DoorDash President & COO Sells Over $12.8M in Stock

On August 25, 2026, Prabir Adarkar, the President and COO of DoorDash, Inc., executed a series of transactions involving the company's Class A Common Stock. Adarkar first exercised options to acquire 43,550 shares at $7.16 per share. Subsequently, Adarkar sold a total of 55,289 shares in multiple transactions for a combined value of approximately $12.81 million. The sales were conducted at weighted average prices ranging from $227.75 to $234.46. According to a footnote in the filing, these sales were executed pursuant to a Rule 10b5-1 trading plan adopted in June 2025. After these transactions, Adarkar's direct holdings in DoorDash stand at 930,211 shares. The use of a 10b5-1 plan indicates that this was a pre-scheduled sale, likely for personal financial management, rather than a spontaneous decision based on current events. The substantial remaining stake suggests continued alignment with the company's future.