Kovac Milan 4

What Happened Milan Kovac, a director of DoorDash (DASH), received two restricted stock unit (RSU) awards on 2026-01-16: 1,325 RSUs and 577 RSUs, for a total of 1,902 RSUs. Both grants were reported as acquired at $0 (standard for RSU awards). These are awards (code A), not open-market purchases or sales, and the units vest according to the issuer’s schedules rather than being immediately tradable.

Key Details

• Transaction date: 2026-01-16; filing date: 2026-01-21 (filed 5 days after the transaction date; appears to be after the typical two-business-day Form 4 window).
• Grants: 1,325 RSUs and 577 RSUs; total = 1,902 RSUs; acquisition price reported = $0.
• Shares owned after transaction: Not specified in this Form 4.
• Footnotes from the filing:
  • F1: Each share is represented by an RSU; these RSUs vest in equal monthly installments over four years, subject to continued service.
  • F2: These securities are represented by RSUs.
  • F3: Each share is represented by an RSU; these RSUs vest on the earlier of (i) the one-year anniversary of the grant date, or (ii) the day prior to the issuer’s next annual meeting, subject to continued service.
• Transaction code: A = award/grant.

Context RSU grants are a common form of director/executive compensation and do not reflect an immediate cash purchase or sale by the insider. Because they vest over time (per the footnotes), they incentivize continued service and are not immediately liquid. The filing date suggests the Form 4 was submitted after the usual two-business-day reporting window, which is worth noting since timely filings are required under SEC rules.