DASH Form 4: CFO Reports RSU Tax-Withholding Sales of 16,417 Shares
Rhea-AI Filing Summary
Ravi Inukonda, Chief Financial Officer of DoorDash (DASH), reported sales of Class A common stock on 08/20/2025 to cover tax withholding related to RSU vesting. The Form 4 shows two open-market sale transactions: 15,944 shares at $238.098 and 473 shares at $241.171, totaling 16,417 shares sold. After these disposals the reporting person directly beneficially owned 228,488–228,961 Class A shares (records show certain shares represented by RSUs). Separately, 113,882 shares are held indirectly in The RK Trust for which the reporting person and spouse are co-trustees. The filing was signed by power of attorney on 08/22/2025.
Positive
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Negative
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Insights
TL;DR: Routine tax-cover sale of vested RSUs by the CFO; holding remains materially concentrated via direct and trust ownership.
The transactions disclosed are routine: 16,417 Class A shares sold on 08/20/2025 at prices near $238–$241 to satisfy tax obligations from RSU vesting. Such sales to cover withholding are standard compensation-related liquidity events and do not, by themselves, indicate a change in company outlook. The reporting person retains substantial exposure with roughly 228k shares directly and 113,882 shares held indirectly in a trust co-managed by the reporting person, preserving alignment with shareholders.
TL;DR: Disclosure is timely and follows expected SEC reporting conventions for insider RSU-related sales.
The Form 4 provides required detail on transaction dates, share counts and prices and includes an explanatory footnote that sales were to cover tax obligations upon RSU vesting. The presence of an indirect holding via The RK Trust and continued direct ownership suggests no significant change in governance exposure. The filing executed by power of attorney indicates administrative handling but contains the necessary attestations.