DoorDash: CFO Inukonda Ravi sold 1,017 shares

What happened Inukonda Ravi, CFO, exercised and sold 1,017 shares on Oct 12, 2026. The filing shows an option exercise or conversion for 1,017 shares at $7.66 (acquired for $7,790) and an open-market sale of 1,017 shares at $195.00 (disposed for $198,315). The filing also reports a derivative disposition of 1,017 shares at $0.00.

Key details

• Transaction date(s) and price(s): Oct 12, 2026 — exercise/conversion (M) 1,017 shares @ $7.66 (acquired) = $7,790; open-market sale (S) 1,017 shares @ $195.00 (disposed) = $198,315; exercise/conversion (M) derivative disposition 1,017 shares @ $0.00 (disposed) = $0.
• Shares owned after the transaction: not reported in the provided filing.
• Footnotes: F1 notes certain securities are represented by restricted stock units; F2 sale was effected pursuant to a Rule 10b5-1 trading plan adopted Sep 2, 2025; F3 some shares are held by The RK Trust U/A DTD 03/11/2024 (the Reporting Person and spouse are co-trustees); F4 shares underlying the option are fully vested and immediately exercisable.
• Filing date and timeliness: filing dated Oct 14, 2026; no late-filing flag indicated in the provided data.

Why it may matter

• The filing shows exercised shares were sold on the same day, indicating the shares were sold immediately after exercise.
• The open-market sale was reported as part of a Rule 10b5-1 trading plan.
  A filing does not show why the insider traded or why the company acted.