DoorDash (NYSE: DASH) GC granted 51,740 RSUs vesting over four years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sherringham Tia reported acquisition or exercise transactions in this Form 4 filing.
DoorDash, Inc. reported that its General Counsel and Secretary, Tia Sherringham, received a grant of 51,740 shares of Class A Common Stock in the form of restricted stock units (RSUs). The award increases her direct holdings to 138,649 shares after the transaction.
The RSUs will vest in equal quarterly installments over a four-year period beginning on February 20, 2026, and each vesting event requires that she continue as a service provider through the applicable date. This structure ties the equity award to ongoing service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sherringham Tia
Role
GENERAL COUNSEL AND SECRETARY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 51,740 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 138,649 shares (Direct, null)
Footnotes (1)
- The reported shares are represented by restricted stock units ("RSUs"). The RSUs will vest in equal quarterly installments over a four year period beginning on February 20, 2026, subject to the Reporting Person continuing to be a Service Provider through each such date. Certain of these securities are represented by RSUs.
Key Figures
RSU grant: 51,740 shares
Post-transaction holdings: 138,649 shares
Vesting period: 4 years, quarterly
3 metrics
RSU grant
51,740 shares
Restricted stock units representing Class A Common Stock granted to Tia Sherringham
Post-transaction holdings
138,649 shares
Total Class A Common Stock directly held by Tia Sherringham after the grant
Vesting period
4 years, quarterly
RSUs vest in equal quarterly installments over four years starting February 20, 2026
Key Terms
restricted stock units ("RSUs"), Service Provider, grant, award, or other acquisition
3 terms
restricted stock units ("RSUs") financial
"The reported shares are represented by restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Service Provider financial
"subject to the Reporting Person continuing to be a Service Provider through each such date."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did DoorDash (DASH) report for Tia Sherringham?
DoorDash reported that General Counsel and Secretary Tia Sherringham received a grant of 51,740 shares of Class A Common Stock as restricted stock units. The award is a compensation-related acquisition, not an open-market purchase or sale, and is structured to vest over time.
How do Tia Sherringham’s RSUs at DoorDash (DASH) vest?
The 51,740 DoorDash RSUs granted to Tia Sherringham vest in equal quarterly installments over four years beginning on February 20, 2026. Each vesting installment requires that she continue to be a service provider to the company through the relevant vesting date.
Is the DoorDash (DASH) Form 4 for Tia Sherringham a market buy or sell?
The Form 4 for Tia Sherringham reports a grant of restricted stock units, classified as a grant, award, or other acquisition. It is a compensation-related equity award at no stated purchase price, not an open-market stock purchase or sale transaction in DoorDash shares.
What type of security was granted to Tia Sherringham by DoorDash (DASH)?
DoorDash granted Tia Sherringham restricted stock units representing shares of its Class A Common Stock. The filing notes that the reported shares are represented by RSUs, with certain securities specifically identified as RSUs subject to a multi-year quarterly vesting schedule tied to continued service.