Doximity (DOCS) interim finance chief reports RSU grant and ESPP buy
Rhea-AI Filing Summary
Doximity, Inc. reported that interim PFO and PAO Sitaram Siddharth had several equity transactions in Class A common stock. He received a grant of 9,992 restricted stock units on February 15, 2026, which vest in equal quarterly installments over 33 months beginning on May 15, 2026, contingent on continued service. Each unit represents one share of Class A stock. On the same date, 946 shares were withheld by Doximity to cover tax obligations related to previously granted RSUs, a mandatory withholding rather than a discretionary sale. Siddharth also acquired 384 shares through the 2021 Employee Stock Purchase Plan at a price equal to 85% of the February 15, 2026 closing price, bringing his directly held stake to 78,733 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9,992 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 946 | $25.02 | $24K |
| Grant/Award | Class A Common Stock | 384 | $21.267 | $8K |
Footnotes (1)
- These shares represent restricted stock units (each, an "RSU") granted on February 15, 2026, which vest in equal quarterly installments over 33 months beginning on May 15, 2026, subject to the Reporting Person's continued service to the Issuer through each applicable vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. 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. These shares were acquired under the Doximity, Inc. 2021 Employee Stock Purchase Plan (the "ESPP") in transactions that were exempt under Rule 16b-3(d) and Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's Class A Common Stock on February 15, 2026.