STOCK TITAN

Doximity (DOCS) founders report combined stakes equal to 77% voting power

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Doximity, Inc. reporting persons filed an amendment to their Schedule 13G/A disclosing beneficial ownership stakes in the company's capital structure.

The filing shows that Jeffrey Tangney and Claudia Schweikert (and related trusts) collectively beneficially own large positions: Tangney and Schweikert each report 55,459,800 shares (treated as 29.9% of Class A on a conversion basis). The filing states the conversion and voting mechanics for Class B shares and provides outstanding share counts as of March 31, 2026.

Positive

  • None.

Negative

  • None.

Insights

Founders/control holders report concentrated voting power via Class B shares.

The filing shows the reporting persons beneficially own 53,505,496 Class B shares and 1,954,304 Class A shares in Mr. Tangney's total, with the Class B to Class A conversion rule used solely for percentage computation pursuant to Rule 13d-3.

Key dependency is the dual-class structure: Class B carries ten votes per share and converts to Class A on transfers or at holder option. Future disclosures or transfers would change voting control; timing is not specified in the excerpt.

Amendment clarifies aggregated beneficial ownership and computation method.

The Schedule 13G/A lists per-entity holdings and states the percent calculations are based on March 31, 2026 share counts: 132,163,035 Class A and 50,896,611 Class B. Percentages are computed under Rule 13d-3 conversion rules and explicitly do not reflect ten-for-one voting power.

Filers executed a joint filing agreement and signed on May 15, 2026. Cash-flow treatment not applicable; further material changes would appear in subsequent amendments.

Class A shares outstanding 132,163,035 shares as of March 31, 2026
Class B shares outstanding 50,896,611 shares as of March 31, 2026
Jeffrey Tangney beneficial ownership (Class B) 53,505,496 shares reported in Item 4(a)
Jeffrey Tangney beneficial ownership (Class A) 1,954,304 shares includes vested/vesting RSUs within 60 days
Reported percent of Class A (conversion basis) 29.9% calculated on Class A outstanding as of March 31, 2026
Combined voting power reported 77.0% aggregate combined voting power based on stated outstanding counts
Tangney Schweikert Family Trust holdings 23,953,330 shares Class B shares held of record by the Trust
Tangney Annuity Trust, LLC holdings 20,000,000 shares Class B shares held of record by the Annuity Trust
Rule 13d-3 regulatory
"treated as converted into Class A common stock only for purposes of computing the percentage ownership"
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
Class B conversion financial
"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"
Beneficial ownership regulatory
"Amount beneficially owned: (i) Jeffrey Tangney (A) 53,505,496 shares of Class B common stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Restricted stock units (RSUs) financial
"15,765 shares of Class A common stock subject to outstanding restricted stock units that are currently vested or will vest within 60 days"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.





26622P107

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: 1. The amount set forth in rows 5, 7 and 9 above consists of (i) 3,921,666 shares of Class B common stock held of record by Mr. Tangney, (ii) 1,938,539 shares of Class A common stock held of record by Mr. Tangney, (iii) 15,765 shares of Class A common stock subject to outstanding restricted stock units that are currently vested or will vest within 60 days of March 31, 2026, (iv) 5,630,500 shares of Class B common stock subject to outstanding stock options held of record by Mr. Tangney that are exercisable within 60 days of March 31, 2026, (v) 23,953,330 shares of Class B common stock held of record by Tangney Schweikert Family Trust, of which Mr. Tangney and his spouse, Claudia Schweikert, are trustees, and (vi) 20,000,000 shares of Class B common stock held of record by Tangney Annuity Trust, LLC, of which Ms. Schweikert is the sole manager. 2. With respect to the amount set forth in rows 5, 7 and 9 above, each share of Class A common stock is entitled to one vote and each share of Class B common stock is entitled to ten votes. 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 and upon the occurrence of certain other events as described in the Issuer's Amended and Restated Certificate of Incorporation. In addition, each share of Class B common stock will automatically convert into one share of Class A common stock upon any transfer, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation. 3. The percent of class set forth in row 11 above was calculated based on 132,163,035 shares of Class A common stock outstanding as of March 31, 2026. 4. The percentage reported in row 11 above is based on the aggregate number of shares of Class A common stock and Class B common stock that may be deemed to be beneficially owned by the reporting person, which, with respect to the Class B common stock, pursuant to Rule 13d-3 of the Act, is treated as converted into Class A common stock only for purposes of computing the percentage ownership of the reporting person. The percentage reported does not reflect the ten for one voting power of the Class B common stock. The 53,505,496 shares of Class B common stock and 1,954,304 shares of Class A common stock that may be deemed to be beneficially owned by the reporting person represent 77.0% of the aggregate combined voting power of the Class A common stock and Class B common stock based on 132,163,035 shares of Class A common stock and 50,896,611 shares of Class B common stock outstanding as of March 31, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: 1. The amount set forth in rows 5, 7 and 9 above consists of (i) 3,921,666 shares of Class B common stock held of record by Claudia Schweikert's spouse, Jeffrey Tangney, (ii) 1,938,539 shares of Class A common stock held of record by Mr. Tangney, (iii) 15,765 shares of Class A common stock subject to outstanding restricted stock units that are currently vested or will vest within 60 days of March 31, 2024, (iv) 5,630,500 shares of Class B common stock subject to outstanding stock options held of record by Mr. Tangney that are exercisable within 60 days of March 31, 2026, (v) 23,953,330 shares of Class B common stock held of record by Tangney Schweikert Family Trust, of which Ms. Schweikert and Mr. Tangney are trustees, and (vi) 20,000,000 shares of Class B common stock held of record by Tangney Annuity Trust, LLC, of which Ms. Schweikert is the sole manager. 2. With respect to the amount set forth in rows 5, 7 and 9 above, each share of Class A common stock is entitled to one vote and each share of Class B common stock is entitled to ten votes. 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 and upon the occurrence of certain other events as described in the Issuer's Amended and Restated Certificate of Incorporation. In addition, each share of Class B common stock will automatically convert into one share of Class A common stock upon any transfer, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation. 3. The percent of class set forth in row 11 above was calculated based on 132,163,035 shares of Class A common stock outstanding as of March 31, 2026. 4. The percentage reported in row 11 above is based on the aggregate number of shares of Class A common stock and Class B common stock that may be deemed to be beneficially owned by the reporting person, which, with respect to the Class B common stock, pursuant to Rule 13d-3 of the Act, is treated as converted into Class A common stock only for purposes of computing the percentage ownership of the reporting person. The percentage reported does not reflect the ten for one voting power of the Class B common stock. The 53,505,496 shares of Class B common stock and 1,954,304 shares of Class A common stock that may be deemed to be beneficially owned by the reporting person represent 77.0% of the aggregate combined voting power of the Class A common stock and Class B common stock based on 132,163,035 shares of Class A common stock and 50,896,611 shares of Class B common stock outstanding as of March 31, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: 1. The amount set forth in rows 5, 7 and 9 above consists of 23,953,330 shares of Class B common stock held of record by Tangney Schweikert Family Trust, of which Jeffrey Tangney and Claudia Schweikert are trustees. 2. With respect to the amount set forth in rows 5, 7 and 9 above, each share of Class A common stock is entitled to one vote and each share of Class B common stock is entitled to ten votes. 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 and upon the occurrence of certain other events as described in the Issuer's Amended and Restated Certificate of Incorporation. In addition, each share of Class B common stock will automatically convert into one share of Class A common stock upon any transfer, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation. 3. The percent of class set forth in row 11 above was calculated based on 132,163,035 shares of Class A common stock outstanding as of March 31, 2026. 4. The percentage reported in row 11 above is based on the aggregate number of shares of Class A common stock and Class B common stock beneficially owned by the reporting person, which, with respect to the Class B common stock, pursuant to Rule 13d-3 of the Act, is treated as converted into Class A common stock only for purposes of computing the percentage ownership of the reporting person. The percentage reported does not reflect the ten for one voting power of the Class B common stock. The 23,953,330 shares of Class B common stock beneficially owned by the reporting person represent 37.4% of the aggregate combined voting power of the Class A common stock and Class B common stock based on 132,163,035 shares of Class A common stock and 50,896,611 shares of Class B common stock outstanding as of March 31, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: 1. The amount set forth in rows 5, 7 and 9 above consists of 20,000,000 shares of Class B common stock held of record by Tangney Annuity Trust, LLC, of which, Claudia Schweikert is the sole manager. 2. With respect to the amount set forth in rows 5, 7 and 9 above, each share of Class A common stock is entitled to one vote and each share of Class B common stock is entitled to ten votes. 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 and upon the occurrence of certain other events as described in the Issuer's Amended and Restated Certificate of Incorporation. In addition, each share of Class B common stock will automatically convert into one share of Class A common stock upon any transfer, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation. 3. The percent of class set forth in row 11 above was calculated based on 132,163,035 shares of Class A common stock outstanding as of March 31, 2026. 4. The percentage reported in row 11 above is based on the aggregate number of shares of Class A common stock and Class B common stock beneficially owned by the reporting person, which, with respect to the Class B common stock, pursuant to Rule 13d-3 of the Act, is treated as converted into Class A common stock only for purposes of computing the percentage ownership of the reporting person. The percentage reported does not reflect the ten for one voting power of the Class B common stock. The 20,000,000 shares of Class B common stock beneficially owned by the reporting person represent 30.8% of the aggregate combined voting power of the Class A common stock and Class B common stock based on 132,163,035 shares of Class A common stock and 50,896,611 shares of Class B common stock outstanding as of March 31, 2026.


SCHEDULE 13G



Tangney Jeffrey
Signature:/s/ Jeffrey Tangney
Name/Title:Jeffrey Tangney
Date:05/15/2026
Schweikert Claudia
Signature:/s/ Claudia Schweikert
Name/Title:Claudia Schweikert
Date:05/15/2026
Tangney Schweikert Family Trust
Signature:/s/ Jeffrey Tangney
Name/Title:Jeffrey Tangney, Trustee
Date:05/15/2026
Signature:/s/ Claudia Schweikert
Name/Title:Claudia Schweikert, Trustee
Date:05/15/2026
Tangney Annuity Trust, LLC
Signature:/s/ Claudia Schweikert
Name/Title:Claudia Schweikert, Manager
Date:05/15/2026

Comments accompanying signature: AGREEMENT FOR JOINT FILING Jeffrey Tangney, Claudia Schweikert, Tangney Schweikert Family Trust and Tangney Annuity Trust, LLC hereby agree to submit a joint Schedule 13G with the Securities and Exchange Commission concerning their beneficial ownership of Doximity, Inc., dated May 15, 2026.

FAQ

What stake does Jeffrey Tangney report in DOCS?

Jeffrey Tangney reports beneficial ownership of 53,505,496 Class B shares and 1,954,304 Class A shares, treated as 29.9% of Class A on a conversion basis as of March 31, 2026. The filing computes percentages under Rule 13d-3.

How much voting power do the reporting persons control at DOCS?

The filing states their combined holdings represent 77.0% of aggregate combined voting power when Class B shares are treated as converted for voting calculations, based on shares outstanding as of March 31, 2026.

What is the difference between Class A and Class B shares in this filing?

Class A shares carry one vote each, while Class B shares carry ten votes each. Class B shares are convertible to Class A at holder option and convert automatically on most transfers per the charter language quoted in the filing.

Which entities filed jointly for DOCS ownership disclosure?

The joint filers are Jeffrey Tangney, Claudia Schweikert, Tangney Schweikert Family Trust, and Tangney Annuity Trust, LLC, with a signed joint filing agreement dated May 15, 2026.

On what share counts are the percentages based?

Percentages in the filing are calculated using 132,163,035 shares of Class A and 50,896,611 shares of Class B outstanding as of March 31, 2026, per the filing's stated basis for computations.