Form 4: DoorDash General Counsel Sells Shares Under 10b5-1 Plan

DoorDash General Counsel Tia Sherringham sold 4,436 shares of Class A Common Stock for approximately $831,000 under a pre-arranged trading plan.

Summary

• Tia Sherringham, General Counsel and Secretary of DoorDash, Inc. (DASH), reported the sale of Class A Common Stock.
• On November 24, 2025, a total of 4,436 shares of Class A Common Stock were disposed of in multiple transactions.
• The sales were executed at weighted average prices ranging from $186.093 to $188.82 per share.
• The transactions were conducted pursuant to a Rule 10b5-1 trading plan adopted by Ms. Sherringham on March 7, 2025.
• Following these transactions, Ms. Sherringham beneficially owns 99,018 shares of Class A Common Stock, some of which are represented by Restricted Stock Units.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 trading plan, which is a common practice for corporate executives for personal financial planning and does not inherently signal a change in company fundamentals or outlook.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Sale of 4,436 shares of Class A Common Stock by Tia Sherringham, General Counsel and Secretary, to the open market.

Stakeholder Impact

• Shareholders: Disclosure of insider selling, which is a routine event for executives managing personal finances, especially when executed under a Rule 10b5-1 trading plan, which aims to prevent accusations of trading on material non-public information.

Key Dates

Recommendation

The filing details a routine insider stock sale by DoorDash's General Counsel under a pre-arranged 10b5-1 trading plan. Such transactions are common for personal financial management and typically do not reflect a change in the company's fundamental outlook or warrant an immediate change in investment recommendation. Investors should consider broader company performance and market conditions.

Keywords

DoorDash, DASH, insider trading, Form 4, stock sale, Tia Sherringham, General Counsel, 10b5-1 plan