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DoorDash director Andy Fang’s trust sells 5,000 shares

A DoorDash director's report pairs a Rule 10b5-1-plan sale with a one-for-one conversion and an in-kind fund distribution.

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Form Type
4

Rhea-AI Filing Summary

DoorDash, Inc. (DASH) director Andy Fang reported that The AF Living Trust converted 5,000 Class B shares into 5,000 Class A shares on November 2, 2026, and sold 5,000 Class A shares at $181.17 per share. The sale was made under a Rule 10b5-1 trading plan adopted March 6, 2026. An additional 4,954 Class A shares were reported as received through a pro rata in-kind distribution to partners of investment funds in which Fang’s estate-planning vehicles are partners.

Insider Fang Andy
Role Director
Sold 5,000 shs ($906K)
Type Security Shares Price Value
Other Class B Common Stock F6, F1, F2 5,000 $0.00 $0.00
Other Class A Common Stock F1, F2 5,000 $0.00 $0.00
Sale Class A Common Stock F3, F2 5,000 $181.17 $906K
Other Class A Common Stock F4, F2 4,954 $0.00 $0.00
Holding Class B Common Stock F6, F7 -- -- --
Holding Class B Common Stock F6 -- -- --
Holding Class A Common Stock F5 -- -- --
Holdings After Transaction: Class B Common Stock — 5,783,604 contracts for 144,000 underlying shares (Indirect, See footnote); Class A Common Stock — 4,954 shares (Indirect, See footnote); Class B Common Stock — 50,285 contracts (Direct); Class A Common Stock — 42,598 shares (Direct)
Footnotes (7)
  1. 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.
  2. F2. The shares are held by The AF Living Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee.
  3. F3. The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 6, 2026.
  4. F4. These shares were received as part of Sequoia Capital Fund's pro rata in-kind distribution to the partners of investment funds in which the Reporting Person's estate planning vehicles are partners.
  5. F5. Certain of these securities are represented by Restricted Stock Units.
  6. F6. 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.
  7. F7. The shares are held by AF 2025 GRAT for which the Reporting Person serves as trustee.
Class A shares sold 5,000 shares The AF Living Trust; November 2, 2026
Sale price $181.17 per share Class A shares sold on November 2, 2026
Class B shares converted 5,000 shares Converted into Class A shares on November 2, 2026
Class A shares received in conversion 5,000 shares November 2, 2026
Class A shares received in distribution 4,954 shares Pro rata in-kind distribution; November 2, 2026
Directly held Class A shares 42,598 shares Reported as of November 2, 2026; certain shares represented by Restricted Stock Units
Class A shares underlying indirectly held Class B shares 144,000 shares Reported as of November 2, 2026
Class A shares underlying directly held Class B shares 50,285 shares Reported as of November 2, 2026
Rule 10b5-1 trading plan financial
"pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
pro rata in-kind distribution financial
"pro rata in-kind distribution to the partners"
Restricted Stock Units financial
"represented by Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many DASH shares did director Andy Fang sell, and at what price?

The AF Living Trust sold 5,000 Class A shares at $181.17 per share on November 2, 2026. The sale was made under a Rule 10b5-1 trading plan adopted March 6, 2026.

What DASH shares did Andy Fang report holding after the transactions?

As of November 2, 2026, Andy Fang reported 42,598 directly held Class A shares, some represented by Restricted Stock Units. The report also lists Class B holdings convertible into 144,000 Class A shares indirectly and 50,285 Class A shares directly.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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).
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*
Fang Andy

(Last)(First)(Middle)
C/O DOORDASH, INC.
303 2ND STREET, SOUTH TOWER, 8TH FLOOR

(Street)
SAN FRANCISCO CALIFORNIA 94107

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DoorDash, Inc. [ DASH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock11/02/2026J(1)5,000A$05,000ISee footnote(2)
Class A Common Stock11/02/2026S(3)5,000D$181.170ISee footnote(2)
Class A Common Stock11/02/2026J(4)V4,954A$04,954ISee footnote(2)
Class A Common Stock42,598(5)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common Stock(6)11/02/2026J(1)5,000 (6) (6)Class A Common Stock5,000$05,639,604ISee footnote(2)
Class B Common Stock(6) (6) (6)Class A Common Stock144,000144,000ISee footnote(7)
Class B Common Stock(6) (6) (6)Class A Common Stock50,28550,285D
Explanation of Responses:
1. 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.
2. The shares are held by The AF Living Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee.
3. The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 6, 2026.
4. These shares were received as part of Sequoia Capital Fund's pro rata in-kind distribution to the partners of investment funds in which the Reporting Person's estate planning vehicles are partners.
5. Certain of these securities are represented by Restricted Stock Units.
6. 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.
7. The shares are held by AF 2025 GRAT for which the Reporting Person serves as trustee.
/s/ Kimberly Hackman, by power of attorney11/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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