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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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 Trade Summary 10b5-1
| 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 | -- | -- | -- |
Footnotes (7)
- 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 by The AF Living Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee.
- 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.
- 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.
- F5. Certain of these securities are represented by Restricted Stock Units.
- 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.
- F7. The shares are held by AF 2025 GRAT for which the Reporting Person serves as trustee.
Key Figures
Key Terms
Rule 10b5-1 trading plan financial
pro rata in-kind distribution financial
Restricted Stock Units financial
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