[Form 4] DoorDash, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filed for Prabir Adarkar, President and COO of DoorDash, Inc. (DASH). The filing reports two sales on 08/20/2025 of Class A common stock to cover tax obligations from RSU vesting: 15,661 shares sold at $238.098 per share and 465 shares sold at $241.171 per share. After these transactions the filing lists beneficial ownership figures of 926,893 and 926,428 shares, and notes that certain securities are represented by RSUs. The report is signed by power of attorney on 08/22/2025.

Positive

• Timely and clear disclosure of insider transactions consistent with Section 16 requirements
• Sales explicitly identified as to cover tax obligations from RSU vesting, clarifying the purpose

Negative

• Reduction in beneficial ownership through sale of 15,661 and 465 shares (total 16,126 shares)
• Some holdings are represented by RSUs, which may affect interpretation of voting or transfer rights

Insights

Financial Analyst

TL;DR: Routine insider sales to satisfy tax withholding from RSU vesting; limited market impact.

The reported transactions are labeled as sales to cover tax obligations tied to RSU vesting, a common liquidity event for executives receiving restricted stock. The aggregated shares sold (16,126 shares) represent the disclosed disposals on a single date at prices of $238.098 and $241.171. Because the filing does not disclose broader programmatic sales, and the remaining beneficial ownership remains in the high six-figure range, these transactions appear administrative rather than indicative of a change in company outlook.

Corporate Governance Expert

TL;DR: Disclosure aligns with Section 16 reporting; the filing shows compliance and RSU-related withholding.

The Form 4 clearly identifies the reporting person as President and COO and specifies the sales were to cover tax obligations from vested RSUs. The explanation clarifies that certain holdings are RSU-represented, which is important for understanding exercisability and ownership calculations. The timely filing and use of power of attorney for signature support proper insider reporting procedures.

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).

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^*

Adarkar Prabir

(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)
	PRESIDENT AND COO

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)		15,661	D	$238.098	926,893(2)	D
Class A Common Stock	08/20/2025		S(1)		465	D	$241.171	926,428(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 transactions did Prabir Adarkar report on the Form 4 for DASH?

The Form 4 reports sales on 08/20/2025 of 15,661 shares at $238.098 and 465 shares at $241.171, to cover tax obligations from RSU vesting.

Why were the shares sold according to the filing?

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

How many shares does the filing show as beneficially owned after the transactions?

The filing lists beneficial ownership figures of 926,893 and 926,428 shares after the reported transactions, noting some are represented by RSUs.

When was the Form 4 signed and filed?

The signature by power of attorney appears dated 08/22/2025 and the transactions are dated 08/20/2025.

Does the filing indicate these sales were part of a planned trading program (Rule 10b5-1)?

The filing includes the checkbox language for Rule 10b5-1 plans but does not state that these transactions were made pursuant to a 10b5-1 plan.