Prabir Adarkar (NYSE: DASH) plans sale of 60,000 shares
Rhea-AI Filing Summary
DoorDash (DASH) insider files notice to sell shares. A person named Prabir Adarkar filed a Form 144 covering a planned sale of 60,000 shares of DoorDash Class A common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on the NASDAQ, with an aggregate market value of $12,319,200. The filing notes 406,334,617 Class A shares outstanding and lists an approximate sale date of 01/20/2026.
The 60,000 shares were acquired on 01/20/2026 by exercising stock options granted by the issuer, paid for in cash the same day. The form also discloses prior sales in the past three months for the same seller, including 30,000 Class A shares sold on 12/22/2025 for gross proceeds of $7,037,097.50, 24,489 shares on 11/24/2025 for $4,588,192.68, and 15,960 shares on 11/20/2025 for $3,128,820.60, some under a Rule 10b5-1 plan.
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FAQ
What does the DoorDash (DASH) Form 144 filed by Prabir Adarkar disclose?
The Form 144 shows that Prabir Adarkar plans to sell 60,000 DoorDash Class A common shares on NASDAQ through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $12,319,200.
Are the recent DoorDash (DASH) sales by Prabir Adarkar under a Rule 10b5-1 plan?
The table describes the 12/22/2025 and 11/24/2025 transactions as "10b5-1 Sales for PRABIR ADARKAR," indicating they were made under a Rule 10b5-1 trading plan.