DoorDash (NYSE: DASH) counsel sells shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoorDash, Inc. General Counsel and Secretary Tia Sherringham reported an open-market sale of Class A common stock. On February 20, 2026, she sold 8,346 shares at an average price of $175.496 per share, in a transaction described as a sale in the open market or a private transaction.
According to the footnote, the shares were sold to cover tax obligations related to the vesting of restricted stock units. After this sale, she directly owned 90,672 shares of DoorDash Class A common stock, some of which are represented by RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,346 shares ($1,464,690)
Net Sell
1 txn
Insider
Sherringham Tia
Role
GENERAL COUNSEL AND SECRETARY
Sold
8,346 shs ($1.46M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 8,346 | $175.496 | $1.46M |
Holdings After Transaction:
Class A Common Stock — 90,672 shares (Direct)
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.
FAQ
What insider transaction did DoorDash (DASH) report for Tia Sherringham?
DoorDash reported that General Counsel and Secretary Tia Sherringham sold 8,346 shares of Class A common stock. The sale occurred on February 20, 2026, and was executed as an open-market or private transaction to address tax obligations from RSU vesting.
What role does Tia Sherringham hold at DoorDash (DASH) in this insider filing?
In this insider filing, Tia Sherringham is identified as DoorDash’s General Counsel and Secretary. Her position makes her a reporting officer under SEC rules, requiring public disclosure of transactions in DoorDash Class A common stock.
What transaction code is used in Tia Sherringham’s DoorDash Form 4 and what does it mean?
The transaction uses code “S,” which indicates a sale of securities in an open-market or private transaction. The Form 4 further clarifies that this specific sale was undertaken to satisfy tax obligations associated with restricted stock unit vesting.