DoorDash (DASH) CFO sells 19,505 shares to cover RSU tax obligations
Rhea-AI Filing Summary
DoorDash, Inc. chief financial officer Ravi Inukonda reported a tax‑related share sale. On the reported date, he sold 19,505 shares of Class A common stock in an open-market transaction at an average price of $155.588 per share to cover tax obligations tied to vesting restricted stock units.
Following the sale, Inukonda holds 267,470 shares of DoorDash Class A common stock directly. An additional 89,507 shares are held indirectly through The RK Trust U/A DTD 03/11/2024, for which he and his spouse serve as co‑trustees.
Positive
- None.
Negative
- None.
Insights
CFO’s sale is tied to RSU tax withholding and appears routine in scale.
The filing shows DoorDash CFO Ravi Inukonda sold 19,505 Class A shares at $155.588 per share. A footnote explains the shares were sold to cover tax obligations from vesting restricted stock units (RSUs), a common, largely mechanical aspect of equity compensation.
After this transaction, he still holds 267,470 shares directly and 89,507 shares indirectly via The RK Trust, so the sale represents a small portion of his visible stake. Because the motivation is tax coverage rather than discretionary portfolio changes, this event typically carries limited informational value for assessing his view of DoorDash’s prospects.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 19,505 | $155.588 | $3.03M |
| holding | Class A Common Stock | -- | -- | -- |
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.
Key Figures
Key Terms
restricted stock units (RSUs) financial
open-market sale financial
tax obligations financial
Class A Common Stock financial
co-trustees financial
FAQ
What insider transaction did DoorDash (DASH) CFO Ravi Inukonda report?
DoorDash CFO Ravi Inukonda reported selling 19,505 shares of Class A common stock. The shares were sold at an average price of $155.588 per share to cover tax obligations arising from the vesting of restricted stock units, according to the filing’s footnote.