DoorDash COO Sells Millions in Shares as Stock Price Hits $200

DoorDash, Inc. (NASDAQ: DASH), the U.S.-based food delivery platform, disclosed that President and Chief Operating Officer Prabir Adarkar exercised 15,000 stock options on January 20 to acquire Class A common shares. Under a pre-established Rule 10b5-1 trading plan, he then sold the majority of those shares in the open market that same day. According to the filing, he still directly holds approximately 874,000 shares following the transactions.

In a separate Form 8-K announcing its fourth-quarter and full-year 2025 results, the company reported year-over-year growth in order count, marketplace gross order value, revenue, GAAP net income, and adjusted EBITDA. DoorDash attributed these gains—and its optimistic 2026 outlook—to the Deliveroo acquisition and expanded international operations. On January 16, the company also granted 1,902 restricted stock units to executive Milan Kovach; no open-market trades by Kovach were reported.

According to its website and filings, DoorDash today officially released Q4 2025 and full-year results, provided guidance for Q1 2026 marketplace gross order value and adjusted EBITDA, and explained the impact of the Deliveroo deal as well as severe winter weather in the U.S. The company reaffirmed its plan to integrate DoorDash, Bolt, and Deliveroo into a single global technology platform to boost operational efficiency and accelerate product rollouts. (source: seekingalpha.com)

Founded in San Francisco in 2013, DoorDash has grown from a restaurant delivery service into a full-service local commerce platform—covering groceries, convenience-store orders, and retail deliveries—in more than 40 countries. In October 2025, it completed the acquisition of UK-listed Deliveroo, expanding its reach across Europe and the Middle East. Together, DoorDash, Bolt, and Deliveroo now connect tens of millions of users with hundreds of thousands of merchants worldwide. (source: ir.doordash.com)