STOCK TITAN

DASH Insider Sells 2,733 Shares After RSU Vesting; Tax-Withholding Sale

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

Rhea-AI Filing Summary

DoorDash insider stock sale to cover taxes following RSU vesting. The filing shows Chief Accounting Officer Lee Gordon sold a total of 2,733 shares of Class A common stock on 08/20/2025 in two transactions: 2,655 shares at $238.098 and 78 shares at $241.171. After these sales, Mr. Gordon beneficially owned 91,020 and 90,942 shares (the filing notes some holdings are represented by restricted stock units). The form indicates the sales were made to satisfy tax obligations related to RSU vesting and was signed by a POA on 08/22/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine tax-withholding sale by an officer; limited direct signal about company fundamentals.

The transactions represent a small, standardized disposal to cover tax liabilities triggered by RSU vesting rather than a discretionary divestiture. The aggregate sale of 2,733 shares against a reported beneficial ownership near ~91,000 shares is immaterial relative to typical issuer float and does not change ownership control. No derivative transactions, new grants, or additional compensatory details are disclosed. Impact on valuation or operating outlook is neutral based on the information provided.

TL;DR: Disclosure follows standard Form 4 practice; indicates compliance with Section 16 reporting requirements.

The form identifies the reporting person, relationship (Chief Accounting Officer), transaction dates, prices, and that sales were for tax-withholding on RSU vesting. The timely filing and signature by a power of attorney demonstrate adherence to reporting obligations. There is no indication of unusual trading patterns, planned sale programs, or related-party transactions beyond the tax-related sell-to-cover. Governance implications are neutral.

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).
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*
Lee Gordon S

(Last) (First) (Middle)
C/O DOORDASH, INC.
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF ACCOUNTING OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025
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 08/20/2025 S(1) 2,655 D $238.098 91,020(2) D
Class A Common Stock 08/20/2025 S(1) 78 D $241.171 90,942(2) 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
Explanation of Responses:
1. Shares sold to cover tax obligations in connection with the vesting of restricted stock units ("RSUs").
2. Certain of these securities are represented by RSUs.
/s/ Kimberly Hackman, by power of attorney 08/22/2025
** 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.

FAQ

What did DoorDash (DASH) insider Lee Gordon report on Form 4?

The Form 4 reports that Chief Accounting Officer Lee Gordon sold a total of 2,733 Class A shares on 08/20/2025 to cover tax obligations from RSU vesting.

How many shares did Lee Gordon own after the transactions?

Following the reported transactions, the filing shows beneficial ownership of 91,020 and 90,942 shares (some represented by RSUs) as reported in the table.

At what prices were the shares sold in the Form 4?

The filing lists two sale prices: $238.098 for 2,655 shares and $241.171 for 78 shares.

Why were the shares sold according to the filing?

The Form 4 explanation states the shares were sold to cover tax obligations in connection with the vesting of restricted stock units (RSUs).

When was the Form 4 signed and filed?

The signature block shows a power of attorney signed the filing on 08/22/2025.
Doordash Inc

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DASH Stock Data

88.99B
404.07M
0.6%
95.18%
3.12%
Internet Retail
Services-business Services, Nec
Link
United States
SAN FRANCISCO