STOCK TITAN

DoorDash (DASH) president sells 21,739 shares under 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

DoorDash, Inc. president and COO Prabir Adarkar reported a mix of stock sales and an option exercise. On May 26, 2026, he sold a total of 21,739 shares of Class A common stock in multiple open-market transactions at prices generally between about $153.92 and $161.05 per share. He also exercised stock options covering 10,000 shares at an exercise price of $7.16 per share, increasing his direct holdings. After these transactions, he directly held 980,815 shares of Class A common stock and 43,550 stock options. The company notes the sales were effected under a Rule 10b5-1 trading plan adopted on June 3, 2025, indicating they were pre-scheduled rather than discretionary.

Positive

  • None.

Negative

  • None.

Insights

Routine 10b5-1 option exercise and net share sale with sizable stake retained.

DoorDash’s president and COO, Prabir Adarkar, exercised options for 10,000 shares at an exercise price of $7.16 and sold 21,739 shares of Class A common stock in open-market trades on May 26, 2026. All reported trades are coded as sales or derivative exercises.

The filing states the sales were made under a Rule 10b5-1 trading plan adopted on June 3, 2025, suggesting a pre-arranged schedule rather than opportunistic timing. After these moves, he still holds 980,815 shares directly, plus 43,550 stock options, indicating a substantial continuing equity position.

This combination fits a common pattern where executives periodically exercise vested options and sell a portion of shares for liquidity while maintaining large ongoing exposure. The filing does not provide comparisons to prior holdings or any change in role or company outlook, so the informational impact is limited.

Insider Adarkar Prabir
Role PRESIDENT AND COO
Sold 21,739 shs ($3.38M)
Type Security Shares Price Value
Exercise Stock Option (right to buy) 10,000 $0.00 --
Exercise Class A Common Stock 10,000 $7.16 $72K
Sale Class A Common Stock 6,428 $153.917 $989K
Sale Class A Common Stock 9,210 $155.255 $1.43M
Sale Class A Common Stock 3,900 $156.102 $609K
Sale Class A Common Stock 900 $157.023 $141K
Sale Class A Common Stock 1,300 $158.066 $205K
Sale Class A Common Stock 1 $161.05 $161.05
Holdings After Transaction: Stock Option (right to buy) — 43,550 shares (Direct, null); Class A Common Stock — 980,815 shares (Direct, null)
Footnotes (1)
  1. Certain of these securities are represented by Restricted Stock Units. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025. This sale price represents the weighted average sale price of the shares sold ranging from $153.52 to $154.44 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. This sale price represents the weighted average sale price of the shares sold ranging from $154.63 to $155.61 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. This sale price represents the weighted average sale price of the shares sold ranging from $155.63 to $156.55 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. This sale price represents the weighted average sale price of the shares sold ranging from $156.63 to $157.60 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. This sale price represents the weighted average sale price of the shares sold ranging from $157.68 to $158.39 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 underlying the option are fully vested and immediately exercisable.
Shares sold 21,739 shares Total Class A shares sold on May 26, 2026
Option shares exercised 10,000 shares Class A shares from stock option exercise on May 26, 2026
Exercise price $7.16 per share Stock option exercise price for 10,000 shares
Highest reported sale price $161.05 per share Open-market sale price for 1 share of Class A stock
Post-transaction holdings 980,815 shares Direct Class A common stock held after transactions
Remaining stock options 43,550 options Stock options outstanding after the derivative transaction
Rule 10b5-1 trading plan regulatory
"The sales reported by the Reporting Person were 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: Stock Option (right to buy)"
weighted average sale price financial
"This sale price represents the weighted average sale price of the shares sold ranging from $153.52 to $154.44 per share."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Adarkar Prabir

(Last)(First)(Middle)
303 2ND STREET, SOUTH TOWER
8TH FLOOR

(Street)
SAN FRANCISCO CALIFORNIA 94107

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DoorDash, Inc. [ DASH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
PRESIDENT AND COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock05/26/2026M10,000A$7.16980,815(1)D
Class A Common Stock05/26/2026S(2)6,428D$153.917(3)974,387(1)D
Class A Common Stock05/26/2026S(2)9,210D$155.255(4)965,177(1)D
Class A Common Stock05/26/2026S(2)3,900D$156.102(5)961,277(1)D
Class A Common Stock05/26/2026S(2)900D$157.023(6)960,377(1)D
Class A Common Stock05/26/2026S(2)1,300D$158.066(7)959,077(1)D
Class A Common Stock05/26/2026S(2)1D$161.05959,076(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$7.1605/26/2026M10,000 (8)10/09/2028Class A Common Stock10,000$043,550D
Explanation of Responses:
1. Certain of these securities are represented by Restricted Stock Units.
2. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025.
3. This sale price represents the weighted average sale price of the shares sold ranging from $153.52 to $154.44 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.
4. This sale price represents the weighted average sale price of the shares sold ranging from $154.63 to $155.61 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.
5. This sale price represents the weighted average sale price of the shares sold ranging from $155.63 to $156.55 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.
6. This sale price represents the weighted average sale price of the shares sold ranging from $156.63 to $157.60 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.
7. This sale price represents the weighted average sale price of the shares sold ranging from $157.68 to $158.39 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.
8. The shares underlying the option are fully vested and immediately exercisable.
/s/ Christina Whittaker, by power of attorney05/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did DoorDash (DASH) president Prabir Adarkar report?

Prabir Adarkar reported open-market sales of 21,739 DoorDash Class A shares and an option exercise for 10,000 shares on May 26, 2026. These trades combined a derivative exercise with a net reduction in directly held stock.

At what prices did Prabir Adarkar sell DoorDash (DASH) shares in this Form 4?

The reported DoorDash sales occurred at prices generally between about $153.92 and $161.05 per share. Several trades use weighted average sale prices, with detailed price breakdowns available upon request from the reporting person or company.

How many DoorDash (DASH) shares does Prabir Adarkar hold after the reported transactions?

Following the May 26, 2026 transactions, Prabir Adarkar directly holds 980,815 shares of DoorDash Class A common stock. He also holds 43,550 stock options, whose underlying shares are fully vested and immediately exercisable according to the disclosure.

Did Prabir Adarkar exercise stock options in the latest DoorDash (DASH) Form 4?

Yes. He exercised stock options covering 10,000 shares of DoorDash Class A common stock at an exercise price of $7.16 per share. The filing notes that the shares underlying the option are fully vested and immediately exercisable before this transaction.

Were Prabir Adarkar’s DoorDash (DASH) share sales made under a Rule 10b5-1 plan?

The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025. Such plans pre-schedule trades, indicating these sales followed a preset program rather than being timed at the executive’s discretion.

What is the overall share impact of Prabir Adarkar’s DoorDash (DASH) transactions?

He sold 21,739 DoorDash shares and exercised options for 10,000 shares, resulting in a net share reduction but ongoing large holdings. After the activity, he still directly owns 980,815 shares plus 43,550 outstanding stock options, showing continued exposure.