DASH Insider Sale: 4,386 Class A Shares Sold Under 10b5-1 Plan

Rhea-AI Filing Summary

Tia Sherringham, General Counsel and Secretary of DoorDash, sold 4,386 shares of Class A common stock on 08/22/2025 under a Rule 10b5-1 trading plan adopted March 7, 2025. The sales were reported in four transactions: 300 shares at a weighted average price of about $244.02, 700 shares at about $245.48, 1,900 shares at about $246.84 and 1,486 shares at about $247.54. Following these disposals, the amounts reported as beneficially owned on each line decline to 119,792; 119,092; 117,192; and 115,706 shares, respectively, indicating the reporter’s remaining direct holdings after each sale. The filing notes some shares are represented by restricted stock units and that detailed per-price breakdowns can be provided upon request.

Insights

Corporate Governance Expert

TL;DR: Routine, pre-planned insider sales under a 10b5-1 plan, indicating compliance with insider trading rules but reducing the officer’s stake.

The transactions were effected pursuant to a March 7, 2025 Rule 10b5-1 plan, which typically provides an affirmative defense against insider trading claims because trades are pre-authorized. The sales totaled 4,386 Class A shares executed in four tranches at weighted average prices ranging roughly from $244 to $248 per share. The filing discloses that some reported shares are RSUs, which affects how ownership is represented. From a governance perspective, this is a standard disclosure showing adherence to a trading plan; it does not by itself indicate company-specific governance issues.

Securities Analyst

TL;DR: Insider materially reduced direct share count modestly via market sales, but transactions were pre-planned and thus not an immediate negative signal.

The reporting person sold 4,386 shares across four transactions with weighted average sale prices reported in ranges between $243.45 and $248.04 per share. The stepwise decline in reported beneficial ownership to 115,706 shares after the last reported sale shows the net effect on the officer’s direct stake. Because trades were executed under a 10b5-1 plan, they are routine and provide limited new information about management’s view of company fundamentals; however, investors often note such sales when assessing insider alignment.

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
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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^*

Sherringham Tia

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	GENERAL COUNSEL AND SECRETARY

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

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	08/22/2025		S(1)		300	D	$244.017(2)	119,792(3)	D
Class A Common Stock	08/22/2025		S(1)		700	D	$245.477(4)	119,092(3)	D
Class A Common Stock	08/22/2025		S(1)		1,900	D	$246.835(5)	117,192(3)	D
Class A Common Stock	08/22/2025		S(1)		1,486	D	$247.544(6)	115,706(3)	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. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2025.

2. This sale price represents the weighted average sale price of the shares sold ranging from $243.45 to $244.35 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.

3. Certain of these securities are represented by RSUs.

4. This sale price represents the weighted average sale price of the shares sold ranging from $245.13 to $246.10 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 $246.17 to $247.16 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.

6. This sale price represents the weighted average sale price of the shares sold ranging from $247.19 to $248.04 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.

	/s/ Kimberly Hackman, by power of attorney	08/26/2025
	** 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.
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FAQ

What did DoorDash insider Tia Sherringham sell on 08/22/2025?

Tia Sherringham sold 4,386 shares of DoorDash Class A common stock in four transactions on 08/22/2025.

Were the sales by the DoorDash insider pre-planned under a Rule 10b5-1 plan?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 7, 2025.

What were the weighted average prices for the insider sales reported?

The filing reports weighted average sale prices of approximately $244.02, $245.48, $246.84, and $247.54 for the four transactions, with underlying price ranges disclosed for each.

How many shares did the insider beneficially own after the reported transactions?

Reported beneficial ownership after the transactions declined to 119,792; 119,092; 117,192; and 115,706 shares on the respective reporting lines, with the last line reflecting 115,706 shares.

Are any of the reported shares represented by restricted stock units (RSUs)?

Yes. The filing states that certain of the securities are represented by RSUs.