Doximity (NYSE: DOCS) director trades options and sells 2,000 shares
Rhea-AI Filing Summary
Doximity, Inc. director Kira Scherer Wampler reported several related equity transactions. On March 3, 2026, she exercised a stock option for 2,000 shares at a price of $0.0000 per share, increasing her direct option-related holdings to 456,700 shares as of that date.
On the same date, 2,000 shares of Class B Common Stock converted into 2,000 shares of Class A Common Stock at a conversion price of $0.0000 per share, and the Class B position from this lot went to 0 shares. After this conversion, her direct Class A holdings were 21,839 shares.
Also on March 3, 2026, Wampler completed an open-market sale of 2,000 shares of Class A Common Stock at a price of $26.0000 per share, leaving her with 19,839 shares of Class A Common Stock held directly. According to a footnote, these sales occurred automatically under a Rule 10b5-1 trading plan adopted on November 12, 2024, indicating they were pre-scheduled rather than discretionary trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 2,000 | $0.00 | -- |
| Exercise | Class B Common Stock | 2,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 2,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 2,000 | $0.00 | -- |
| Sale | Class A Common Stock | 2,000 | $26.00 | $52K |
Footnotes (1)
- 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. The sales reported in this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 12, 2024. 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. 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.
FAQ
What insider transactions did Doximity (DOCS) director Kira Scherer Wampler report?
Was the Doximity (DOCS) insider sale under a Rule 10b5-1 plan?
What option exercise did the Doximity (DOCS) director disclose?
How did the Doximity (DOCS) Class B to Class A conversion work in this filing?
What ongoing conversion rights exist for Doximity (DOCS) Class B Common Stock?