DoorDash (DASH) CBO Keith Yandell Sells 7,962 Shares

What Happened

Keith Yandell, Chief Business Officer of DoorDash (DASH), reported a sale of 7,962 shares on 2026-08-20 at $220.62 per share, totaling approximately $1,756,608. The sale is reported as a disposition (code S) and was used to satisfy tax obligations tied to the vesting of RSUs.

Key Details

• Transaction date: 2026-08-20
• Price per share: $220.62
• Shares sold: 7,962 — total proceeds ≈ $1,756,608
• Transaction type: Sale (reported as open market/private sale, code S)
• Footnotes: F1 — shares sold to cover tax obligations from RSU vesting; F2 — certain securities are represented by RSUs.
• Shares owned after the transaction: Not specified in the provided excerpt (see the full Form 4 for post-transaction holdings).
• Filing date: 2026-08-24 (filed within the typical two-business-day window for Form 4s; not marked late).

Context

This sale was executed to cover tax withholding on vested restricted stock units, a common and routine reason insiders sell shares. Such tax-related sales are generally not a reliable signal of the insider’s view on the company’s outlook; purchases typically carry more weight for inferring insider conviction. For full details, consult the Form 4 (Accession No. 0001833552-26-000014).