DoorDash (DASH) director Stanley Tang gains 10,361 shares via fund distribution
Rhea-AI Filing Summary
DoorDash director Stanley Tang reported an internal restructuring-related acquisition of 10,361 shares of Class A Common Stock on August 7, 2026. These shares were received as part of Sequoia Capital Fund’s pro rata in-kind distribution to investment funds in which the reporting person’s estate planning vehicles are partners and are held indirectly through The ST Trust, for which he serves as trustee. Following the transactions reported, he also holds 40,218 shares directly, a portion of which are represented by Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,361 shares
Net Buy
2 txns
Insider
Tang Stanley
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F1, F2 | 10,361 | $0.00 | $0.00 |
| holding | Class A Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 10,361 shares (Indirect, See footnote);
Class A Common Stock — 40,218 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. The shares are held directly by The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee.
- F3. Certain of these securities are represented by Restricted Stock Units.
Key Figures
Shares acquired: 10,361 shares of Class A Common Stock
Indirect holdings after transaction: 10,361 shares
Direct holdings after transaction: 40,218 shares
3 metrics
Shares acquired
10,361 shares of Class A Common Stock
Received August 7, 2026 via pro rata in-kind distribution to estate planning vehicles and The ST Trust
Indirect holdings after transaction
10,361 shares
Held by The ST Trust under agreement dated October 2, 2019
Direct holdings after transaction
40,218 shares
Directly held Class A Common Stock, certain represented by Restricted Stock Units
Key Terms
in-kind distribution, estate planning vehicles, Restricted Stock Units, Class A Common Stock
4 terms
in-kind distribution financial
"received as part of Sequoia Capital Fund's pro rata in-kind distribution to the partners"
A distribution of value to shareholders or beneficiaries made by transferring assets instead of paying cash, such as shares, bonds, or property. Like receiving a box of goods rather than money, it changes what you hold rather than adding liquid funds; investors care because it affects a portfolio’s composition, liquidity, tax reporting, and cost basis for the received assets.
estate planning vehicles financial
"investment funds in which the Reporting Person's estate planning vehicles are partners"
Restricted Stock Units financial
"Certain of these securities are 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.
Class A Common Stock financial
"security_title: 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did DoorDash (DASH) director Stanley Tang report?
Stanley Tang reported acquiring 10,361 shares of DoorDash Class A Common Stock on August 7, 2026. The shares were received via a pro rata in-kind distribution and are held indirectly through The ST Trust.
What does the Form 4 say about Stanley Tang’s Restricted Stock Units in DoorDash (DASH)?
The Form 4 notes that certain securities within the reported 40,218 directly held shares are represented by Restricted Stock Units, indicating that part of his direct position is in RSU form rather than fully vested shares.