Form 4: Doximity Director Regina M. Benjamin Acquires Shares Through Restricted Stock Units

Regina M. Benjamin, a director at Doximity, Inc., acquired 6,360 shares of Class A Common Stock through a grant of restricted stock units on August 29, 2024.

Summary

• On August 29, 2024, Regina M. Benjamin, a director of Doximity, Inc. (DOCS), acquired 6,360 shares of Class A Common Stock.
• The acquisition was a result of a grant of restricted stock units (RSUs) under the Issuer's non-employee director compensation policy.
• These RSUs will vest in full on the earlier of August 29, 2025, or the date of Doximity's next annual meeting of stockholders, contingent upon Benjamin's continued service as a director.
• Each RSU represents the right to receive one share of Doximity's Class A Common Stock.
• Following the transaction, Benjamin directly owns 16,618 shares of Doximity's Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard transaction related to director compensation, indicating alignment of interests between the director and shareholders.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing continued service and contribution to the company's success.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, such as directors and officers. This allows investors to track changes in ownership and assess management's alignment with shareholder interests.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates