DASH - Chief Executive Officer at DoorDash Exercises Options Worth $10.53M | Benzinga
Tony Xu, Chief Executive Officer at DoorDash (NYSE:DASH), reported a large exercise of company stock options on September 14, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Xu, Chief Executive Officer at DoorDash, a company in the Consumer Discretionary sector, just exercised stock options worth 132,300 shares of DASH stock with an exercise price of $0.2.
DoorDash shares are trading down 4.1% at $79.58 at the time of this writing on Friday morning. Since the current price is $79.58, this makes Xu's 132,300 shares worth $10,528,434.