{
  "id": 7864505,
  "title": "Doximity CAO Siddharth Sitaram sells $54,043 in class a shares",
  "url": "https://urgent.news/2026/09/16/doximity-cao-siddharth-sitaram-sells-54-043-in-class-a-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T20:31:04.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/doximity-cao-siddharth-sitaram-sells-54043-in-class-a-shares-93CH-4904513"
  },
  "original_language": "en",
  "account": "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.\n\nAdditionally, 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.\n\nDoximity’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%.",
  "summary": null,
  "key_points": [
    "Siddharth Sitaram sold 2,077 Class A shares at $26.02 each on September 15, 2026.",
    "Transaction satisfied tax withholding from stock option exercise.",
    "Sitaram owns 96,045 Class A shares post-transaction."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Once upon a farm CAO sells $11,240 in shares",
        "url": "https://urgent.news/2026/09/16/once-upon-a-farm-cao-sells-11-240-in-shares",
        "published": "2026-09-16T20:30:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}