DoorDash (DASH) General Counsel exercises stock options, lifts holdings to 86,909 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoorDash, Inc. General Counsel and Secretary Tia Sherringham exercised stock options to acquire 1,250 shares of Class A Common Stock at $7.16 per share. Following the transaction, she directly owns 86,909 Class A shares. The filing shows an option exercise only, with no open‑market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,250 shares exercised/converted
Mixed
2 txns
Insider
Sherringham Tia
Role
GENERAL COUNSEL AND SECRETARY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 1,250 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,250 | $7.16 | $9K |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Class A Common Stock — 86,909 shares (Direct)
Footnotes (1)
- Certain of these securities are represented by Restricted Stock Units. The shares underlying the option are fully vested and immediately exercisable.
FAQ
What insider transaction did DoorDash (DASH) report for Tia Sherringham?
DoorDash reported that General Counsel and Secretary Tia Sherringham exercised stock options to acquire 1,250 shares of Class A Common Stock at $7.16 per share. This is a derivative exercise, not an open‑market purchase or sale, and increases her direct share ownership.
Was the DoorDash (DASH) insider transaction a buy or a sale?
The transaction was an option exercise, classified as an acquisition, not an open‑market buy or sale. Sherringham exercised stock options to receive 1,250 Class A shares at a $7.16 exercise price, increasing her holdings without reporting any sale of shares.
What derivative security did Tia Sherringham exercise at DoorDash (DASH)?
She exercised a stock option, described as a “Stock Option (right to buy)” for 1,250 underlying Class A Common shares at an exercise price of $7.16. After this exercise, the filing shows no remaining shares under that specific option position.
Does the DoorDash (DASH) Form 4 show any tax withholding or gifts?
The Form 4 does not report any tax withholding or gifts for this transaction. It shows a single derivative exercise of 1,250 option shares and the corresponding acquisition of 1,250 Class A shares, with no F‑code tax withholdings or G‑code gift dispositions disclosed.
What role does Tia Sherringham hold at DoorDash (DASH) in this Form 4?
Tia Sherringham is identified as an officer of DoorDash, serving as General Counsel and Secretary. The Form 4 reflects her personal equity compensation activity, specifically exercising vested stock options that convert to Class A Common Stock under the company’s compensation arrangements.