Doximity (NYSE: DOCS) CFO sees 15,311 shares withheld for taxes
Rhea-AI Filing Summary
Doximity, Inc. (DOCS) reported that Chief Financial Officer Matthew Sonefeldt had 15,311 shares of Class A Common Stock withheld on 2026-08-15 at $24.80 per share to satisfy tax withholding obligations arising from vesting of previously granted restricted stock units. This withholding followed an advance election by the company and is described as non-discretionary. After this event, Sonefeldt directly holds 486,238 shares of Class A Common Stock.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 15,311 shares
Net Sell
1 txn
Insider
Sonefeldt Matthew
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 15,311 | $24.80 | $380K |
Holdings After Transaction:
Class A Common Stock — 486,238 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: 15,311 shares
Per-Share Value Used: $24.80 per share
Shares Held After Transaction: 486,238 shares
3 metrics
Shares Withheld for Taxes
15,311 shares
Class A Common Stock withheld on 2026-08-15 for tax obligations on RSU vesting
Per-Share Value Used
$24.80 per share
Valuation used to calculate shares withheld for tax obligations
Shares Held After Transaction
486,238 shares
Direct Class A Common Stock holdings by CFO following the withholding transaction
Key Terms
restricted stock units, tax withholding obligations, Class A Common Stock
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"
Class A Common Stock financial
"Represents shares of Class A Common Stock withheld by the Issuer"
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.
FAQ
What insider transaction did Doximity (DOCS) report for CFO Matthew Sonefeldt?
Doximity reported that CFO Matthew Sonefeldt had 15,311 shares of Class A Common Stock withheld on 2026-08-15 to cover tax withholding obligations from vesting restricted stock units. This was described as a non-discretionary withholding rather than an open-market trade.
Was the Doximity (DOCS) CFO’s Form 4 transaction a discretionary stock sale?
No. The footnote states the 15,311 withheld shares were taken by the issuer to satisfy tax withholding obligations from restricted stock unit vesting under an advance election. It explicitly notes this does not represent a discretionary trade by the CFO.
What security type is involved in the Doximity (DOCS) CFO’s Form 4 filing?
The transaction involves Class A Common Stock of Doximity, Inc. These shares were withheld in connection with the vesting of restricted stock units, a form of equity compensation granted earlier to the CFO, to satisfy his associated tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.