Form 4: Doximity CFO Anna Bryson Reports Stock Transactions
SEC Form 4 Filing
Anna Bryson, CFO of Doximity, reports the withholding of shares for tax obligations and the conversion of Class B Common Stock to Class A Common Stock.
Summary
- On May 15, 2024, Doximity withheld 3,169 shares of Class A Common Stock from Anna Bryson to cover tax obligations at a price of $23.51 per share.
- On May 16, 2024, 48,000 shares of Class B Common Stock were converted into Class A Common Stock.
- Following these transactions, Bryson directly owns 288,685 shares of Class A Common Stock and 16,990 stock options.
Sentiment
Score: 5
Explanation: The document reports routine stock transactions related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies like Doximity.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal stock management.
Key Dates
| Date | Description |
|---|---|
| 05/01/2020 | Stock option vesting begins in 48 equal monthly installments after this date. |
| 06/10/2020 | Date the stock option was granted. |
| 05/15/2024 | Shares of Class A Common Stock withheld for tax obligations. |
| 05/16/2024 | Conversion of Class B Common Stock to Class A Common Stock and exercise of stock options. |
| 05/17/2024 | Date of signature for the Form 4 filing. |
| 06/09/2030 | Expiration date of the stock option. |
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