share_log

DoorDash | 4: Statement of changes in beneficial ownership of securities-Officer Adarkar Prabir

SEC ·  Jan 1 05:07

Summary by Futu AI

On December 27, 2024, Prabir Adarkar, President and COO of DoorDash, executed a series of transactions involving the company's Class A Common Stock. Adarkar first acquired 20,000 shares at $7.16 per share through the exercise of derivative securities.Subsequently, Adarkar sold a total of 20,000 shares in three separate transactions on the same day. The sales were executed at prices ranging from $167.242 to $169.014 per share, generating total proceeds of approximately $3.37 million. These transactions were completed as open market or private sales.Following these transactions, Adarkar's direct ownership of DoorDash Class A Common Stock stands at 925,222 shares. The simultaneous acquisition and disposal of shares suggest a potential exercise of stock options followed by an immediate sale, a common practice among executives for liquidity or tax planning purposes.
On December 27, 2024, Prabir Adarkar, President and COO of DoorDash, executed a series of transactions involving the company's Class A Common Stock. Adarkar first acquired 20,000 shares at $7.16 per share through the exercise of derivative securities.Subsequently, Adarkar sold a total of 20,000 shares in three separate transactions on the same day. The sales were executed at prices ranging from $167.242 to $169.014 per share, generating total proceeds of approximately $3.37 million. These transactions were completed as open market or private sales.Following these transactions, Adarkar's direct ownership of DoorDash Class A Common Stock stands at 925,222 shares. The simultaneous acquisition and disposal of shares suggest a potential exercise of stock options followed by an immediate sale, a common practice among executives for liquidity or tax planning purposes.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.