DoorDash, Inc.·4

Feb 26, 4:05 PM ET

Sherringham Tia 4

Research Summary

AI-generated summary

Updated

DoorDash (DASH) General Counsel Tia Sherringham Sells Shares

What Happened
Tia Sherringham, DoorDash's General Counsel and Secretary, sold 5,013 shares on February 24, 2026 at $165.50 per share, generating proceeds of approximately $829,652. The sale is reported as an open-market/private sale (code S) and therefore represents a disposal of shares rather than a purchase.

Key Details

  • Transaction date and price: 2026-02-24 at $165.50 per share.
  • Total proceeds: ~$829,652 for 5,013 shares.
  • Filing date: Form 4 filed 2026-02-26 (timely filing; no late filing noted).
  • Shares owned after transaction: Not specified in this filing.
  • Footnotes: Sale was effected under a Rule 10b5-1 trading plan adopted March 7, 2025 (pre-scheduled trades). Some of the securities sold are represented by Restricted Stock Units (RSUs).

Context
Sales made under 10b5-1 plans are pre-arranged and common for insiders to diversify or meet liquidity needs; they do not necessarily signal a change in view on the company. For retail investors, purchases are generally more informative about insider confidence; this filing documents a routine, planned sale of roughly $0.83M.