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Doximity | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Jeffrey Tangney(31.5%),Claudia Schweikert(31.5%), etc.

SEC announcement ·  Feb 15 05:26
Summary by Futu AI
On December 31, 2023, a significant filing was made with the United States Securities and Exchange Commission by Doximity, Inc., indicating changes in the ownership of its Class A common stock. The Schedule 13G/A amendment revealed that Jeffrey Tangney, Claudia Schweikert, Tangney Schweikert Family Trust, and Tangney Annuity Trust, LLC collectively hold a substantial portion of Doximity's shares. Jeffrey Tangney and Claudia Schweikert, both U.S. citizens, reported beneficial ownership of 54,958,180 shares each, representing 31.5% of the class. The Tangney Schweikert Family Trust holds 24,203,330 shares, accounting for 16.6% of the class, while Tangney Annuity Trust, LLC owns 20,000,000 shares, representing 14.1% of the class. Notably, the shares of Class B common stock, which are included in these figures, carry ten times the voting power of...Show More
On December 31, 2023, a significant filing was made with the United States Securities and Exchange Commission by Doximity, Inc., indicating changes in the ownership of its Class A common stock. The Schedule 13G/A amendment revealed that Jeffrey Tangney, Claudia Schweikert, Tangney Schweikert Family Trust, and Tangney Annuity Trust, LLC collectively hold a substantial portion of Doximity's shares. Jeffrey Tangney and Claudia Schweikert, both U.S. citizens, reported beneficial ownership of 54,958,180 shares each, representing 31.5% of the class. The Tangney Schweikert Family Trust holds 24,203,330 shares, accounting for 16.6% of the class, while Tangney Annuity Trust, LLC owns 20,000,000 shares, representing 14.1% of the class. Notably, the shares of Class B common stock, which are included in these figures, carry ten times the voting power of Class A shares and are convertible into Class A shares. The combined voting power of the shares held by the reporting persons amounts to a significant 65.5% for Class B and 31.6% for the Tangney Schweikert Family Trust. The filing was jointly submitted by the parties involved, as per the agreement for joint filing dated February 14, 2024.

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