STOCK TITAN

DoorDash (NYSE: DASH) CEO Tony Xu sells 33K shares near $230

(Neutral)
(Neutral)
Form Type
4

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 Xu Tony
Role CHIEF EXECUTIVE OFFICER
Sold 33,334 shs ($7.67M)
Approx. gross sale proceeds $7.67M
Approx. exercise cost $239K
Approx. pre-tax spread $7.43M
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 -- -- --
Holdings After Transaction: Stock Option (right to buy) — 1,150,805 shares (Direct); Class A Common Stock — 1,500 shares (Direct); Class A Common Stock — 8,159 shares (Indirect, See footnote)
Footnotes (4)
  1. 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.
  2. 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.
  3. 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.
  4. F4. The shares underlying the option are fully vested and immediately exercisable.
Shares sold 33,334 shares of Class A Common Stock Total shares sold in open-market transactions on August 24–25, 2026
Option exercise price $7.16 per share Exercise price of stock options converted into Class A Common Stock on August 24–25, 2026
Sale price August 24, 2026 $230.004 per share Weighted average sale price for 29,567 shares sold on August 24, 2026
Sale price August 25, 2026 $230.00 per share Sale price for 3,767 shares sold on August 25, 2026
Options exercised 33,334 options Stock options exercised into Class A Common Stock on August 24–25, 2026
Option expiration date October 9, 2028 Expiration date of the stock options exercised
Indirectly held shares 8,159 shares Class A Common Stock held indirectly through TXX Investments LLC and a family trust
Rule 10b5-1 plan adoption date September 9, 2025 Date Tony Xu’s trading plan governing these sales was adopted
Rule 10b5-1 trading plan regulatory
"The sales reported by the Reporting Person were effected 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.
weighted average sale price financial
"This sale price represents the weighted average sale price of the shares sold"
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
indirect ownership financial
"The shares are held by TXX Investments LLC, whose sole member is The Article 4 Trust"

FAQ

What did DoorDash (DASH) CEO Tony Xu report in this Form 4?

Tony Xu reported exercising stock options for 33,334 shares of DoorDash Class A Common Stock at an exercise price of $7.16 per share and selling the same number of shares in open-market transactions on August 24–25, 2026 under a Rule 10b5-1 trading plan.

How many DoorDash (DASH) shares did Tony Xu sell and at what prices?

Tony Xu reported selling a total of 33,334 shares of DoorDash Class A Common Stock. Sales on August 24, 2026 were at a weighted average price of about $230.004 per share, and sales on August 25, 2026 were at about $230.00 per share, as disclosed in the filing footnotes.

What stock options did Tony Xu exercise in DoorDash (DASH)?

Tony Xu exercised fully vested stock options covering 29,567 shares on August 24, 2026 and 3,767 shares on August 25, 2026. Each option had an exercise price of $7.16 per share and an expiration date of October 9, 2028, and converted into Class A Common Stock.

Were Tony Xu’s DoorDash (DASH) share sales under a Rule 10b5-1 plan?

Yes. The filing states that the reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 9, 2025, meaning the trades were pre-arranged under that plan rather than decided at the time of sale.

What indirect DoorDash (DASH) holdings does Tony Xu report?

The filing reports 8,159 shares of DoorDash Class A Common Stock held indirectly through TXX Investments LLC, whose sole member is The Article 4 Trust under TXX Family Trust, for which Tony Xu serves as trustee.

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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*
Xu Tony

(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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CHIEF EXECUTIVE OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/24/2026
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 Stock08/24/2026M29,567A$7.1631,067D
Class A Common Stock08/24/2026S(1)29,567D$230.004(2)1,500D
Class A Common Stock08/25/2026M3,767A$7.165,267D
Class A Common Stock08/25/2026S(1)3,767D$2301,500D
Class A Common Stock8,159ISee footnote(3)
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
Stock Option (right to buy)$7.1608/24/2026M29,567 (4)10/09/2028Class A Common Stock29,567$01,154,572D
Stock Option (right to buy)$7.1608/25/2026M3,767 (4)10/09/2028Class A Common Stock3,767$01,150,805D
Explanation of Responses:
1. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan that was adopted on September 9, 2025.
2. 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.
3. 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.
4. The shares underlying the option are fully vested and immediately exercisable.
/s/ Kimberly Hackman, by power of attorney08/26/2026
** 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)