DoorDash (NYSE: DASH) CEO Tony Xu sells 33K shares near $230
Rhea-AI Filing Summary
DoorDash, Inc. (DASH) reported insider transactions by Chief Executive Officer and director Tony Xu involving stock option exercises and related share sales. On August 24–25, 2026, he exercised options for a total of 33,334 shares of Class A Common Stock at an exercise price of $7.16 per share, and sold the same number of shares in open-market transactions at weighted-average prices around $230 per share under a Rule 10b5-1 trading plan adopted on September 9, 2025. The options exercised were fully vested and immediately exercisable. Following these transactions, an additional 8,159 shares are reported as held indirectly through TXX Investments LLC, whose sole member is a family trust for which Xu serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F4 | 3,767 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,767 | $7.16 | $27K |
| Sale | Class A Common Stock F1 | 3,767 | $230.00 | $866K |
| Exercise | Stock Option (right to buy) F4 | 29,567 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 29,567 | $7.16 | $212K |
| Sale | Class A Common Stock F1, F2 | 29,567 | $230.004 | $6.80M |
| holding | Class A Common Stock F3 | -- | -- | -- |
Footnotes (4)
- F1. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan that was adopted on September 9, 2025.
- F2. This sale price represents the weighted average sale price of the shares sold ranging from $230.00 to $230.07 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.
- F3. The shares are held by TXX Investments LLC, whose sole member is The Article 4 Trust under TXX Family Trust for which the Reporting Person serves as a trustee.
- F4. The shares underlying the option are fully vested and immediately exercisable.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
Stock Option (right to buy) financial
indirect ownership financial
FAQ
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