to Buy) — 443,700 contracts (Direct);
Class B Common Stock — 0 contracts (Direct);
Class A Common Stock — 27,923 shares (Direct)
Footnotes (4)
- 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.
- F2. The sales reported in this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 26, 2026.
- F3. The stock option vested in 36 equal monthly installments after March 27, 2020, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on June 10, 2020.
- F4. 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.
Key Figures
Options Exercised: 2,000 shares
Option Exercise Price: $1.54 per share
Shares Sold: 2,000 shares
+5 more
8 metrics
Options Exercised
2,000 shares
Stock options for Class B Common Stock exercised on September 1, 2026
Option Exercise Price
$1.54 per share
Exercise price for 2,000 stock options exercised on September 1, 2026
Shares Sold
2,000 shares
Class A Common Stock sold on September 1, 2026
Sale Price
$26.33 per share
Price for 2,000 Class A shares sold on September 1, 2026
Remaining Options from Grant
443,700 options
Stock options remaining after the 2,000-share exercise from the June 10, 2020 grant
Option Vesting Schedule
36 monthly installments
Stock option vesting in 36 equal monthly installments after March 27, 2020
Option Expiration Date
June 9, 2030
Expiration date of the stock option grant exercised in part
10b5-1 Plan Adoption Date
May 26, 2026
Date the Rule 10b5-1 trading plan governing the reported sales was adopted
Key Terms
Rule 10b5-1 trading plan, Class B Common Stock, Class A Common Stock, derivative security, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted"
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.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share of Class A Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Class A Common Stock financial
"converted into one share of Class A Common Stock, par value $0.001 per share"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
final conversion date financial
"on the final conversion date, defined as the earlier of (a) the tenth anniversary"
FAQ
What did Doximity (DOCS) director Kira Scherer Wampler report on this Form 4?
She reported exercising options for 2,000 shares of Class B Common Stock, converting them into 2,000 Class A shares, and selling those 2,000 Class A shares in a reported transaction on September 1, 2026.
How many Doximity (DOCS) options did the director exercise and at what price?
Kira Scherer Wampler exercised 2,000 stock options for Doximity Class B Common Stock at an exercise price of $1.54 per share. After this exercise, 443,700 options from that grant remained outstanding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
