Summary by Moomoo AI
Ravi Inukonda, an officer at DoorDash, is set to sell 7,000 shares of Class A Common stock on 12/30/2024. The transaction, valued at approximately $1.19 million, involves restricted stock units acquired on 11/20/2019. This sale is part of a plan adopted on 09/07/2023.Over the past three months, Inukonda has sold a total of 28,219 shares, generating gross proceeds of about $4.76 million. Previous sales include 7,000 shares on 11/29/2024 for $1.26 million, 14,219 shares on 11/20/2024 for $2.42 million, and 7,000 shares on 10/30/2024 for $1.09 million.The consistent pattern of selling 7,000 shares monthly, with an additional larger sale in November, suggests a structured divestment strategy. This upcoming sale continues the trend observed in recent months.