Form 4: DoorDash COO Prabir Adarkar Reports Acquisition of Restricted Stock Units

DoorDash's President and COO, Prabir Adarkar, reported the acquisition of restricted stock units (RSUs) and a change in beneficial ownership of Class A Common Stock.

Summary

• On May 9, 2025, Prabir Adarkar, President and COO of DoorDash, reported a transaction involving Class A Common Stock.
• Adarkar acquired 83,133 shares represented by restricted stock units (RSUs).
• These RSUs will vest in equal quarterly installments over a four-year period starting February 20, 2025, contingent upon continued service.
• Following the reported transaction, Adarkar beneficially owns 970,481 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing related to executive compensation.

Future Outlook

The vesting of the RSUs is contingent upon Prabir Adarkar's continued service as a Service Provider over the next four years.

Industry Context

Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in company stock. This filing indicates Prabir Adarkar's continued stake in DoorDash's success.

Stakeholder Impact

• The transaction reflects continued alignment of management's interests with those of shareholders through equity-based compensation.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, RSUs, DASH, DoorDash, Prabir Adarkar, Officer