Doximity (DOCS) President Steven Zatz Receives RSU Award

What Happened
Steven L. Zatz, President of Doximity (DOCS), received equity awards on September 24, 2026 totaling 152,427 restricted stock units (RSUs). The filing shows two grants: 48,927 RSUs and 103,500 RSUs, each reported at $0.00 (no cash paid). Each RSU represents a contingent right to receive one share of Doximity Class A common stock upon vesting, subject to continued service.

Key Details

• Transaction date: September 24, 2026; Form 4 filed September 28, 2026 (timely within required window).
• Grants: 48,927 RSUs (reported $0.00) and 103,500 RSUs (reported $0.00) — total 152,427 RSUs.
• Vesting (per footnotes):
  • 48,927 RSUs vest 50% on Nov 15, 2026 and 50% on Feb 15, 2027, contingent on continued service.
  • 103,500 RSUs vest in equal quarterly installments over 12 months beginning May 15, 2027, contingent on continued service.
• Shares owned after transaction: not specified in this filing.
• No tax withholding, 10b5-1 plan, or sale/exercise reported in this filing.

Context
RSU grants are awards rather than open-market purchases or sales; they convert to actual shares only as they vest and are subject to forfeiture if service ends before vesting. These awards are routine executive compensation and do not represent an immediate cash transaction or sale.