Form 4: DocGo Executive Granted RSUs, Sells Shares for Tax

DocGo's General Counsel and Secretary, Ely D. Tendler, received a grant of 100,000 restricted stock units and sold 16,850 shares to cover tax obligations.

Summary

• Ely D. Tendler, General Counsel and Secretary of DocGo Inc., was granted 100,000 Restricted Stock Units (RSUs) on December 12, 2025.
• These newly granted RSUs will vest in four equal annual installments on each of the first four anniversaries of December 12, 2025.
• Tendler disposed of 16,850 shares of DocGo Common Stock on December 15, 2025, at a price of $0.91 per share.
• The disposition of shares was made to cover tax obligations incurred from the vesting of previously granted RSUs on December 12, 2025.
• Following these transactions, Tendler's beneficial ownership stands at 258,795 shares, which includes various RSU grants with future vesting schedules.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions involving an RSU grant and a tax-related share disposition, which are common events and do not inherently indicate positive or negative sentiment about the company's performance.

Positives

• The grant of 100,000 Restricted Stock Units (RSUs) aligns the executive's long-term interests with the company's performance and shareholder value.
• The RSU grants are part of the Issuer's 2021 Stock Incentive Plan, indicating a structured approach to executive compensation.

Negatives

• The disposition of 16,850 shares, even for tax purposes, results in a reduction of the executive's direct common stock holdings.

Future Outlook

The vesting schedule for the newly granted 100,000 RSUs extends through December 2029, providing a long-term incentive structure for the executive. Additionally, previously granted RSUs have vesting dates in December 2026 and December 2027.

Industry Context

This filing represents a routine insider transaction, common across publicly traded companies, reflecting executive compensation practices and tax-related share dispositions. It does not provide information on broader industry trends or competitive landscape.

Related Party Transactions

• The grant of 100,000 Restricted Stock Units to Ely D. Tendler, an officer and director, constitutes a related party transaction as part of executive compensation.

Stakeholder Impact

• Shareholders: The RSU grant aligns executive incentives with shareholder interests over the long term, though future vesting could lead to minor dilution.
• Employees: Reflects standard executive compensation practices within the company.

Next Steps

• First installment of 25,000 RSUs from the 100,000 grant will vest on December 12, 2026.
• First installment of 24,224.5 RSUs from the 48,449 grant will vest on December 12, 2026.
• All 17,900 RSUs from a separate grant will vest on December 12, 2026.
• Second installment of 25,000 RSUs from the 100,000 grant will vest on December 12, 2027.
• Second installment of 24,224.5 RSUs from the 48,449 grant will vest on December 12, 2027.
• Third installment of 25,000 RSUs from the 100,000 grant will vest on December 12, 2028.
• Fourth installment of 25,000 RSUs from the 100,000 grant will vest on December 12, 2029.

Key Dates

Keywords

DocGo, DCGO, Form 4, Insider Transaction, Restricted Stock Units, RSU Grant, Share Sale, Executive Compensation, Beneficial Ownership