DoorDash (DASH) counsel sells 2,743 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoorDash, Inc. General Counsel and Secretary Tia Sherringham reported an open-market sale of Class A Common Stock. On May 22, 2026, she sold 2,743 shares at an average price of $160.79 per share. After this transaction, she directly held 128,216 shares.
The filing notes that the sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on March 7, 2025. It also indicates that certain of the reported securities are represented by Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,743 shares ($441,047)
Net Sell
1 txn
Insider
Sherringham Tia
Role
GENERAL COUNSEL AND SECRETARY
Sold
2,743 shs ($441K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,743 | $160.79 | $441K |
Holdings After Transaction:
Class A Common Stock — 128,216 shares (Direct, null)
Footnotes (1)
- The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2025. Certain of these securities are represented by Restricted Stock Units.
Key Figures
Shares sold: 2,743 shares
Sale price: $160.79 per share
Shares held after sale: 128,216 shares
+1 more
4 metrics
Shares sold
2,743 shares
Open-market sale of Class A Common Stock on 2026-05-22
Sale price
$160.79 per share
Average price for the 2,743 shares sold
Shares held after sale
128,216 shares
Direct ownership following the reported transaction
Net share direction
2,743 net shares sold
transactionSummary netBuySellShares
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, Class A Common Stock
3 terms
Rule 10b5-1 trading plan financial
"The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2025."
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.
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 in this Form 4?
DoorDash reported that General Counsel Tia Sherringham sold 2,743 shares of Class A Common Stock. The shares were sold in an open-market transaction at an average price of $160.79 per share on May 22, 2026.
Who is the insider involved in the latest DoorDash (DASH) Form 4 filing?
The insider is Tia Sherringham, General Counsel and Secretary of DoorDash. She is an officer of the company and reported a sale of Class A Common Stock in an open-market transaction under a Rule 10b5-1 trading plan.
Was the DoorDash (DASH) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted by Tia Sherringham on March 7, 2025. Such plans pre-arrange trades and can indicate routine portfolio management.
Does the DoorDash (DASH) Form 4 mention Restricted Stock Units (RSUs)?
Yes. A footnote explains that certain of the reported securities are represented by Restricted Stock Units. RSUs are equity awards that typically convert into shares over time, subject to vesting conditions.