Updated
Updated · Yahoo Finance · Aug 18
Doximity President Steven Zatz Sells 4,482 Shares for $111,154 in Tax-Withholding Move
Updated
Updated · Yahoo Finance · Aug 18

Doximity President Steven Zatz Sells 4,482 Shares for $111,154 in Tax-Withholding Move

1 articles · Updated · Yahoo Finance · Aug 18

Summary

  • 4,482 Doximity shares were sold by President Steven L. Zatz on Aug. 15 in a non-discretionary sell-to-cover transaction tied to vested restricted stock units, according to an SEC Form 4.
  • The sale raised about $111,154 at a weighted average price of $24.80 and was used to satisfy tax withholding requirements rather than signal an open-market exit.
  • Zatz still directly holds 51,864 Class A shares, a stake worth about $1.29 million based on Doximity's Aug. 14 closing price.
  • Doximity, valued at roughly $4.6 billion, reported trailing 12-month revenue of $655.6 million and net income of $167.0 million.

Insights

Beyond routine insider sales, is Doximity's new pharma analytics tool the true catalyst for its next billion-dollar leap?
Will Doximity's massive AI investments quietly transform healthcare workflows, or will margin pressures stall their ambitious growth?