DoorDash (NYSE: DASH) CAO sells shares and exercises stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoorDash, Inc. chief accounting officer Gordon S. Lee reported an option exercise and share sale. He exercised stock options to acquire 2,000 shares of Class A common stock at $17.57 per share and sold 2,204 shares in an open-market transaction at $160.79 per share.
Following these transactions, he directly holds 89,447 Class A shares. The filing notes that the sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on June 3, 2025, indicating the timing was set in advance rather than opportunistic. The exercised options were fully vested and immediately exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,204 shares ($354,381)
Net Sell
3 txns
Insider
Lee Gordon S
Role
CHIEF ACCOUNTING OFFICER
Sold
2,204 shs ($354K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 2,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,000 | $17.57 | $35K |
| Sale | Class A Common Stock | 2,204 | $160.79 | $354K |
Holdings After Transaction:
Stock Option (right to buy) — 6,500 shares (Direct, null);
Class A Common Stock — 91,651 shares (Direct, null)
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 June 3, 2025. The shares underlying the option are fully vested and immediately exercisable.
Key Figures
Shares sold: 2,204 shares
Sale price: $160.79 per share
Options exercised: 2,000 shares
+2 more
5 metrics
Shares sold
2,204 shares
Class A common stock sale on May 22, 2026
Sale price
$160.79 per share
Average price for 2,204 shares sold
Options exercised
2,000 shares
Stock option exercise on May 22, 2026
Option exercise price
$17.57 per share
Strike price for exercised stock options
Post-transaction holdings
89,447 shares
Direct Class A common stock after transactions
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, Stock Option (right to buy)
3 terms
Rule 10b5-1 trading plan financial
"The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units financial
"Certain of these securities are represented by Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Option (right to buy) financial
"Security title is listed as Stock Option (right to buy) with underlying Class A Common Stock."
FAQ
What insider transactions did DoorDash (DASH) report for Gordon S. Lee?
DoorDash chief accounting officer Gordon S. Lee exercised stock options for 2,000 Class A shares and sold 2,204 shares in the open market. These transactions occurred on May 22, 2026, and were reported on a Form 4 insider filing.
What happened to Gordon S. Lee’s DoorDash (DASH) stock options in this filing?
He exercised stock options covering 2,000 shares of DoorDash Class A common stock at $17.57 per share. A footnote explains these option shares were fully vested and immediately exercisable at the time of the transaction on May 22, 2026.