DASH Form 4: Chief Business Officer Disposes 18,034 Class A Shares
Rhea-AI Filing Summary
DoorDash, Inc. (DASH) insider sale by Chief Business Officer Keith Yandell. The filing reports a series of open-market dispositions executed on 09/02/2025 under a Rule 10b5-1 trading plan adopted on 09/06/2024. The reporting person sold a total of 18,034 Class A common shares across five transactions, with weighted-average sale prices for each lot reported in ranges from $238.32–$244.58 per share. After these sales, the reporting person beneficially owns 75,432 Class A shares directly. Certain shares sold were represented by restricted stock units. The filing was signed by power of attorney on 09/04/2025.
Positive
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Negative
- None.
Insights
TL;DR: Routine scheduled sales under a 10b5-1 plan totaled 18,034 shares, leaving 75,432 shares held.
The transactions are explicitly described as sales effected pursuant to a Rule 10b5-1 trading plan adopted 09/06/2024. The form lists five separate dispositions on 09/02/2025 with weighted-average sale-price ranges provided for each lot, indicating execution across multiple price points between $238.32 and $244.58. The reporting person’s post-transaction holding is 75,432 Class A shares, and some disposed shares were RSUs. From a financial reporting perspective these are routine insider liquidity events documented to preserve the affirmative defense under Rule 10b5-1; no other operational or financial metrics are included in this filing to change an investment thesis.
TL;DR: Insider sales were pre-planned under a 10b5-1 plan; disclosure is complete for the reported transactions.
The Form 4 clearly discloses the relationship of the reporting person as an officer (Chief Business Officer) and indicates the trades were made pursuant to a 10b5-1 plan adopted on 09/06/2024. The filing provides weighted-average sale-price ranges for each lot and confirms that certain securities involved were restricted stock units. The document is signed by an attorney-in-fact, with the required certification language. There are no indications in this filing of undisclosed related-party transactions, option exercises, or derivative activity; it is a focused governance disclosure of scheduled sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 400 | $238.835 | $96K |
| Sale | Class A Common Stock | 2,337 | $241.194 | $564K |
| Sale | Class A Common Stock | 3,000 | $242.342 | $727K |
| Sale | Class A Common Stock | 5,298 | $243.548 | $1.29M |
| Sale | Class A Common Stock | 6,999 | $244.127 | $1.71M |
Footnotes (1)
- The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted on September 6, 2024. This sale price represents the weighted average sale price of the shares sold ranging from $238.32 to $239.02 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. Certain of these securities are represented by restricted stock units. This sale price represents the weighted average sale price of the shares sold ranging from $240.89 to $241.84 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 $241.91 to $242.90 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 $242.93 to $243.925 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 $243.93 to $244.58 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.