Doximity CAO Siddharth Sitaram sells $54,043 in class a shares

Siddharth Sitaram, the Chief Accounting Officer at Doximity, Inc., sold 2,077 shares of the company’s Class A common stock worth $54,043 on September 15, 2026. The shares were sold at $26.02 per share to satisfy tax withholding obligations from the exercise of a previously granted stock option. The transaction was part of a Rule 10b5-1 trading plan, adopted by Sitaram on February 27, 2026.

Additionally, on the same date, Sitaram exercised options to purchase 5,000 shares of Class B common stock at $4.12 per share. These Class B shares were then converted into an equal amount of Class A common stock. After these reported transactions, Sitaram directly owns 96,045 shares of Doximity Class A common stock.

Doximity’s stock is currently trading at $25.94, resulting in a market capitalization of $4.62 billion. InvestingPro analysis suggests that the company is currently undervalued, with a Fair Value assessment indicating a potential upside. Doximity maintains a strong financial health score, boasting an impressive gross profit margin of 88%.