Doximity director sells 2,000 shares at $24.95
Doximity, Inc. (DOCS) director Kira Scherer Wampler reported a series of related transactions involving 2,000 shares on August 25, 2026.
Rhea-AI Filing Summary
Doximity, Inc. (DOCS) director Kira Scherer Wampler reported a series of related transactions involving 2,000 shares on August 25, 2026. A vested stock option to purchase 2,000 shares of Class B Common Stock at an exercise price of $1.54 per share was exercised, and those Class B shares were converted into 2,000 shares of Class A Common Stock. The 2,000 Class A shares were then sold at $24.95 per share in a transaction made automatically under a Rule 10b5-1 trading plan adopted on May 26, 2026. Following the option exercise, Wampler held 445,700 stock options directly.
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 ($50K)
Approx. gross sale proceeds
$50K
| 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 | $24.95 | $50K |
Holdings After Transaction:
Stock Option (Right to Buy) — 445,700 contracts (Direct);
Class B Common Stock — 0 contracts (Direct);
Class A Common Stock — 19,839 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
Shares sold: 2,000 shares of Class A Common Stock
Sale price per share: $24.95 per share
Option exercise price: $1.54 per share
+4 more
7 metrics
Shares sold
2,000 shares of Class A Common Stock
Sale on August 25, 2026
Sale price per share
$24.95 per share
Price for 2,000 Class A shares sold on August 25, 2026
Option exercise price
$1.54 per share
Stock option on 2,000 Class B shares exercised on August 25, 2026
Options remaining after transaction
445,700 options
Stock options held directly following the reported option exercise
Option grant date
June 10, 2020
Grant date of the stock option that vested over 36 months
Option expiration date
June 9, 2030
Expiration date of the exercised stock option
Rule 10b5-1 plan adoption date
May 26, 2026
Date Wampler adopted the trading plan governing the reported sale
Key Terms
Rule 10b5-1 trading plan, Class A Common Stock, Class B 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"
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 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.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share of Class A"
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.
derivative security financial
"transaction_code_description": "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.
conversion of derivative security financial
"transaction_code_description": "Conversion of derivative security""
FAQ
What did DOCS director Kira Scherer Wampler report on this Form 4?
Kira Scherer Wampler reported exercising a stock option for 2,000 shares of Class B Common Stock at $1.54 per share, converting them into 2,000 Class A shares, and selling those Class A shares at $24.95 per share on August 25, 2026.
What prices were involved in Wampler’s DOCS transactions?
The stock option had an exercise price of $1.54 per share for 2,000 Class B shares. The resulting 2,000 Class A Common Stock shares were sold at $24.95 per share in the reported transaction.
How many Doximity options does Wampler hold after these transactions?
After exercising 2,000 options, Wampler directly held 445,700 stock options on Doximity Class B Common Stock as of the reported date. This figure comes from the post-transaction balance shown for the option position.
What are the key terms of the exercised DOCS stock option?
The exercised stock option covered 2,000 shares of Class B Common Stock at an exercise price of $1.54 per share, was granted on June 10, 2020, and vested in 36 equal monthly installments after March 27, 2020, subject to continuous service.
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