DoorDash director Tang's trust sells 23,125 shares
The reported transactions include a one-for-one Class B-to-Class A conversion and Class A sales under a Rule 10b5-1 plan.
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Rhea-AI Filing Summary
DoorDash, Inc. director Stanley Tang reported that The ST Trust, for which he serves as trustee, converted 23,125 Class B shares into 23,125 Class A shares at a 1:1 ratio on October 2, 2026. The trust's reported Class A sales totaled 23,125 shares that day, with transaction-level weighted-average prices from $181.419 to $189.276 per share. The reported sales were made under a Rule 10b5-1 trading plan Stanley Tang adopted on December 3, 2025.
Insights
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Common Stock F14, F1, F2 | 23,125 | $0.00 | $0.00 |
| Other | Class A Common Stock F1, F2 | 23,125 | $0.00 | $0.00 |
| Sale | Class A Common Stock F3, F4, F2 | 1,000 | $181.419 | $181K |
| Sale | Class A Common Stock F3, F5, F2 | 1,500 | $182.416 | $274K |
| Sale | Class A Common Stock F3, F6, F2 | 3,500 | $183.499 | $642K |
| Sale | Class A Common Stock F3, F7, F2 | 2,900 | $184.555 | $535K |
| Sale | Class A Common Stock F3, F8, F2 | 1,600 | $185.791 | $297K |
| Sale | Class A Common Stock F3, F9, F2 | 1,800 | $186.624 | $336K |
| Sale | Class A Common Stock F3, F10, F2 | 3,999 | $187.699 | $751K |
| Sale | Class A Common Stock F3, F11, F2 | 6,326 | $188.865 | $1.19M |
| Sale | Class A Common Stock F3, F12, F2 | 500 | $189.276 | $95K |
| holding | Class A Common Stock F13 | -- | -- | -- |
Footnotes (14)
- F1. 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.
- F2. The shares are held directly by The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee.
- F3. The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2025.
- F4. This sale price represents the weighted average sale price of the shares sold ranging from $180.85 to $181.79 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.
- F5. This sale price represents the weighted average sale price of the shares sold ranging from $181.87 to $182.84 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.
- F6. This sale price represents the weighted average sale price of the shares sold ranging from $183.00 to $183.99 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.
- F7. This sale price represents the weighted average sale price of the shares sold ranging from $184.065 to $185.05 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.
- F8. This sale price represents the weighted average sale price of the shares sold ranging from $185.21 to $186.20 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.
- F9. This sale price represents the weighted average sale price of the shares sold ranging from $186.21 to $187.16 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.
- F10. This sale price represents the weighted average sale price of the shares sold ranging from $187.21 to $188.18 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.
- F11. This sale price represents the weighted average sale price of the shares sold ranging from $188.25 to $189.24 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.
- F12. This sale price represents the weighted average sale price of the shares sold ranging from $189.25 to $189.33 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.
- F13. Certain of these securities are represented by Restricted Stock Units.
- F14. 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan financial
weighted average sale price financial
Restricted Stock Units financial
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What holdings were reported after Stanley Tang's DASH transactions?
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