DoorDash (DASH) CBO Keith Yandell sells shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoorDash, Inc. executive Keith Yandell reported a small tax-related share sale. The Chief Business Officer sold 4,227 shares of DoorDash Class A common stock at an average price of $155.588 per share to cover tax obligations tied to vesting restricted stock units. After this transaction, he continues to hold 83,749 shares directly, indicating the filing reflects routine tax withholding rather than a significant change in his overall ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,227 shares ($657,670)
Net Sell
1 txn
Insider
Yandell Keith
Role
CHIEF BUSINESS OFFICER
Sold
4,227 shs ($658K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,227 | $155.588 | $658K |
Holdings After Transaction:
Class A Common Stock — 83,749 shares (Direct, null)
Footnotes (1)
- Shares sold to cover tax obligations in connection with the vesting of restricted stock units ("RSUs"). Certain of these securities are represented by RSUs.
Key Figures
Shares sold: 4,227 shares
Sale price per share: $155.588 per share
Shares held after transaction: 83,749 shares
3 metrics
Shares sold
4,227 shares
Class A Common Stock sold on 2026-05-20
Sale price per share
$155.588 per share
Average sale price for 4,227 shares
Shares held after transaction
83,749 shares
Direct holdings following reported sale
Key Terms
restricted stock units ("RSUs"), open-market sale, tax obligations, Class A Common Stock
4 terms
restricted stock units ("RSUs") financial
"Shares sold to cover tax obligations in connection with the vesting of 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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax obligations financial
"Shares sold to cover tax obligations in connection with the vesting of restricted stock units"
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 insider transaction did DoorDash (DASH) report for Keith Yandell?
DoorDash reported that Chief Business Officer Keith Yandell sold 4,227 Class A shares. The sale was specifically to cover tax obligations arising from vesting restricted stock units, and he retained 83,749 shares directly after the transaction.
Was the Keith Yandell DoorDash (DASH) stock sale an open-market decision?
The transaction is reported as a sale, but the footnote states the shares were sold to cover tax obligations from RSU vesting. This indicates a tax-related, mechanical sale rather than a discretionary open-market trade based on personal market views.
What role do RSUs play in Keith Yandell’s DoorDash (DASH) Form 4 filing?
The filing notes that certain securities are represented by restricted stock units (RSUs), and shares were sold to cover tax obligations upon RSU vesting. This shows the transaction is tied to equity compensation rather than a stand-alone investment decision.