DoorDash Board Member Blackburn Strengthens Stake with Latest Stock Award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoorDash director Jeffrey M. Blackburn acquired 1,164 restricted stock units (RSUs) on June 24, 2025, at a price of $0. Following this transaction, Blackburn now beneficially owns 6,116 shares directly.
Key transaction details:
- The RSUs will vest on either the one-year anniversary of the grant date or the day before the next annual shareholder meeting, whichever comes first
- Vesting is contingent on Blackburn remaining a service provider through the vesting date
- The Form 4 was filed by power of attorney through Kimberly Hackman on June 25, 2025
This grant appears to be part of standard director compensation, as Blackburn serves on DoorDash's Board of Directors but is not listed as a 10% owner or officer of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blackburn Jeffrey M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,164 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 6,116 shares (Direct)
Footnotes (1)
- Each share is represented by a restricted stock unit ("RSU"). The RSUs will vest on the earlier of (i) the one year anniversary of the grant date, or (ii) the day prior to the date of the Issuer's next annual meeting of shareholders, in each case subject to the Reporting Person continuing to be a service provider through the applicable vesting date. Certain of these securities are represented by RSUs.
FAQ
What is the vesting schedule for DASH RSUs granted to Jeffrey Blackburn?
The RSUs will vest on either (i) the one-year anniversary of the grant date or (ii) the day before DoorDash's next annual meeting of shareholders, whichever comes first. This is subject to Blackburn continuing to be a service provider through the applicable vesting date.
What is Jeffrey Blackburn's role at DoorDash (DASH)?
According to the Form 4 filing, Jeffrey Blackburn serves as a Director on DoorDash's Board of Directors. This is indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.