DoorDash (DASH) CAO Gordon Lee receives 10,195 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lee Gordon S reported acquisition or exercise transactions in this Form 4 filing.
DoorDash, Inc. reported that its Chief Accounting Officer, Gordon S. Lee, received an award of 10,195 shares of Class A common stock represented by restricted stock units (RSUs). These RSUs were granted at $0.00 per share as part of compensation, not an open-market purchase.
The RSUs will vest quarterly over four years beginning on February 20, 2026, with 35.82% vesting equally over the first 8 quarters and 64.18% vesting equally over the following 8 quarters, subject to continued service. After this award, Lee directly holds 92,561 shares, including RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lee Gordon S
Role
CHIEF ACCOUNTING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 10,195 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 92,561 shares (Direct, null)
Footnotes (1)
- The reported shares are represented by restricted stock units ("RSUs"). The RSUs will vest in 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. The grant will vest a total of 35.82% divided equally over the first 8 quarters then a total of 64.18% divided equally over the second 8 quarters. Certain of these securities are represented by RSUs.
Key Figures
RSUs granted: 10,195 shares
Grant price: $0.00 per share
Holdings after grant: 92,561 shares
+3 more
6 metrics
RSUs granted
10,195 shares
Restricted stock units awarded to CAO Gordon S. Lee
Grant price
$0.00 per share
Equity compensation, not an open-market purchase
Holdings after grant
92,561 shares
Total direct Class A holdings including RSUs after transaction
Vesting start date
February 20, 2026
Quarterly vesting of RSUs begins on this date
First phase vesting
35.82%
Divided equally over the first 8 quarterly vesting dates
Second phase vesting
64.18%
Divided equally over the second 8 quarterly vesting dates
Key Terms
restricted stock units ("RSUs"), Service Provider, quarterly installments, grant/award acquisition, +1 more
5 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"
quarterly installments financial
"The RSUs will vest in quarterly installments over a four year period"
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did DoorDash (DASH) disclose in Gordon Lee’s latest Form 4?
DoorDash reported that Chief Accounting Officer Gordon S. Lee received an award of 10,195 RSUs of Class A common stock. The grant was at $0.00 per share as compensation and increased his direct holdings to 92,561 shares, including RSUs.
Is Gordon Lee’s DoorDash Form 4 transaction a stock purchase or a grant?
The filing shows a grant/award acquisition, not an open-market stock purchase. Code "A" indicates the 10,195 shares were granted as restricted stock units at $0.00 per share as part of compensation, rather than bought in the market.
How do Gordon Lee’s new DoorDash RSUs vest over time?
The 10,195 RSUs will vest in quarterly installments over four years starting on February 20, 2026. A total of 35.82% vests equally over the first eight quarters, and 64.18% vests equally over the second eight quarters, subject to continued service.
What does transaction code "A" mean in DoorDash insider filings like this one?
Transaction code "A" in this DoorDash Form 4 represents a grant, award, or other acquisition of securities. Here, it reflects the issuance of 10,195 RSUs to Gordon S. Lee as equity compensation, not a cash purchase or market trade.