Doximity (DOCS) President Steven Zatz Sells 4,482 Shares (Tax Withholding)

What Happened
Steven L. Zatz, President of Doximity, had 4,482 shares of Class A common stock disposed on August 15, 2026. The shares were recorded at $24.80 each for a total value of approximately $111,154. This disposition reflects tax withholding related to the vesting of previously granted restricted stock units (RSUs), not an open-market sale driven by the insider.

Key Details

• Transaction date and price: 2026-08-15 at $24.80 per share (total ~$111,154).
• Transaction type: Code F — shares withheld to satisfy tax withholding obligations (not a discretionary sale).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Issuer withheld the shares to meet tax obligations under an issuer-elected withholding method; the reporting person did not execute a discretionary trade.
• Filing timeliness: Report filed 2026-08-17, which is within the typical two-business-day Form 4 filing window following the transaction.

Context
Tax-withholding dispositions (code F) are routine when RSUs vest and generally do not indicate insider sentiment about the company’s stock price. For retail investors, purchases or open-market sales by insiders tend to be more informative than withholding transactions, which are administrative in nature.