DoorDash (NYSE: DASH) CFO logs option exercise and 16,578-share sale
Rhea-AI Filing Summary
DoorDash, Inc. Chief Financial Officer Ravi Inukonda reported option exercises and share sales. On March 2, 2026, he exercised stock options for 1,017 shares at a price of $0.00 per share, receiving the same number of Class A shares at an exercise price of $7.66 per share, from options that were fully vested and immediately exercisable.
That same day, he sold 16,578 Class A shares in open-market transactions at a weighted average price of $175.164 per share, under a Rule 10b5-1 trading plan adopted on September 2, 2025. After these transactions, he held 177,408 Class A shares directly and 89,507 Class A shares indirectly through The RK Trust U/A DTD 03/11/2024, where he and his spouse serve as co-trustees.
Positive
- None.
Negative
- None.
Insights
CFO executes pre-planned sale alongside a small option exercise, resulting in net share reduction.
The filing shows Ravi Inukonda, DoorDash’s Chief Financial Officer, exercising options for 1,017 shares and selling 16,578 Class A shares on March 2, 2026. The option was fully vested and immediately exercisable, which is typical for ongoing equity compensation programs.
The sale was carried out under a Rule 10b5-1 trading plan adopted on September 2, 2025, suggesting it was pre-scheduled rather than opportunistic. Shares were sold at a weighted average price of $175.164, with detailed price breakdowns available on request.
After the transactions, Inukonda’s direct holdings stood at 177,408 shares, and the filing also notes 89,507 shares held indirectly through The RK Trust where he and his spouse are co-trustees. Overall, the activity results in a net reduction of directly held shares, but remains consistent with routine executive diversification and compensation practices.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 1,017 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,017 | $7.66 | $8K |
| Sale | Class A Common Stock | 16,578 | $175.164 | $2.90M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Certain of these securities are represented by Restricted Stock Units. The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted on September 2, 2025. This sale price represents the weighted average sale price of the shares sold ranging from $175.00 to $175.64 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. 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. The shares underlying the option are fully vested and immediately exercisable.