Adarkar Prabir 4

4 · DoorDash, Inc. · Filed Feb 26, 2026

Research Summary

AI-generated summary of this filing

Updated Feb 26, 2026

DoorDash COO Prabir Adarkar Exercises Options and Sells Shares

What Happened
Prabir Adarkar, DoorDash’s President and COO, completed an options exercise and multiple open-market sales on February 24, 2026. The filing shows he exercised/converted 10,000 derivative shares at $7.16 (cost ~$71,600). On the same day he sold 24,760 shares in multiple open-market transactions for aggregate proceeds of about $4,099,214. The Form 4 also reports a disposition of 10,000 derivative shares at $0.00 (reported as a derivative transaction).

Key Details

Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (filed two days after the trades).
Open-market sales (selected blocks reported):
- 560 sh @ $161.80 = $90,610
- 650 sh @ $162.94 = $105,909
- 4,930 sh @ $164.40 = $810,477
- 8,853 sh @ $165.31 = $1,463,516
- 7,578 sh @ $166.10 = $1,258,713
- plus smaller blocks totaling 24,760 shares and ~$4.10M in proceeds.
Option exercise/acquisition: 10,000 sh @ $7.16 = $71,600 (code M).
Derivative disposition: 10,000 sh @ $0.00 reported (code M).
Footnotes of note:
- F2: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted June 3, 2025.
- F1: Some shares are represented by Restricted Stock Units.
- F3–F12/F10–F12: Several sale prices are shown as weighted-average ranges; detailed per-price breakdowns are available upon request to the SEC staff.
- F13: Shares underlying the option are fully vested and immediately exercisable.
Shares owned after transaction: Not specified in the excerpt provided.

Context

These trades are mostly sales executed under a pre-established 10b5-1 plan (common for routine insider sales). Purchases are generally more indicative of a bullish signal; this filing is primarily disposals.
For derivative activity: the filing shows an option exercise to acquire shares and a separate derivative disposition at $0.00; the Form 4 does not explain the mechanics (e.g., withholding or share surrender) beyond what is reported.
No late-filing flag appears in the provided data; the Form 4 was filed two days after the reported transactions.

If you want, I can (a) calculate net change in beneficial ownership if you provide the pre-trade holdings from the Form 4, or (b) pull the full per-price breakdown referenced in the footnotes.

Insider Transaction Report

Form 4

Period: 2026-02-24

DoorDash, Inc.DASH

Adarkar Prabir

PRESIDENT AND COO

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2026-02-24$7.16/sh+10,000$71,600→ 868,438 total
Sale
Class A Common Stock
[F2][F3][F1]
2026-02-24$161.80/sh−560$90,610→ 867,878 total
Sale
Class A Common Stock
[F2][F4][F1]
2026-02-24$162.94/sh−650$105,909→ 867,228 total
Sale
Class A Common Stock
[F2][F5][F1]
2026-02-24$164.40/sh−4,930$810,477→ 862,298 total
Sale
Class A Common Stock
[F2][F6][F1]
2026-02-24$165.31/sh−8,853$1,463,516→ 853,445 total
Sale
Class A Common Stock
[F2][F7][F1]
2026-02-24$166.10/sh−7,578$1,258,713→ 845,867 total
Sale
Class A Common Stock
[F2][F8][F1]
2026-02-24$167.18/sh−595$99,470→ 845,272 total
Sale
Class A Common Stock
[F2][F9][F1]
2026-02-24$168.27/sh−365$61,419→ 844,907 total
Sale
Class A Common Stock
[F2][F10][F1]
2026-02-24$169.24/sh−709$119,990→ 844,198 total
Sale
Class A Common Stock
[F2][F11][F1]
2026-02-24$170.88/sh−160$27,340→ 844,038 total
Sale
Class A Common Stock
[F2][F12][F1]
2026-02-24$171.58/sh−360$61,770→ 843,678 total
Exercise/Conversion
Stock Option (right to buy)
[F13]
2026-02-24−10,000→ 73,550 total
Exercise: $7.16Exp: 2028-10-09→ Class A Common Stock (10,000 underlying)

Footnotes (13)

[F1]Certain of these securities are represented by Restricted Stock Units.
[F10]This sale price represents the weighted average sale price of the shares sold ranging from $168.88 to $169.68 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
[F11]This sale price represents the weighted average sale price of the shares sold ranging from $170.29 to $171.27 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
[F12]This sale price represents the weighted average sale price of the shares sold ranging from $171.30 to $172.22 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
[F13]The shares underlying the option are fully vested and immediately exercisable.
[F2]The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2025.
[F3]This sale price represents the weighted average sale price of the shares sold ranging from $161.47 to $162.23 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
[F4]This sale price represents the weighted average sale price of the shares sold ranging from $162.60 to $163.51 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
[F5]This sale price represents the weighted average sale price of the shares sold ranging from $163.72 to $164.71 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
[F6]This sale price represents the weighted average sale price of the shares sold ranging from $164.73 to $165.72 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
[F7]This sale price represents the weighted average sale price of the shares sold ranging from $165.73 to $166.71 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
[F8]This sale price represents the weighted average sale price of the shares sold ranging from $166.75 to $167.74 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
[F9]This sale price represents the weighted average sale price of the shares sold ranging from $167.80 to $168.78 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

Signature

/s/ Christina Whittaker, by power of attorney|2026-02-26

Documents

1 file

4
form4-02262026_040207.xmlPrimary