STOCK TITAN

DoorDash (DASH) president Adarkar exercises options and sells 24,760 shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

DoorDash, Inc. President and COO Prabir Adarkar reported mixed insider activity in Class A common stock. On February 24, 2026, he exercised a stock option for 10,000 shares at an exercise price of $7.16 per share, converting a derivative award into common stock. The same day, he sold a total of 24,760 shares of Class A common stock in multiple open-market transactions under a pre-arranged Rule 10b5-1 trading plan adopted on June 3, 2025. Following these transactions, he directly held 843,678 shares of Class A common stock and 73,550 stock options that are fully vested and immediately exercisable.

Positive

  • None.

Negative

  • None.
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 CA 94107

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/24/2026 M 10,000 A $7.16 868,438(1) D
Class A Common Stock 02/24/2026 S(2) 560 D $161.803(3) 867,878(1) D
Class A Common Stock 02/24/2026 S(2) 650 D $162.937(4) 867,228(1) D
Class A Common Stock 02/24/2026 S(2) 4,930 D $164.397(5) 862,298(1) D
Class A Common Stock 02/24/2026 S(2) 8,853 D $165.313(6) 853,445(1) D
Class A Common Stock 02/24/2026 S(2) 7,578 D $166.101(7) 845,867(1) D
Class A Common Stock 02/24/2026 S(2) 595 D $167.177(8) 845,272(1) D
Class A Common Stock 02/24/2026 S(2) 365 D $168.271(9) 844,907(1) D
Class A Common Stock 02/24/2026 S(2) 709 D $169.238(10) 844,198(1) D
Class A Common Stock 02/24/2026 S(2) 160 D $170.878(11) 844,038(1) D
Class A Common Stock 02/24/2026 S(2) 360 D $171.584(12) 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 02/24/2026 M 10,000 (13) 10/09/2028 Class A Common Stock 10,000 $0 73,550 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 $161.47 to $162.23 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 $162.60 to $163.51 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. This sale price represents the weighted average sale price of the shares sold ranging from $163.72 to $164.71 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.
6. This sale price represents the weighted average sale price of the shares sold ranging from $164.73 to $165.72 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.
7. This sale price represents the weighted average sale price of the shares sold ranging from $165.73 to $166.71 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.
8. This sale price represents the weighted average sale price of the shares sold ranging from $166.75 to $167.74 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.
9. This sale price represents the weighted average sale price of the shares sold ranging from $167.80 to $168.78 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.
10. This sale price represents the weighted average sale price of the shares sold ranging from $168.88 to $169.68 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.
11. This sale price represents the weighted average sale price of the shares sold ranging from $170.29 to $171.27 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.
12. This sale price represents the weighted average sale price of the shares sold ranging from $171.30 to $172.22 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.
13. The shares underlying the option are fully vested and immediately exercisable.
/s/ Christina Whittaker, by power of attorney 02/26/2026
** 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.

FAQ

What did DoorDash (DASH) President and COO Prabir Adarkar report in this Form 4?

Prabir Adarkar reported exercising a stock option for 10,000 shares and selling 24,760 shares of DoorDash Class A stock. These trades occurred on February 24, 2026 and are disclosed as direct ownership transactions in the filing.

How many DoorDash (DASH) shares did Prabir Adarkar sell in this transaction?

He sold a total of 24,760 shares of DoorDash Class A common stock in multiple open-market trades. Individual transactions ranged from small blocks of 160 shares up to 8,853 shares, each with its own reported sale price per share.

At what prices did Prabir Adarkar’s DoorDash (DASH) stock sales occur?

Reported sale prices per share include amounts such as $161.803, $162.937, $164.397, $165.313, and up to $171.584. Several trades are described as weighted-average prices over narrower intraday ranges, as detailed in the accompanying footnotes.

Did Prabir Adarkar exercise stock options for DoorDash (DASH) shares?

Yes. He exercised a stock option for 10,000 shares of DoorDash Class A common stock at an exercise price of $7.16 per share. The filing notes that the optioned shares are fully vested and immediately exercisable as of this transaction.

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

After the reported trades, he directly holds 843,678 shares of DoorDash Class A common stock. He also holds 73,550 stock options, which the filing states are fully vested and immediately exercisable, reflecting his remaining derivative equity position.

Were Prabir Adarkar’s DoorDash (DASH) stock sales under a trading plan?

Yes. The filing states that the sales were executed under a Rule 10b5-1 trading plan adopted on June 3, 2025. Such plans allow insiders to pre-schedule trades, helping separate personal trading decisions from non-public information.
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