Yandell Keith 4
Research Summary
AI-generated summary
DoorDash (DASH) CBO Keith Yandell Sells 4,018 Shares
What Happened
Keith Yandell, Chief Business Officer of DoorDash (DASH), reported multiple open‑market sales on Feb 25, 2026, disposing of a total of 4,018 shares for aggregate proceeds of approximately $693,505. Individual sale lots ranged from 40 to 1,520 shares at per‑share prices between roughly $165.72 and $175.06 (weighted average prices reported for several lots).
Key Details
- Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (within the common 2‑business‑day reporting window).
- Total sold: 4,018 shares for total proceeds of ~$693,505.
- Reported sale lots and proceeds (per Form 4):
- 160 sh @ $166.03 = $26,566
- 160 sh @ $167.67 = $26,827
- 40 sh @ $169.50 = $6,780
- 200 sh @ $171.19 = $34,238
- 1,520 sh @ $172.51 = $262,220
- 1,258 sh @ $173.42 = $218,167
- 600 sh @ $174.51 = $104,704
- 80 sh @ $175.03 = $14,003
- Footnotes of note:
- Sales were effected under a Rule 10b5‑1 trading plan adopted May 28, 2025 (F1).
- Several reported sale prices are weighted averages covering price ranges; the filer will provide breakdowns if requested by the SEC or security holders (F2, F4–F9).
- Certain securities sold are represented by Restricted Stock Units (RSUs) (F3).
- Shares owned after the transaction: not disclosed in the information provided in this Form 4 filing.
Context
These transactions are sales (dispositions). Sales executed under a pre‑arranged 10b5‑1 plan are generally treated as routine, scheduled dispositions rather than ad hoc insider trades; the filing notes the sales were made pursuant to such a plan. For retail investors, purchases by insiders can be more indicative of conviction than sales; this Form 4 documents routine selling rather than a new equity purchase or option exercise.