DoorDash (NYSE: DASH) CFO sells 1,017 shares in planned trade
Rhea-AI Filing Summary
DoorDash, Inc. CFO Ravi Inukonda reported an option exercise and same-day sale of company stock. On August 13, 2026, he exercised a stock option for 1,017 shares of Class A Common Stock at an exercise price of $7.66 per share, from an option that is fully vested and immediately exercisable and now shows 4,064 derivative shares remaining. He then sold 1,017 shares of Class A Common Stock at $213.67 per share pursuant to a Rule 10b5-1 trading plan adopted on September 2, 2025. In addition to his direct holdings, 89,507 shares of Class A Common Stock are held indirectly through The RK Trust, for which he and his spouse serve as co-trustees.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 1,017 shares ($210K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Inukonda Ravi
Role
CHIEF FINANCIAL OFFICER
Sold
1,017 shs ($217K)
Approx. gross sale proceeds
$217K
Approx. exercise cost
$8K
Approx. pre-tax spread
$210K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F4 | 1,017 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 1,017 | $7.66 | $8K |
| Sale | Class A Common Stock F2, F1 | 1,017 | $213.67 | $217K |
| holding | Class A Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 4,064 shares (Direct);
Class A Common Stock — 252,443 shares (Direct);
Class A Common Stock — 89,507 shares (Indirect, See footnote)
Footnotes (4)
- F1. Certain of these securities are represented by Restricted Stock Units.
- F2. The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted on September 2, 2025.
- F3. The shares are held by The RK Trust U/A DTD 03/11/2024 for which the Reporting Person and his spouse serve as co-trustees.
- F4. The shares underlying the option are fully vested and immediately exercisable.
Key Figures
Options Exercised: 1,017 shares
Option Exercise Price: $7.66 per share
Sale Shares: 1,017 shares
+4 more
7 metrics
Options Exercised
1,017 shares
Stock option for Class A Common Stock exercised on August 13, 2026
Option Exercise Price
$7.66 per share
Exercise price of stock option underlying 1,017 shares
Sale Shares
1,017 shares
Class A Common Stock sold on August 13, 2026
Sale Price
$213.67 per share
Per-share price for 1,017 Class A Common shares sold
Options Remaining After Exercise
4,064 shares
Total derivative shares following the option exercise
Indirect Trust Holdings
89,507 shares
Class A Common Stock held by The RK Trust U/A DTD 03/11/2024
Option Expiration Date
2028-12-17
Expiration date of the exercised stock option
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, co-trustees
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan"
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.
co-trustees financial
"for which the Reporting Person and his spouse serve as co-trustees."
FAQ
What did DoorDash (DASH) CFO Ravi Inukonda report in this Form 4?
Ravi Inukonda reported exercising 1,017 options at $7.66 and selling 1,017 shares of DoorDash Class A Common Stock at $213.67 on August 13, 2026, under a pre-arranged Rule 10b5-1 trading plan.
What stock options did the DoorDash (DASH) CFO exercise in this filing?
He exercised a stock option covering 1,017 shares of Class A Common Stock at an exercise price of $7.66 per share. The option is fully vested, immediately exercisable, and has an expiration date of December 17, 2028 with 4,064 derivative shares remaining.
Was the DoorDash (DASH) CFO’s stock sale made under a Rule 10b5-1 plan?
Yes. The sale of 1,017 shares on August 13, 2026 was effected pursuant to a Rule 10b5-1 trading plan that Ravi Inukonda adopted on September 2, 2025, indicating the trades were pre-arranged.
Does the Form 4 mention Restricted Stock Units for DoorDash (DASH) CFO Ravi Inukonda?
Yes. A footnote states that certain of the reported securities are represented by Restricted Stock Units (RSUs). This means a portion of the reported equity holdings reflects RSUs rather than only traditional shares acquired in open-market transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.