DoorDash (DASH) general counsel sells 5,013 shares in 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DoorDash, Inc. reported that its General Counsel and Secretary, Tia Sherringham, sold 5,013 shares of Class A common stock in an open-market transaction at a price of $165.50 per share on February 24, 2026. The sale was made under a Rule 10b5-1 trading plan adopted on March 7, 2025, and left her holding 85,659 shares, some of which are represented by restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,013 shares ($829,652)
Net Sell
1 txn
Insider
Sherringham Tia
Role
GENERAL COUNSEL AND SECRETARY
Sold
5,013 shs ($830K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,013 | $165.50 | $830K |
Holdings After Transaction:
Class A Common Stock — 85,659 shares (Direct)
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.
FAQ
What insider transaction did DoorDash (DASH) report for Tia Sherringham?
DoorDash reported that General Counsel and Secretary Tia Sherringham sold 5,013 shares of Class A common stock. The open-market sale occurred at $165.50 per share on February 24, 2026, under a pre-arranged Rule 10b5-1 trading plan adopted on March 7, 2025.
Was Tia Sherringham’s DoorDash (DASH) stock sale under a Rule 10b5-1 plan?
Yes. The filing states that the sale by Tia Sherringham was effected under a Rule 10b5-1 trading plan adopted on March 7, 2025. Such plans allow insiders to schedule trades in advance, helping separate routine transactions from subsequent market developments.
What role does Tia Sherringham hold at DoorDash (DASH) in this Form 4 filing?
In this Form 4, Tia Sherringham is identified as an officer of DoorDash, serving as General Counsel and Secretary. Her reported transaction involves Class A common stock that she holds directly, with ownership remaining at 85,659 shares after the sale.