Inukonda Ravi, chief financial officer of DoorDash (DASH), has been a consistent seller of company stock over the past year, with Form 4 filings showing 47 total transactions and no open-market purchases. The selling bias is unambiguous: total sell value reached approximately $31.9 million, while buy value stood at zero. The most recent activity, clustered on July 8, 2026, included seven separate open-market sales (code "S") ranging from roughly $272,000 to $786,000, totaling about $3.24 million on that single day. These sales were paired with a small option exercise (code "M") valued at $31,160.88, a mechanical transaction that typically precedes the disposition of shares.
The pattern extends well beyond the latest filing. Ravi executed major sales on May 20, 2026 ($3.03 million), March 2, 2026 ($2.90 million), and February 20, 2026 ($2.71 million), each accompanied by modest option exercises in the $7,790 range. A February 18, 2026 sale added $177,975, and earlier transactions in January, December, and November 2025 show a steady cadence of smaller dispositions, including six separate sales on November 25, 2025 totaling roughly $1.85 million. The only non-sale entries in the recent window were a zero-value grant (code "A") on April 20, 2026, which represents compensation rather than a discretionary purchase.
Across all filings, Ravi has reported zero acquired value from open-market buys, meaning every acquisition stemmed from option exercises or awards. The data shows a CFO who consistently monetizes equity compensation, with sales occurring in both large block transactions and smaller daily increments. While the volume is substantial—averaging over $2.6 million per month across the last year—the absence of any purchase activity offers no signal of bullish conviction from the insider.
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