Form 4: Doximity Executive Craig Overpeck Reports Stock Transactions
SEC Form 4 Filing
Craig Overpeck, a Senior Vice President at Doximity, reports the acquisition and disposal of Class A Common Stock, including shares withheld for tax obligations and sales under a pre-arranged trading plan.
Summary
- On May 15, 2024, Doximity withheld 2,862 shares of Class A Common Stock from Craig Overpeck to cover tax obligations related to vesting restricted stock units at a price of $23.51.
- On May 16, 2024, Overpeck sold 1,500 shares of Class A Common Stock at $23.85 per share.
- Following these transactions, Overpeck directly owns 108,609 shares of Doximity Class A Common Stock.
- The sale on May 16th was executed automatically under a pre-existing Rule 10b5-1 trading plan adopted on May 26, 2023.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing primarily reports routine stock transactions. The sales are pre-planned under a 10b5-1 trading plan, so they don't necessarily reflect the executive's current outlook on the company.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.
Key Dates
| Date | Description |
|---|---|
| May 26, 2023 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| May 15, 2024 | Shares of Class A Common Stock withheld by the Issuer in satisfaction of tax withholding obligations |
| May 16, 2024 | Sale of Class A Common Stock |
| May 17, 2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.