Wampler Kira Scherer 4
4 · Doximity, Inc. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Doximity (DOCS) Director Kira Wampler Sells 9,000 Shares
What Happened
- Kira Scherer Wampler, a director of Doximity (DOCS), disposed of 9,000 shares on May 7, 2026, in an open-market sale at $26.06 per share for proceeds of $234,540. The filing shows related derivative activity (exercises/conversions) associated with the same 9,000 shares.
- The sale occurred automatically pursuant to a Rule 10b5-1 trading plan. The Form 4 reports conversion/exercise events (derivative codes M and C) with $0.00 exercise/conversion prices, indicating conversion/exercise treatment rather than a cash purchase in the reporting line.
Key Details
- Transaction date: 2026-05-07; sale price $26.06; total proceeds $234,540.
- Report filed: 2026-05-08 (timely, next-business-day filing).
- Notable footnotes:
- F2: Sales occurred automatically under a 10b5-1 plan adopted Nov 12, 2024.
- F1/F4: Class B common shares are convertible into Class A common shares at the holder's option; conversions may occur automatically on sale or other events.
- F3: Related option was granted June 10, 2020, and vested in monthly installments beginning March 27, 2020.
- Shares owned after the transaction: not specified in the provided filing details.
Context
- This sequence shows conversion/exercise of derivative holdings (options or Class B shares) and an immediate/automatic sale — a common pattern when insiders convert vested derivative securities and sell shares under a pre-established plan. The 10b5-1 plan means the sales were prearranged and not ad hoc.
- Sales are routinely used for diversification or liquidity and do not by themselves indicate management sentiment; purchases generally signal more direct insider bullishness.
Insider Transaction Report
Form 4
Doximity, Inc.DOCS
Wampler Kira Scherer
Director
Transactions
- Conversion
Class A Common Stock
[F1]2026-05-07+9,000→ 28,839 total - Sale
Class A Common Stock
[F2]2026-05-07$26.06/sh−9,000$234,540→ 19,839 total - Exercise/Conversion
Stock Option (Right to Buy)
[F3][F4]2026-05-07−9,000→ 447,700 totalExercise: $1.54Exp: 2030-06-09→ Class B Common Stock (9,000 underlying) - Exercise/Conversion
Class B Common Stock
[F4]2026-05-07+9,000→ 9,000 total→ Class A Common Stock (9,000 underlying) - Conversion
Class B Common Stock
[F4][F1]2026-05-07−9,000→ 0 total→ Class A Common Stock (9,000 underlying)
Footnotes (4)
- [F1]Each share of Class B Common Stock, par value $0.001 per share (the "Class B Common Stock"), converted into one share of Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), at the option of the holder.
- [F2]The sales reported in this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 12, 2024.
- [F3]The stock option vested in 36 equal monthly installments after March 27, 2020, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The stock option was granted on June 10, 2020.
- [F4]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock, upon the following: (1) the sale or transfer of such share of Class B Common Stock, except for certain permitted transfers described in the Issuer's amended and restated certificate of incorporation; (2) the death or incapacity of the Reporting Person; and (3) on the final conversion date, defined as the earlier of (a) the tenth anniversary of the effectiveness of the registration statement in connection with the Issuer's initial public offering; or (b) the date specified by a vote of the holders of at least 66 2/3% of the outstanding shares of Class B Common Stock, voting as a single class.
Signature
/s/ John Vaughan, Attorney-in-Fact|2026-05-08