DoorDash director Fang sells 1,263 shares

DoorDash, Inc. director Andy Fang reported selling a total of 1,263 shares of Class A Common Stock on August 20, 2025, in open-market or private transactions at prices of $238.098 and $241.171 per share.

Rhea-AI Filing Summary

DoorDash, Inc. director Andy Fang reported selling a total of 1,263 shares of Class A Common Stock on August 20, 2025, in open-market or private transactions at prices of $238.098 and $241.171 per share. The filing notes that shares were sold to cover tax obligations in connection with the vesting of restricted stock units ("RSUs") and that certain securities are represented by RSUs. After these transactions, Fang directly holds 21,282 shares of Class A Common Stock.

Insights

Securities Analyst

TL;DR: Routine RSU-related tax-sale by a director; not indicatively material to company fundamentals.

The filing documents a common liquidity action where vested RSUs triggered tax withholding, leading to 1,263 shares sold on 08/20/2025 at prices near $238–$241. The report lists resultant beneficial ownership counts and states some holdings remain as RSUs. There is no indication of option exercises, new grants, or derivative transactions. For investors, this is a disclosure of insider selling for tax purposes rather than a strategic divestiture.

Corporate Governance Expert

TL;DR: Director sale disclosed under Section 16; description explicitly cites tax-covering of vested RSUs.

The Form 4 properly identifies the reporting person as a director and provides transaction codes and prices for two disposals. The explanation clarifies the sales were to cover tax obligations related to RSU vesting, which is a standard compliance disclosure. The signature by a power of attorney is included, satisfying execution formalities. No additional governance issues or material changes in control are disclosed.

Insider Trade Summary

Net Seller: 1,263 shares

Net Sell 2 txns

Insider Fang Andy

Role Director

Sold 1,263 shs ($301K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	1,227	$238.098	$292K
Sale	Class A Common Stock	36	$241.171	$9K

Holdings After Transaction: Class A Common Stock — 21,282 shares (Direct)

Footnotes (2)

1. F1. Shares sold to cover tax obligations in connection with the vesting of restricted stock units ("RSUs").
2. F2. Certain of these securities are represented by RSUs.

Key Figures

Total shares sold: 1,263 shares Sale price for 1,227 shares: $238.098 per share Sale price for 36 shares: $241.171 per share +1 more

4 metrics

Total shares sold 1,263 shares Aggregate Class A Common Stock sold on August 20, 2025

Sale price for 1,227 shares $238.098 per share Price for main block of Class A shares sold on August 20, 2025

Sale price for 36 shares $241.171 per share Price for smaller block of Class A shares sold on August 20, 2025

Post-transaction holdings 21,282 shares Direct Class A Common Stock held by Andy Fang after reported sales

Key Terms

restricted stock units ("RSUs"), Class A Common Stock, open market or private transaction

3 terms

restricted stock units ("RSUs") financial

"Shares sold to cover tax obligations in connection with the vesting of RSUs."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Class A Common Stock financial

"Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

open market or private transaction financial

"Sale in open market or private transaction"

FAQ

What insider activity did DoorDash (DASH) report for director Andy Fang?

DoorDash reported that director Andy Fang sold 1,263 shares of Class A Common Stock on August 20, 2025. The transactions were open-market or private sales at prices of $238.098 and $241.171 per share, tied to RSU-related tax obligations.

How many DoorDash (DASH) shares does Andy Fang hold after the reported sale?

After the reported transactions, Andy Fang directly holds 21,282 shares of DoorDash Class A Common Stock. This post-transaction balance reflects his remaining direct ownership following the sale of 1,263 shares on August 20, 2025.

What prices were received in Andy Fang’s August 20, 2025 DoorDash (DASH) share sales?

Andy Fang sold DoorDash Class A shares at $238.098 per share for 1,227 shares and $241.171 per share for 36 shares. These reported prices apply to open-market or private transactions executed on August 20, 2025.

Were Andy Fang’s DoorDash (DASH) share sales related to RSU vesting?

The filing notes that shares were sold to cover tax obligations arising from the vesting of restricted stock units ("RSUs"). It also states that certain securities are represented by RSUs, linking the sales context to equity compensation.

What type of security did Andy Fang sell in this DoorDash (DASH) insider transaction?

Andy Fang sold Class A Common Stock of DoorDash, Inc., totaling 1,263 shares. The sales were reported as non-derivative transactions, distinct from options or other derivative securities, and were associated with RSU vesting tax obligations.

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Accepted by SEC EDGAR 08/22/2025 - 04:15 PM Learn about SEC filing dates

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
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).

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 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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)		1,227	D	$238.098	21,318(2)	D
Class A Common Stock	08/20/2025		S(1)		36	D	$241.171	21,282(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.
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