Doximity Director Timothy Cabral Sells 7,500 Shares for $293,325 Under 10b5-1 Plan
Updated
Updated · Yahoo Finance · Aug 18
Doximity Director Timothy Cabral Sells 7,500 Shares for $293,325 Under 10b5-1 Plan
2 articles · Updated · Yahoo Finance · Aug 18
Summary
August 7 SEC filings show Timothy Cabral sold 7,500 Doximity Class A shares at a weighted average $39.11, generating $293,325.
The sale was executed automatically under a Rule 10b5-1 plan adopted on February 19, setting prearranged terms to reduce concerns about trading on non-public information.
Cabral's directly held common stock fell to 3,221 shares after the transaction, though he still directly holds 326,000 derivative securities tied to the company.
The trade came after a difficult stretch for Doximity stock, which had posted a one-year return of negative 50%; shares closed at $25.63 on August 10.
Doximity remains profitable despite that share decline, with a $4.8 billion market value, trailing-12-month revenue of $655.6 million and net income of $167.0 million.