Yandell Keith 4
Research Summary
AI-generated summary
DoorDash (DASH) CBO Yandell Keith Sells Shares
What Happened
Yandell Keith, Chief Business Officer of DoorDash (DASH), sold a total of 2,643 shares in multiple open-market transactions on May 26, 2026, for aggregate proceeds of approximately $410,577. The individual sales reported were:
- 743 shares at $153.83 — $114,293
- 1,200 shares at $155.15 — $186,179
- 500 shares at $156.44 — $78,221
- 108 shares at $158.03 — $17,067
- 92 shares at $161.05 — $14,817
All transactions are reported as sales (S).
Key Details
- Transaction date: May 26, 2026 (filed May 28, 2026 — appears timely under the two-business-day Form 4 rule).
- Prices: reported per-lot prices above; some footnotes report weighted-average price ranges for certain lots (see below).
- Shares sold: 2,643; Aggregate proceeds ≈ $410,577.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- F1: Sales effected pursuant to a Rule 10b5-1 trading plan adopted May 28, 2025 (pre-scheduled plan).
- F2–F6: Certain sale prices reported as weighted-average prices covering price ranges; the filer will provide breakdowns on request.
- F3: Some of the securities sold are represented by Restricted Stock Units (RSUs).
- Transaction type code: S = Sale.
Context
These were outright open-market sales and were executed under a 10b5-1 trading plan, which typically indicates pre-scheduled transactions and can reduce the informational value of the sales as a signal of insider sentiment. The presence of RSU-related shares means some shares may have been underlying restricted awards that vested and were sold. For retail investors, purchases generally carry more weight as a bullish signal; scheduled or plan-based sales like these are often routine.