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Trust for DoorDash (DASH) director Tang sells 45,410 shares via plan

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

A trust associated with DoorDash director Stanley Tang, The ST Trust for which he serves as trustee, converted 45,410 shares of Class B Common Stock into 45,410 shares of Class A Common Stock on February 2, 2026.

The trust then sold those 45,410 Class A shares in multiple trades pursuant to a Rule 10b5-1 trading plan adopted on November 26, 2024, at weighted average prices ranging from $203.57 to $211.86 per share. After these transactions, Tang continues to beneficially own 3,612,171 shares of Class B Common Stock indirectly through the trust and directly holds 7,828 Class B and 23,554 Class A shares.

Positive

  • None.

Negative

  • None.
Insider Tang Stanley
Role Director
Sold 45,410 shs ($9.49M)
Type Security Shares Price Value
Other Class B Common Stock 45,410 $0.00 --
Other Class A Common Stock 45,410 $0.00 --
Sale Class A Common Stock 560 $204.046 $114K
Sale Class A Common Stock 1,000 $207.172 $207K
Sale Class A Common Stock 16,766 $207.972 $3.49M
Sale Class A Common Stock 11,800 $208.889 $2.46M
Sale Class A Common Stock 6,919 $209.993 $1.45M
Sale Class A Common Stock 6,514 $210.854 $1.37M
Sale Class A Common Stock 1,851 $211.575 $392K
holding Class B Common Stock -- -- --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class B Common Stock — 3,612,171 shares (Indirect, See footnote); Class A Common Stock — 45,410 shares (Indirect, See footnote); Class B Common Stock — 7,828 shares (Direct); Class A Common Stock — 23,554 shares (Direct)
Footnotes (1)
  1. Shares of Class B Common Stock were converted at a 1:1 ratio for a share of Class A Common Stock at the election of the Reporting Person. The shares are held directly by The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 26, 2024. This sale price represents the weighted average sale price of the shares sold ranging from $203.57 to $204.28 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. This sale price represents the weighted average sale price of the shares sold ranging from $206.43 to $207.37 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. This sale price represents the weighted average sale price of the shares sold ranging from $207.44 to $208.43 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. This sale price represents the weighted average sale price of the shares sold ranging from $208.44 to $209.43 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. This sale price represents the weighted average sale price of the shares sold ranging from $209.44 to $210.43 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. This sale price represents the weighted average sale price of the shares sold ranging from $210.44 to $211.435 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. This sale price represents the weighted average sale price of the shares sold ranging from $211.44 to $211.86 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. Certain of these securities are represented by Restricted Stock Units. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
 Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tang Stanley
(Last) (First) (Middle)
303 2ND STREET, SOUTH TOWER
8TH FLOOR
(Street)
SAN FRANCISCO CA 94107
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DoorDash, Inc. [ DASH ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/02/2026 J(1) 45,410 A $0 45,410 I See footnote(2)
Class A Common Stock 02/02/2026 S(3) 560 D $204.046(4) 44,850 I See footnote(2)
Class A Common Stock 02/02/2026 S(3) 1,000 D $207.172(5) 43,850 I See footnote(2)
Class A Common Stock 02/02/2026 S(3) 16,766 D $207.972(6) 27,084 I See footnote(2)
Class A Common Stock 02/02/2026 S(3) 11,800 D $208.889(7) 15,284 I See footnote(2)
Class A Common Stock 02/02/2026 S(3) 6,919 D $209.993(8) 8,365 I See footnote(2)
Class A Common Stock 02/02/2026 S(3) 6,514 D $210.854(9) 1,851 I See footnote(2)
Class A Common Stock 02/02/2026 S(3) 1,851 D $211.575(10) 0 I See footnote(2)
Class A Common Stock 23,554(11) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock (12) 02/02/2026 J(1) 45,410 (12) (12) Class A Common Stock 45,410 $0 3,612,171 I See footnote(2)
Class B Common Stock (12) (12) (12) Class A Common Stock 7,828 7,828 D
Explanation of Responses:
1. Shares of Class B Common Stock were converted at a 1:1 ratio for a share of Class A Common Stock at the election of the Reporting Person.
2. The shares are held directly by The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee.
3. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 26, 2024.
4. This sale price represents the weighted average sale price of the shares sold ranging from $203.57 to $204.28 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
5. This sale price represents the weighted average sale price of the shares sold ranging from $206.43 to $207.37 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
6. This sale price represents the weighted average sale price of the shares sold ranging from $207.44 to $208.43 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
7. This sale price represents the weighted average sale price of the shares sold ranging from $208.44 to $209.43 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
8. This sale price represents the weighted average sale price of the shares sold ranging from $209.44 to $210.43 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
9. This sale price represents the weighted average sale price of the shares sold ranging from $210.44 to $211.435 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
10. This sale price represents the weighted average sale price of the shares sold ranging from $211.44 to $211.86 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
11. Certain of these securities are represented by Restricted Stock Units.
12. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
/s/ Kimberly Hackman, by power of attorney 02/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did DoorDash (DASH) report for Stanley Tang?

The filing reports that a trust for DoorDash director Stanley Tang converted 45,410 Class B shares into 45,410 Class A shares, then sold all of those Class A shares in multiple trades under a pre-established Rule 10b5-1 trading plan.

At what prices were the DoorDash (DASH) shares sold in this Form 4?

The 45,410 DoorDash Class A shares were sold in several trades at weighted average prices ranging from $203.57 to $211.86 per share, with detailed price ranges for each trade block disclosed in the footnotes.

Was the DoorDash (DASH) insider sale part of a Rule 10b5-1 plan?

Yes. The sales of 45,410 Class A shares were effected under a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2024, indicating the trades were pre-arranged rather than opportunistic.

Who actually holds the DoorDash (DASH) shares involved in this Form 4?

The converted and sold shares were held by The ST Trust under an agreement dated October 2, 2019. Stanley Tang serves as trustee of this trust, so the transactions are reported as indirect beneficial ownership.

How many DoorDash (DASH) shares does Stanley Tang still beneficially own after these trades?

After the reported transactions, Stanley Tang indirectly beneficially owns 3,612,171 shares of Class B Common Stock through the trust and directly holds an additional 7,828 Class B shares and 23,554 Class A shares.

What is the conversion ratio between DoorDash (DASH) Class B and Class A shares?

Each share of DoorDash Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder, and the Class B shares involved in this filing were converted on a 1:1 basis.