DoorDash (NYSE: DASH) COO exercises options and sells 10,000 shares

Rhea-AI Filing Summary

DoorDash, Inc. president and COO Prabir Adarkar exercised stock options and sold shares in a planned transaction. On Class A Common Stock, he exercised options for 10,000 shares at a conversion price of $7.16 per share, then sold 5,721 shares at a weighted average price of $158.698 and 4,279 shares at $159.344 in open-market sales. These transactions were carried out under a Rule 10b5-1 trading plan adopted on June 3, 2025. Following the sales, he directly holds 843,678 shares of Class A Common Stock and 63,550 stock options that are fully vested and immediately exercisable.

Insights

Equity compensation and insider trading analyst

Routine option exercise and 10b5-1 sale with sizable remaining stake.

DoorDash’s president and COO, Prabir Adarkar, exercised stock options for 10,000 Class A shares at a conversion price of $7.16, then sold the same number of shares in open-market transactions around $159 per share.

The filing notes that these sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 3, 2025, indicating they were scheduled in advance rather than timed opportunistically. After the transactions, he still holds 843,678 shares directly plus 63,550 fully vested options.

The combination of an option exercise with same-day sales is typical for monetizing part of equity compensation while retaining a substantial ownership position. From the data provided, this appears to be a routine liquidity event rather than a transformational change in insider alignment.

Insider Trade Summary 10b5-1

Net Seller: 10,000 shares ($1,589,744)

Net Sell 4 txns

Insider Adarkar Prabir

Role PRESIDENT AND COO

Sold 10,000 shs ($1.59M)

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy)	10,000	$0.00	--
Exercise	Class A Common Stock	10,000	$7.16	$72K
Sale	Class A Common Stock	5,721	$158.698	$908K
Sale	Class A Common Stock	4,279	$159.344	$682K

Holdings After Transaction: Stock Option (right to buy) — 63,550 shares (Direct); Class A Common Stock — 853,678 shares (Direct)

Footnotes (1)

1. Certain of these securities are represented by Restricted Stock Units. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025. This sale price represents the weighted average sale price of the shares sold ranging from $158.20 to $159.19 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. This sale price represents the weighted average sale price of the shares sold ranging from $159.20 to $160.00 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. The shares underlying the option are fully vested and immediately exercisable.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Adarkar Prabir

(Last) (First) (Middle)

303 2ND STREET, SOUTH TOWER

8TH FLOOR

(Street)

SAN FRANCISCO CALIFORNIA 94107

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DoorDash, Inc. [ DASH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT AND COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/23/2026		M		10,000	A	$7.16	853,678(1)	D
Class A Common Stock	03/23/2026		S(2)		5,721	D	$158.698(3)	847,957(1)	D
Class A Common Stock	03/23/2026		S(2)		4,279	D	$159.344(4)	843,678(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$7.16	03/23/2026		M			10,000	(5)	10/09/2028	Class A Common Stock	10,000	$0	63,550	D

Explanation of Responses:

1. Certain of these securities are represented by Restricted Stock Units.

2. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025.

3. This sale price represents the weighted average sale price of the shares sold ranging from $158.20 to $159.19 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

4. This sale price represents the weighted average sale price of the shares sold ranging from $159.20 to $160.00 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

5. The shares underlying the option are fully vested and immediately exercisable.

	/s/ Kimberly Hackman, by power of attorney	03/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did DoorDash (DASH) president Prabir Adarkar report?

Prabir Adarkar reported exercising stock options for 10,000 Class A shares and selling 10,000 shares in open-market transactions. The sales occurred in two blocks, at weighted average prices of $158.698 and $159.344 per share, according to the Form 4 filing.

How many DoorDash (DASH) shares did Prabir Adarkar sell and at what prices?

He sold 5,721 Class A shares at a weighted average price of $158.698 and 4,279 shares at $159.344. The filing explains these prices reflect ranges between $158.20–$160.00 per share, with detailed trade breakdowns available upon request from the reporting person.

Were Prabir Adarkar’s DoorDash (DASH) share sales under a Rule 10b5-1 plan?

Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025. Such pre-arranged plans schedule trades in advance, reducing the significance of day-to-day market timing decisions by the insider.

How many DoorDash (DASH) shares does Prabir Adarkar own after these transactions?

After the reported trades, Prabir Adarkar directly holds 843,678 shares of DoorDash Class A Common Stock. He also holds 63,550 stock options that are fully vested and immediately exercisable, according to the ownership figures disclosed in the Form 4 filing.

What stock options did Prabir Adarkar exercise in this DoorDash (DASH) Form 4?

He exercised a stock option covering 10,000 shares of Class A Common Stock at a conversion or exercise price of $7.16 per share. The filing notes the underlying optioned shares are fully vested and immediately exercisable, with the option expiring on October 9, 2028.

Is Prabir Adarkar’s DoorDash (DASH) transaction mainly a sale or an option exercise?

The transaction combines both: an exercise of options for 10,000 shares and open-market sales totaling 10,000 shares. Net, it functions as an exercise-and-sell event, monetizing part of his equity compensation while leaving a large remaining share and option position.