[Form 4] DoorDash, Inc. Insider Trading Activity
DoorDash CFO reporting changes in beneficial ownership on 09/24/2025. The Form 4 shows the reporting person acquired 800 shares via an option exercise at a reported option price of $7.66 and sold 1,425 shares at $266.16. The filing reports beneficial ownership figures of 216,197 shares following the option exercise and 214,772 shares following the sale. It also discloses 113,882 shares held indirectly through a trust for which the reporting person and spouse are co-trustees.
The sale was effected pursuant to a Rule 10b5-1 trading plan adopted August 16, 2024, and the option shares underlying the exercise are stated as fully vested and immediately exercisable.
- Sale executed under a Rule 10b5-1 trading plan, providing prearranged timing and compliance context
- Options underlying the exercised shares are fully vested and immediately exercisable
- Indirect holdings disclosed (113,882 shares held in a trust with reporting person as co-trustee), enhancing transparency
- None.
Insights
TL;DR: Routine insider transactions: option exercise and a planned sale under a 10b5-1 plan; modest net change in reported holdings.
The Form 4 discloses an option exercise of 800 shares at an option price of $7.66 and a contemporaneous sale of 1,425 shares at $266.16, with post-transaction beneficial ownership reported at 216,197 and 214,772 shares respectively. The sale is explicitly tied to a Rule 10b5-1 plan adopted August 16, 2024, which indicates the disposition was prearranged. The filing also identifies 113,882 shares held indirectly in a trust where the reporting person is a co-trustee. These are straightforward disclosures without additional qualifiers or material company-level financial data.
TL;DR: Disclosure is clear and includes compliance detail; transaction structure (10b5-1 and vested options) reduces concerns about opportunistic timing.
The report specifies that the sale was effected under a Rule 10b5-1 trading plan and that the option shares are fully vested and exercisable. Those details improve transparency around timing and intent. The filing includes indirect holdings via a trust and is signed by a power of attorney, indicating standard procedural compliance. No adverse governance events or unexplained transfers are shown in this filing.