Doximity, Inc.·4

Feb 4, 4:11 PM ET

Wampler Kira Scherer 4

Research Summary

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Updated

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

What Happened

  • Kira Scherer Wampler, a director of Doximity (DOCS), sold 2,000 shares in an open-market transaction on February 2, 2026 at $37.33 per share, generating $74,660 in proceeds.
  • The sale followed conversion/exercise activity reported the same day: derivative securities (including a stock option / convertible Class B shares) were exercised/converted and resulted in the acquisition of 2,000 Class A shares that were then sold. The reported exercise/conversion amounts are shown at $0.00 per share in the filing (see footnotes for conversion details).

Key Details

  • Transaction date: 2026-02-02; Sale price: $37.33; Proceeds: $74,660.
  • Report filed: 2026-02-04 — appears timely (Form 4 typically due within two business days).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Notable footnotes:
    • F2: The sale occurred automatically under a Rule 10b5-1 trading plan adopted Nov 12, 2024.
    • F1/F4: Each Class B share is convertible into one Class A share at the holder’s option; certain events (including transfers) can trigger automatic conversion.
    • F3: The stock option referenced was granted June 10, 2020 and vested in monthly installments beginning March 27, 2020.
  • Transaction types reported: conversion of derivative (C), exercise/conversion of derivative (M), and open-market sale (S).

Context

  • The sequence (exercise/conversion followed by immediate sale) indicates the shares were converted or exercised and then sold the same day — effectively a disposal rather than a long-term buy.
  • The sale was executed under a pre-established 10b5-1 plan, which typically schedules trades in advance and is considered routine rather than a discretionary, contemporaneous insider decision.
  • For retail investors, purchases typically carry stronger signals than routine sales; this filing documents a routine sale following conversion/exercise of derivative holdings.