DoorDash, Inc.·4

May 28, 4:15 PM ET

Yandell Keith 4

Research Summary

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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.