DoorDash president exercises options, sells 24,760 shares
DoorDash, Inc. President and COO Prabir Adarkar reported mixed insider activity in Class A common stock.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 10,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 10,000 | $7.16 | $72K |
| Sale | Class A Common Stock | 560 | $161.803 | $91K |
| Sale | Class A Common Stock | 650 | $162.937 | $106K |
| Sale | Class A Common Stock | 4,930 | $164.397 | $810K |
| Sale | Class A Common Stock | 8,853 | $165.313 | $1.46M |
| Sale | Class A Common Stock | 7,578 | $166.101 | $1.26M |
| Sale | Class A Common Stock | 595 | $167.177 | $99K |
| Sale | Class A Common Stock | 365 | $168.271 | $61K |
| Sale | Class A Common Stock | 709 | $169.238 | $120K |
| Sale | Class A Common Stock | 160 | $170.878 | $27K |
| Sale | Class A Common Stock | 360 | $171.584 | $62K |
Footnotes (13)
- F1. Certain of these securities are represented by Restricted Stock Units.
- F2. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. 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.
- F12. 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.
- F13. The shares underlying the option are fully vested and immediately exercisable.
FAQ
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What did DoorDash (DASH) President and COO Prabir Adarkar report in this Form 4?
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Were Prabir Adarkar’s DoorDash (DASH) stock sales under a trading plan?
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