Form 4: Doximity Director Kira Scherer Wampler Receives Stock Grant

Director Kira Scherer Wampler received 6,360 shares of Doximity Class A Common Stock as restricted stock units on August 29, 2024.

Summary

• Kira Scherer Wampler, a director of Doximity, Inc., reported a transaction on August 29, 2024.
• She acquired 6,360 shares of Class A Common Stock through the grant of restricted stock units (RSUs).
• These RSUs vest in full on the earlier of August 29, 2025, or the date of Doximity's next annual meeting of stockholders, contingent upon her continued service as a director.
• Following the transaction, Wampler directly owns 16,618 shares of Doximity Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The grant of stock aligns the director's interests with shareholders, which is generally viewed favorably. There are no explicit negative indicators.

Positives

• The grant of RSUs to a director aligns her interests with those of the shareholders.
• Continued service as a director is required for vesting, incentivizing her ongoing commitment to the company.

Future Outlook

The director's continued service is tied to the vesting of the RSUs, suggesting an ongoing commitment to the company.

Industry Context

Stock grants to directors are a common practice to align their interests with shareholders and incentivize their service.

Stakeholder Impact

• Shareholders: Aligns director's interests with shareholder value.
• Director: Provides additional compensation and incentivizes continued service.

Key Dates