Doximity (DOCS) Director Kira Wampler Sells 2,000 Shares

What Happened
Kira Wampler, a director of Doximity (DOCS), sold 2,000 shares in an open-market transaction on September 1, 2026 at $26.33 per share, netting $52,660. The Form 4 shows related derivative activity that same day: exercises/conversions of derivative securities and conversion of Class B common stock into Class A shares, all reported on the same date.

Key Details

• Transaction date: 2026-09-01. Open-market sale: 2,000 shares at $26.33 each; total proceeds $52,660.
• Derivative activity (same date): entries for exercise/conversion of 2,000 option/derivative shares (reported at $0.00) and conversion between Class B and Class A common stock.
• The sale occurred automatically under a Rule 10b5-1 trading plan adopted by Ms. Wampler on May 26, 2026 (footnote F2).
• Option background: the option involved vested on a monthly schedule after March 27, 2020 and was originally granted June 10, 2020 (footnote F3).
• Conversion rights: each Class B share converts into one Class A share at holder’s option; certain events trigger automatic conversion (footnote F4/F1).
• Shares owned after the transaction are not specified in the summary provided.
• Filing date (Sep 3, 2026) appears timely relative to the Sep 1 transaction (Form 4 was filed within the typical 2-business-day reporting window).

Context
The filing shows an exercise/conversion of derivative securities and a same-day sale of the resulting shares. Reporting of exercises/conversions at $0.00 typically means no cash payment is shown on the Form 4 (e.g., net-share settlement or conversion), but the filing does not state cashless settlement details. The sale was executed under a pre-established 10b5-1 plan, which indicates the trades were automated according to a previously adopted plan rather than ad hoc decisions.