This insider cluster is routine and non-actionable. The combined open-market selling is far below any materiality threshold, and all C-suite activity is tax-withholding on vesting equity. Monitor the next earnings release for any fundamental changes, but this filing offers no directional signal for DOCS shares.
Price Chart
Executive Summary
A cluster of insider selling at Doximity shows two insiders — Director Timothy Cabral and Chief Accounting Officer Siddharth Sitaram — selling shares totaling ~$337K over a one-week window ending August 13, 2026. However, 5 of 9 total cluster transactions are non-cash tax-withholding vesting events by the CEO, CFO, CAO, and President on August 15, meaning the net open-market selling is modest at ~$337K, or ~0.008% of Doximity's $4.4B market cap. The dollar value is trivial relative to company size, and the CAO's sale follows routine option exercises; no bearish signal from this cluster.
Key Financial Metrics
Key Facts
- Two insiders made open-market sales totaling ~$337K over August 6–13, 2026.
- Director Timothy Cabral sold 7,500 shares for ~$293K at $39.11; CAO Siddharth Sitaram sold 1,770 shares for ~$44K at $24.94.
- Total open-market selling value is ~0.008% of Doximity's $4.4B market cap — well below the 0.1% materiality threshold.
- All C-suite trades (CEO, CFO, President, CAO) on August 15 were non-cash tax-withholding transactions (code F) on vesting shares — no open-market selling by top executives.
- CAO Sitaram's sale followed a non-cash derivative exercise (code M) on August 13, a common pattern for liquidity/planning.
Financial Impact
Total open-market selling of ~$337K, representing ~0.008% of $4.4B market cap — economically trivial.
Risk Factors
- Low risk: no bearish signal from insider activity, as the selling is immaterial in dollar terms and dominated by non-cash vesting events.
- Broader sector or macro risks unrelated to insider trading are not addressed by this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DOCS-1787007677157 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | Institutional Cluster | $31.50 $33.68 | ▲ +6.92% | ▲ +7.94% | $33.08 (+5.02%) |
Aug 17, 2026 10w ago | Insider Cluster | $24.94 $24.74 | ▼ −0.80% | ▼ −0.60% | $33.08 (+32.64%) |
Aug 10, 2026 11w ago | ANALYST-DOWNGRADE | $25.63 $24.52 | ▲ +4.33% | ▲ +4.28% | $33.08 (−29.07%) |
Jul 15, 2026 14w ago | DEFA14A | $22.26 $20.49 | ▼ −7.95% | ▼ −6.97% | $33.08 (+48.61%) |
Jun 29, 2026 17w ago | ANALYST-DOWNGRADE | $20.59 $22.86 | ▼ −11.02% | ▼ −9.64% | $33.08 (−60.66%) |
Jun 18, 2026 18w ago | 3 | $20.07 $20.88 | ▲ +4.04% | ▲ +6.10% | $33.08 (+64.82%) |
Apr 17, 2026 27w ago | 8-K | $24.39 $24.66 | ▲ +1.11% | ▲ +0.19% | $33.08 (+35.63%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers