Doximity Director Regina M. Benjamin Receives 21,314 RSU Award

What Happened

• Regina M. Benjamin, a director of Doximity, Inc. (DOCS), was granted 21,314 restricted stock units (RSUs) on July 13, 2026. The Form 4 reports an acquisition price of $0.00 per RSU (typical for RSU grants); the filing lists the award under transaction code "A" (award/grant).
• These RSUs are a contingent right to receive one share of Class A common stock for each RSU when they vest. The filing does not state an immediate cash value — economic value will equal the market price of DOCS shares when RSUs vest or are settled.

Key Details

• Transaction date: 2026-07-13 (Form 4 filed 2026-07-14 — appears timely).
• Award size: 21,314 RSUs; reported acquisition price $0.00 per RSU (code A).
• Vesting: 2,676 RSUs vest on November 15, 2026; the remainder vests in six equal quarterly installments through May 15, 2028, subject to continued service.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: each RSU represents a contingent right to one share under Doximity’s 2021 Stock Option and Incentive Plan.

Context

• RSU grants are common compensation/retention tools for executives and directors; they do not represent immediately tradable shares until they vest and are settled. This is an award, not an open-market purchase or sale, so it should be viewed as compensation/retention activity rather than a direct bullish or bearish trading signal.