DASH Form 144: 1,846 RSU shares proposed for sale via Morgan Stanley

Rhea-AI Filing Summary

DoorDash insider activity notice shows a proposed sale of 1,846 Class A common shares through Morgan Stanley Smith Barney with an aggregate market value of $459,266.34, targeting an approximate sale date of 08/27/2025. The shares were acquired as restricted stock units on 08/20/2025 and payment/settlement is recorded as 08/20/2025. The filing also discloses prior sales by the same person: 2,733 common shares sold on 08/20/2025 for $650,961.53, and a Rule 10b5-1 sale of 1,980 Class A common on 06/02/2025 for $422,215.20. Total shares outstanding reported: 402,361,247.

Positive

• Clear disclosure of proposed sale details (share count, broker, aggregate market value, exchange)
• Acquisition method stated (restricted stock units) and acquisition/settlement dates provided
• Prior sales documented, including a Rule 10b5-1 transaction, indicating preplanned disposal

Negative

• Insider selling activity is reported (totaling 6,559 shares sold or proposed across listed transactions)
• Filing lacks context about the insider’s role or reason for sale (not provided in this Form 144)

Insights

Securities Analyst

TL;DR: Routine insider sale disclosure; amounts are modest relative to company equity.

The Form 144 documents a proposed sale of 1,846 Class A shares and confirms recent dispositions (2,733 and 1,980 shares) with stated gross proceeds. This is a required disclosure under Rule 144 to permit resale of restricted or controlled securities and provides transparency on timing and amounts. The filing includes acquisition details showing the 1,846 shares originated as restricted stock units on 08/20/2025. There is no earnings or operational data here to change a valuation; the material information concerns insider liquidity events and compliance with resale rules.

Corporate Governance Expert

TL;DR: Disclosure aligns with regulatory requirements; includes a 10b5-1 sale indicating a preplanned transaction.

The notice properly identifies the broker, share counts, acquisition type (RSUs), and prior sales including a Rule 10b5-1 plan sale on 06/02/2025. That explicit reference to a 10b5-1 sale suggests at least some transactions were prearranged, which reduces the likelihood of trading on undisclosed material information. The signer also affirms no material nonpublic information at the time of filing, as required. This is a standard governance disclosure rather than a corporate-action filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1846	459266.34	402361247	08/27/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common	08/20/2025	Restricted Stock Units	Issuer			1846	08/20/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
GORDON LEE 303 2nd Street, South Tower, 8th Floor San Francisco CA 94107	Common	08/20/2025	2733	650961.53
10b5-1 Sales for GORDON LEE 303 2nd Street, South Tower, 8th Floor San Francisco CA 94107	Class A Common	06/02/2025	1980	422215.20

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What shares does the DoorDash Form 144 (DASH) propose to sell?

The notice proposes sale of 1,846 Class A common shares via Morgan Stanley Smith Barney, aggregate market value $459,266.34.

When is the approximate sale date listed on the Form 144?

The approximate date of sale for the proposed transaction is 08/27/2025.

Were any related insider sales recently disclosed in this filing?

Yes; the filing shows prior sales: 2,733 shares on 08/20/2025 for $650,961.53 and a 10b5-1 sale of 1,980 shares on 06/02/2025 for $422,215.20.

How were the proposed-to-be-sold shares acquired?

The 1,846 shares were acquired as restricted stock units (RSUs) on 08/20/2025.

Which broker is handling the proposed sale?

The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services.