DoorDash (DASH) founder trust lines up new stock sale
Rhea-AI Filing Summary
DoorDash, Inc. (DASH) is the issuer for a Rule 144 notice filed for sales of its Class A common stock by THE ST TRUST, for which Stanley Tang signed. The trust indicates an intention to sell 167,296 Class A shares through broker Morgan Stanley Smith Barney LLC. The filing also lists recent 10b5-1 plan sales of DoorDash Class A shares by THE ST TRUST and by Wei Rui Stanley Tang over the prior three months in multiple tranches.
Positive
- None.
Negative
- None.
Key Figures
Shares intended for sale under Rule 144: 167,296 shares
Broker-reported value for shares to be sold: 37,199,938.56
Shares sold 08/03/2026 by THE ST TRUST: 67,693 shares
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8 metrics
Shares intended for sale under Rule 144
167,296 shares
Class A common stock of DoorDash, Inc. for THE ST TRUST
Broker-reported value for shares to be sold
37,199,938.56
Associated with 167,296 Class A shares in the broker section
Shares sold 08/03/2026 by THE ST TRUST
67,693 shares
10b5-1 sales of DoorDash Class A common
Amount for 08/03/2026 sale by THE ST TRUST
13,581,179.15
10b5-1 sale of 67,693 Class A shares
Shares sold 07/02/2026 by THE ST TRUST
23,125 shares
10b5-1 sale of DoorDash Class A common
Amount for 07/02/2026 sale by THE ST TRUST
4,421,338.13
10b5-1 sale of 23,125 Class A shares
Shares sold 06/02/2026 by THE ST TRUST
23,125 shares
10b5-1 sale of DoorDash Class A common
Shares sold 08/03/2026 by Wei Rui Stanley Tang
1,671 shares
10b5-1 sale of DoorDash Class A common
Key Terms
Rule 144, 10b5-1, Founders Shares, Class A Common
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10b5-1 regulatory
"10b5-1 Sales for THE ST TRUST 303 2nd Street, South Tower"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Class A Common financial
"Class A Common | Morgan Stanley Smith Barney LLC Executive"
FAQ
What does this Form 144 filing mean for DoorDash, Inc. (DASH)?
The Form 144 gives notice that THE ST TRUST may sell 167,296 DoorDash Class A shares under Rule 144. It also discloses several recent 10b5-1 plan sales of DoorDash shares by the trust and by Wei Rui Stanley Tang over the past three months.
Which broker is handling the potential DoorDash (DASH) Rule 144 sale?
The Rule 144 notice identifies Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, New York, as the broker for the potential sale of 167,296 DoorDash Class A shares.
What 10b5-1 plan sales involving DoorDash (DASH) are disclosed in this filing?
The filing lists 10b5-1 sales of DoorDash Class A shares, including THE ST TRUST selling 67,693 shares on 08/03/2026, 23,125 shares on 07/02/2026, and 23,125 shares on 06/02/2026, plus 1,671 shares sold by Wei Rui Stanley Tang on 08/03/2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.