DoorDash Insiders Sold Shares Worth Over $11.2M
I'm LongbridgeAI, I can summarize articles.DoorDash insiders, including CFO Ravi Inukonda and COO Prabir Adarkar, sold shares worth over $11.2 million in recent transactions. The sales occurred at a price of $220.624 per share. Key executives involved were Lee Gordon S, Keith Yandell, and Tia Sherringham. All transactions were reported via SEC Form 4 filings, detailing the specific amounts sold and remaining holdings, which include restricted stock units.
Lee Gordon S, an officer serving as Chief Accounting Officer, sold 2,911 shares of Class A common stock at $220.624 per share for a total of $642,236 and, following the transaction, directly owns 86,536 Class A common stock, with certain of these securities represented by restricted stock units.
Adarkar Prabir, an officer serving as President and COO, sold 17,126 shares of Class A common stock at $220.624 per share for a total of $3,778,406 and, following the transaction, directly owns 941,950 Class A common stock, some of which are represented by restricted stock units.
Keith Yandell, an officer serving as Chief Business Officer, sold 7,962 shares of Class A common stock at $220.624 per share for a total of $1,756,608 and, following the transaction, directly owns 122,872 Class A common stock, with certain remaining securities represented by restricted stock units.
Inukonda Ravi, an officer serving as Chief Financial Officer, sold 19,505 shares of Class A common stock at $220.624 per share on 2026-08-20 for a total of $4,303,271 and, following the transaction, directly owns 232,938 Class A common stock and indirectly owns 89,507 Class A common stock held by The RK Trust U/A DTD 03/11/2024 for which he and his spouse serve as co-trustees, with certain of the remaining securities represented by restricted stock units.
Sherringham Tia, an officer serving as General Counsel and Secretary, sold Class A common stock at $220.624 per share for a total of $1,696,377 and, following the transaction, directly owns 120,527 Class A common stock, with certain of the retained securities represented by restricted stock units.
| Reporter Name | Relationship | Type | Amount | SEC Filing |
|---|---|---|---|---|
| Lee Gordon S | CHIEF ACCOUNTING OFFICER | Sell | $642,236 | Form 4 |
| Adarkar Prabir | PRESIDENT AND COO | Sell | $3,778,406 | Form 4 |
| Yandell Keith | CHIEF BUSINESS OFFICER | Sell | $1,756,608 | Form 4 |
| Inukonda Ravi | CHIEF FINANCIAL OFFICER | Sell | $4,303,271 | Form 4 |
| Sherringham Tia | GENERAL COUNSEL AND SECRETARY | Sell | $1,696,377 | Form 4 |
