Sitaram Siddharth 4

4 · Doximity, Inc. · Filed Feb 18, 2026

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Updated Feb 19, 2026

Doximity (DOCS) Interim PFO Sitaram Siddharth Receives RSUs, Buys ESPP

What Happened

Sitaram Siddharth, Interim Principal Financial Officer (PFO) and Principal Accounting Officer (PAO) of Doximity (DOCS), had three related equity events reported on Feb 15, 2026: an award of 9,992 restricted stock units (RSUs) (acquired at $0), 946 shares were withheld to cover tax obligations (disposed) at $25.02 each for ~$23,669, and he purchased 384 shares through the company’s Employee Stock Purchase Plan (ESPP) at $21.27 each for $8,167.
The RSU award is a grant (not an immediate sale) and vests in equal quarterly installments over 33 months beginning May 15, 2026, subject to continued service. The ESPP purchase is a cash purchase at an 85% purchase price under the plan.

Key Details

Transaction date(s): February 15, 2026; Form 4 filed February 18, 2026 (appears timely).
Specifics:
- 9,992 RSUs granted (code A) at $0.00 — contingent right to one share per RSU (see footnote F1).
- 946 shares withheld for taxes (code F) at $25.02 — total value ~$23,669 (footnote F2).
- 384 shares purchased under ESPP (code A) at $21.27 — total cost $8,167; ESPP purchase price = 85% of closing price (footnote F3).
Shares owned after transaction: not specified in the information provided.
Notable footnotes: RSUs vest quarterly over 33 months (F1); tax withholding was mandated by issuer election and not a discretionary sale by Siddharth (F2); ESPP purchase was exempt under Rule 16b-3 and made at a discount (F3).

Context

RSUs are future equity tied to continued service and vesting dates; the grant itself is not an immediate market transaction.
The 946-share withholding is a routine tax-withholding event (not an insider-initiated sale for cash) and is commonly used to satisfy tax obligations when awards vest.
The 384-share ESPP purchase is a straightforward employee purchase at a discount — a bona fide purchase that can be viewed as a small insider buy ($8.2K), but it’s modest in size relative to typical insider trades.

Form 4

Period: 2026-02-15

Interim PFO and PAO

Transactions

Award
Class A Common Stock
[F1]
2026-02-15+9,992→ 79,295 total
Tax Payment
Class A Common Stock
[F2]
2026-02-15$25.02/sh−946$23,669→ 78,349 total
Award
Class A Common Stock
[F3]
2026-02-15$21.27/sh+384$8,167→ 78,733 total

Footnotes (3)

[F1]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.
[F2]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.
[F3]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.

Signature

/s/ John Vaughan, Attorney-in-Fact|2026-02-18

1 file