DoorDash (DASH) CAO Lee Gordon Sells 413 Shares

What Happened Lee Gordon, Chief Accounting Officer of DoorDash (DASH), reported the sale of 413 shares in an open-market transaction on September 4, 2026. The shares were sold at $221.50 each for a total of approximately $91,480. This was a sale (not a purchase), which is often routine for insiders and does not by itself imply a change in company outlook.

Key Details

• Transaction date and price: 2026-09-04 — 413 shares at $221.50 per share (total ≈ $91,480).
• Report filed: Form 4 filed on 2026-09-09 (filed after the transaction; typically due within 2 business days).
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • Sale was effected under a pre-established Rule 10b5-1 trading plan adopted June 5, 2026 (F1).
  • Certain of the securities involved are represented by Restricted Stock Units (RSUs) (F2).

Context A 10b5-1 plan allows scheduled trades even when an insider may possess material nonpublic information; such sales are often pre-arranged and routine. Sales generally carry less informational weight for investors than purchases. The Form 4 was filed several days after the transaction date, which reduces near-term transparency but does not by itself indicate wrongdoing.