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

What Happened
Kira Scherer Wampler, a director of Doximity, effected a same-day exercise/conversion of derivative securities and the sale of 2,000 shares on August 25, 2026. The shares were sold in the open market at $24.95 per share, generating $49,900 in proceeds. The filing shows conversion/exercise transactions (derivative codes M and C) reported at $0.00 and the subsequent sale (S); overall this was a sale, not a purchase.

Key Details

• Transaction date: August 25, 2026; Form 4 filed August 27, 2026 (timely filing).
• Sale: 2,000 shares sold at $24.95 each, total proceeds $49,900.
• Derivative activity: reporting shows exercises/conversions (codes M and C) associated with the 2,000 shares at $0.00.
• Footnotes of note:
  • F2: The sale occurred automatically under a Rule 10b5-1 trading plan adopted May 26, 2026.
  • F1 & F4: Class B shares are convertible into Class A shares (automatic conversion on certain events).
  • F3: The underlying option was granted June 10, 2020 and vested in monthly installments starting March 27, 2020.
• Shares owned after the transactions: not disclosed in the provided filing excerpt.

Context
The sequence indicates Wampler converted/exercised derivative holdings and those shares were sold the same day under a pre-established 10b5-1 plan, which typically automates sales and helps avoid trading based on non-public information. Reporting shows an exercise/conversion price of $0.00 in the filing lines; the sale itself produced the $49,900 proceeds. Such automated plan sales are generally considered routine and do not necessarily signal a change in the insider’s view of the company.