DoorDash (DASH) president Adarkar exercises options and sells 24,760 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoorDash, Inc. President and COO Prabir Adarkar reported mixed insider activity in Class A common stock. On February 24, 2026, he exercised a stock option for 10,000 shares at an exercise price of $7.16 per share, converting a derivative award into common stock. The same day, he sold a total of 24,760 shares of Class A common stock in multiple open-market transactions under a pre-arranged Rule 10b5-1 trading plan adopted on June 3, 2025. Following these transactions, he directly held 843,678 shares of Class A common stock and 73,550 stock options that are fully vested and immediately exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,760 shares ($4,099,215)
Net Sell
12 txns
Insider
Adarkar Prabir
Role
PRESIDENT AND COO
Sold
24,760 shs ($4.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 10,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,000 | $7.16 | $72K |
| Sale | Class A Common Stock | 560 | $161.803 | $91K |
| Sale | Class A Common Stock | 650 | $162.937 | $106K |
| Sale | Class A Common Stock | 4,930 | $164.397 | $810K |
| Sale | Class A Common Stock | 8,853 | $165.313 | $1.46M |
| Sale | Class A Common Stock | 7,578 | $166.101 | $1.26M |
| Sale | Class A Common Stock | 595 | $167.177 | $99K |
| Sale | Class A Common Stock | 365 | $168.271 | $61K |
| Sale | Class A Common Stock | 709 | $169.238 | $120K |
| Sale | Class A Common Stock | 160 | $170.878 | $27K |
| Sale | Class A Common Stock | 360 | $171.584 | $62K |
Holdings After Transaction:
Stock Option (right to buy) — 73,550 shares (Direct);
Class A Common Stock — 868,438 shares (Direct)
Footnotes (1)
- Certain of these securities are represented by Restricted Stock Units. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025. This sale price represents the weighted average sale price of the shares sold ranging from $161.47 to $162.23 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 $162.60 to $163.51 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 $163.72 to $164.71 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 $164.73 to $165.72 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 $165.73 to $166.71 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 $166.75 to $167.74 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 $167.80 to $168.78 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 $168.88 to $169.68 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 $170.29 to $171.27 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 $171.30 to $172.22 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. The shares underlying the option are fully vested and immediately exercisable.
FAQ
What did DoorDash (DASH) President and COO Prabir Adarkar report in this Form 4?
Prabir Adarkar reported exercising a stock option for 10,000 shares and selling 24,760 shares of DoorDash Class A stock. These trades occurred on February 24, 2026 and are disclosed as direct ownership transactions in the filing.
At what prices did Prabir Adarkar’s DoorDash (DASH) stock sales occur?
Reported sale prices per share include amounts such as $161.803, $162.937, $164.397, $165.313, and up to $171.584. Several trades are described as weighted-average prices over narrower intraday ranges, as detailed in the accompanying footnotes.
Were Prabir Adarkar’s DoorDash (DASH) stock sales under a trading plan?
Yes. The filing states that the sales were executed under a Rule 10b5-1 trading plan adopted on June 3, 2025. Such plans allow insiders to pre-schedule trades, helping separate personal trading decisions from non-public information.