Lee Gordon S 4
Research Summary
AI-generated summary
DoorDash (DASH) Chief Accounting Officer Lee Gordon Sells 2,693 Shares
What Happened
Lee Gordon, DoorDash's Chief Accounting Officer, sold 2,693 shares of DoorDash common stock in an open-market transaction on February 20, 2026, at $175.50 per share, for a total of $472,611. The filing indicates the sale was to cover tax obligations tied to the vesting of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-02-20; filing date: 2026-02-24 (SEC Accession 0001635648-26-000002).
- Price per share: $175.50; shares sold: 2,693; gross proceeds: $472,611.
- Footnotes: F1 — shares sold to cover tax obligations from RSU vesting; F2 — certain securities represented by RSUs.
- Shares owned after the transaction: not specified in the provided excerpt.
- No late-filing flag was provided in the supplied data.
Context
This sale appears to be a routine tax-withholding transaction related to RSU vesting rather than a discretionary market-timing sale. Sales to cover taxes are common for executives receiving RSU awards and do not, by themselves, indicate a change in insider sentiment.