Keith Yandell, Chief Business Officer at DoorDash, Inc. (NASDAQ:DASH), recently sold shares of the company’s Class A Common Stock, according to a May 22 SEC filing. The transactions took place on May 20, 2026, involving the disposition of 4,227 shares.
The shares were sold at a price of $155.588 per share, totaling approximately $657,670. The filing indicated that the sale was conducted to cover tax obligations in connection with the vesting of restricted stock units (RSUs).
The transaction comes as DoorDash stock trades at $160.27, down roughly 30% year-to-date despite strong revenue growth of 31% over the last twelve months. According to Bond.az analysis, the stock appears undervalued at current levels, with the company holding more cash than debt on its balance sheet.
Following this transaction, Yandell directly holds 83,749 shares of DoorDash Class A Common Stock. Certain of these securities are represented by RSUs.
In other recent news, DoorDash reported its first-quarter 2026 earnings with an earnings per share (EPS) of $0.42, exceeding analysts’ expectations of $0.37. However, the company’s revenue fell short, totaling $4.04 billion compared to the anticipated $4.15 billion. In another development, Wolfe Research identified DoorDash as one of its top picks for the internet sector over the next 12 months, alongside Amazon, Meta, and Chewy. Additionally, Urban Outfitters announced a partnership with DoorDash to provide on-demand delivery of its products. Meanwhile, Uber Technologies is reportedly considering a full takeover of European competitor Delivery Hero SE. These developments have affected various companies in the sector, with Lyft and DoorDash experiencing stock declines.
