DOERR L JOHN 4
Research Summary
AI-generated summary
DoorDash (DASH) Director L. John Doerr Receives 1,986 RSUs
What Happened
- L. John Doerr, a director of DoorDash, received a grant of 1,986 restricted stock units (RSUs) on 2026-06-10. The grant price is reported as $0.00 (an award), so there was no cash purchase or sale. The Form 4 shows acquisition of 1,986 shares (each represented by an RSU).
Key Details
- Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (timely within the usual 2-business-day window).
- Transaction type: A = Award/Grant; Shares: 1,986 RSUs; Price: $0.00 at grant.
- Shares owned after transaction: Not specified in this filing.
- Vesting/terms (footnote F1): Each RSU vests on the earlier of (i) one year after the grant date or (ii) the day before the issuer’s next annual meeting of shareholders, in each case subject to continued service.
- Other footnotes: F2 notes securities represented by RSUs; F3–F5 indicate some reported securities are held by entities (KPCB DGF II Associates, Vallejo Ventures Trust, and other investment entities) over which the reporting person has management or trustee roles and includes a customary disclaimer regarding beneficial ownership.
Context
- RSU grants are compensation awards, not open-market purchases or sales; they convert to shares only upon vesting and typically do not signal immediate selling or buying intent.
- Some holdings reported by insiders may be held through entities the insider manages; such disclosures clarify control but may not mean direct beneficial ownership for all reported securities.