DoorDash (NYSE: DASH) CFO share sale covers RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoorDash, Inc. Chief Financial Officer Ravi Inukonda reported an open-market sale of 15,443 shares of Class A common stock at an average price of $175.496 per share on February 20, 2026. The filing notes the shares were sold to cover tax obligations from vesting restricted stock units.
After this sale, Inukonda directly owns 192,969 shares of DoorDash. He also has indirect ownership of 89,507 shares held by The RK Trust U/A DTD 03/11/2024, for which he and his spouse serve as co-trustees.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,443 shares ($2,710,185)
Net Sell
2 txns
Insider
Inukonda Ravi
Role
CHIEF FINANCIAL OFFICER
Sold
15,443 shs ($2.71M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 15,443 | $175.496 | $2.71M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 192,969 shares (Direct);
Class A Common Stock — 89,507 shares (Indirect, See footnote)
Footnotes (1)
- Shares sold to cover tax obligations in connection with the vesting of restricted stock units ("RSUs"). Certain of these securities are represented by RSUs. The shares are held by The RK Trust U/A DTD 03/11/2024 for which the Reporting Person and his spouse serve as co-trustees.
FAQ
What insider transaction did DoorDash (DASH) report for Ravi Inukonda?
DoorDash reported that CFO Ravi Inukonda sold 15,443 shares of Class A common stock. The shares were sold in the open market and are described as being used to cover tax obligations from vesting restricted stock units.
What indirect DoorDash holdings are reported for CFO Ravi Inukonda?
The filing shows 89,507 DoorDash Class A shares held indirectly through The RK Trust U/A DTD 03/11/2024. Ravi Inukonda and his spouse serve as co-trustees of this trust, which holds the shares on an indirect basis.
What type of security did the DoorDash CFO sell in this Form 4?
The transaction involved DoorDash Class A Common Stock. The Form 4 describes it as a non-derivative security, distinct from options or other derivatives, and links the sale to tax obligations from vesting restricted stock units.