Transaction details
DoorDash, Inc. (NASDAQ: DASH) Chief Business Officer Keith Yandell sold 4,928 shares of Class A Common Stock on February 20, 2026, at a price of $175.496 per share. The total value of the sale was $864,844. The filing shows the shares were disposed to satisfy tax obligations arising from the vesting of restricted stock units.
The reported sale price exceeded the company's then-current market price of $164.38, which the filing notes sits near DoorDash's 52-week low of $155.40. After the disposition, Yandell is recorded as directly owning 61,559 shares of DoorDash common stock.
The Form 4 was executed on February 24, 2026, with Christina Whittaker signing on behalf of Keith Yandell by power of attorney.
Financial and analyst context
DoorDash reported fourth-quarter results that marginally topped expectations, with gross order value surpassing estimates by roughly 1% and adjusted EBITDA also beating by about 1%, according to the summary in the filing and company statements cited in related disclosures. Those results prompted a range of analyst reactions reflected in recent price target changes and rating updates.
DA Davidson reduced its price target on DoorDash to $224 from $260 while maintaining a Neutral rating. Piper Sandler trimmed its target to $220 from $230, explicitly citing increased competition and execution risks. In contrast, Truist Securities raised its price target to $340 from $330, pointing to solid fourth-quarter performance and first-quarter 2026 guidance that showed higher gross order value despite lower adjusted EBITDA.
Citizens lowered its target to $250 from $285 but kept a Market Outperform rating, emphasizing growth opportunities in U.S. grocery, retail, and DashMart Fulfillment Services. Benchmark increased its target slightly to $285 from $280, highlighting DoorDash's efforts to broaden its platform beyond restaurant and grocery delivery into a wider local commerce offering.
Takeaway
The insider sale filed on Form 4 was conducted for tax purposes tied to RSU vesting and was executed at a price above the prevailing market level. The transaction comes amid modest quarterly beats and a spectrum of analyst adjustments that reflect differing views on competitive pressures, execution risk, and growth potential across DoorDash's expanding service areas.