Fang Andy 4
Research Summary
AI-generated summary
DoorDash Director Andy Fang Receives RSU Award
What Happened
- Andy Fang, a director of DoorDash, was granted a total of 26,231 restricted stock units (RSUs) on April 20, 2026. The grants were reported at $0.00 per share (standard for RSU awards), for a total reported acquisition value of $0. These are grants (A), not open-market purchases or sales.
Key Details
- Transaction date: 2026-04-20; Form 4 filed: 2026-04-22 (timely filing — two days after the transaction).
- Grant breakdown: 10,122 RSUs, 11,240 RSUs, and 4,869 RSUs (total 26,231 RSUs), each reported as acquired at $0.00.
- Vesting: Per the filing footnotes, some of the RSUs vest in equal quarterly installments over a four-year period beginning Feb 20, 2026, and others vest in equal quarterly installments over a two-year period beginning Feb 20, 2026, all subject to continued service. The filing also notes generally that certain securities are represented by RSUs.
- Shares owned after the transaction: not specified in the information provided.
Context
- RSUs are awards that convert to shares as they vest; they are not an immediate cash purchase or sale and do not by themselves signal a buy/sell decision. These grants are compensation-related and subject to service-based vesting conditions.