DoorDash director sells 30,835 shares at $223–$227

DoorDash director Stanley Tang, through a trust, converted Class B to Class A shares and sold 30,835 Class A shares under a pre-set Rule 10b5-1 plan.

Rhea-AI Filing Summary

DoorDash, Inc. (DASH) director Stanley Tang reported an internal reclassification and net sale of shares on September 2, 2026. An associated trust converted 30,835 shares of Class B Common Stock into Class A Common Stock at a 1:1 ratio and then sold 30,835 Class A shares in a series of open-market transactions. These sales were made indirectly through The ST Trust, for which Tang serves as trustee, and were effected pursuant to a Rule 10b5-1 trading plan adopted on December 3, 2025. Following these transactions, The ST Trust held 3,318,885 shares of Class B Common Stock, which are convertible into Class A shares at the holder’s option, and Tang also held 35,887 Class A shares directly, some represented by restricted stock units.

Insider Trade Summary 10b5-1

Net Seller: 30,835 shares

Net Sell 8 txns

Insider Tang Stanley

Role Director

Sold 30,835 shs ($6.97M)

Type	Security	Shares	Price	Value
Other	Class B Common Stock F10, F1, F2	30,835	$0.00	$0.00
Other	Class A Common Stock F1, F2	30,835	$0.00	$0.00
Sale	Class A Common Stock F3, F4, F2	2,500	$223.601	$559K
Sale	Class A Common Stock F3, F5, F2	2,265	$224.512	$509K
Sale	Class A Common Stock F3, F6, F2	8,277	$225.747	$1.87M
Sale	Class A Common Stock F3, F7, F2	15,522	$226.52	$3.52M
Sale	Class A Common Stock F3, F8, F2	2,271	$227.229	$516K
holding	Class A Common Stock F9	--	--	--

Holdings After Transaction: Class B Common Stock — 3,318,885 contracts (Indirect, See footnote); Class A Common Stock — 10,361 shares (Indirect, See footnote); Class A Common Stock — 35,887 shares (Direct)

Footnotes (10)

1. 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.
2. F2. The shares are held directly by The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee.
3. F3. The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2025.
4. F4. This sale price represents the weighted average sale price of the shares sold ranging from $222.98 to $223.96 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.
5. F5. This sale price represents the weighted average sale price of the shares sold ranging from $224.04 to $224.89 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.
6. F6. This sale price represents the weighted average sale price of the shares sold ranging from $225.11 to $226.10 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.
7. F7. This sale price represents the weighted average sale price of the shares sold ranging from $226.11 to $227.08 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.
8. F8. This sale price represents the weighted average sale price of the shares sold ranging from $227.12 to $227.48 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.
9. F9. Certain of these securities are represented by Restricted Stock Units.
10. F10. 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.

Key Figures

Class B converted to Class A: 30,835 shares Class A shares sold: 30,835 shares Weighted average sale price block 1: $223.601 per share +6 more

9 metrics

Class B converted to Class A 30,835 shares Class B Common Stock converted into Class A Common Stock on September 2, 2026

Class A shares sold 30,835 shares Total Class A Common Stock sold indirectly in multiple blocks on September 2, 2026

Weighted average sale price block 1 $223.601 per share Sale of 2,500 Class A shares on September 2, 2026

Weighted average sale price block 2 $224.512 per share Sale of 2,265 Class A shares on September 2, 2026

Weighted average sale price block 3 $225.747 per share Sale of 8,277 Class A shares on September 2, 2026

Weighted average sale price block 4 $226.520 per share Sale of 15,522 Class A shares on September 2, 2026

Weighted average sale price block 5 $227.229 per share Sale of 2,271 Class A shares on September 2, 2026

Indirect Class B holdings after transaction 3,318,885 shares Class B Common Stock held by The ST Trust following the reported conversion

Direct Class A holdings 35,887 shares Class A Common Stock held directly by Stanley Tang, some as RSUs

Key Terms

Rule 10b5-1 trading plan, Restricted Stock Units, Class B Common Stock, weighted average sale price, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"The sale reported by the Reporting Person was 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.

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 B Common Stock financial

"Each share of Class B Common Stock is convertible into one share of Class A"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

weighted average sale price financial

"This sale price represents the weighted average sale price of the shares sold"

indirect ownership financial

"The shares are held directly by The ST Trust ... the Reporting Person serves as trustee"

FAQ

What did DoorDash (DASH) director Stanley Tang report in this Form 4?

He reported that a trust associated with him converted 30,835 Class B shares into 30,835 Class A shares on September 2, 2026, and then sold 30,835 Class A shares in multiple open-market transactions on the same date.

At what prices were the DoorDash (DASH) shares sold in Tang’s Form 4?

The reported weighted average sale prices were $223.601, $224.512, $225.747, $226.520, and $227.229 per share, each corresponding to separate sale blocks of Class A Common Stock on September 2, 2026.

Were Stanley Tang’s sales of DoorDash (DASH) stock under a Rule 10b5-1 plan?

Yes. A footnote states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Stanley Tang on December 3, 2025, and the filing’s Rule 10b5-1 checkbox is affirmed.

How many DoorDash (DASH) shares does Stanley Tang hold indirectly after these transactions?

After the September 2, 2026 conversion, The ST Trust held 3,318,885 shares of Class B Common Stock, which are convertible into an equal number of Class A shares at the holder’s option and have no expiration date.

What direct holdings in DoorDash (DASH) stock does Stanley Tang report?

He reports 35,887 shares of Class A Common Stock held directly as of the reported date. A footnote explains that certain of these securities are represented by Restricted Stock Units.

Who actually holds the DoorDash (DASH) shares involved in the reported transactions?

The shares sold and converted are held by The ST Trust under an agreement dated October 2, 2019. Stanley Tang serves as trustee, and the transactions are reported as indirect ownership through this trust.

What is the conversion feature of DoorDash (DASH) Class B Common Stock in this filing?

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, according to the footnotes.

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Available on EDGAR 09/04/2026 - 04:07 PM Accepted by SEC EDGAR 09/04/2026 - 04:05 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).

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^*

Tang Stanley

(Last) (First) (Middle)

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/02/2026		J(1)		30,835	A	$0	41,196	I	See footnote(2)
Class A Common Stock	09/02/2026		S(3)		2,500	D	$223.601(4)	38,696	I	See footnote(2)
Class A Common Stock	09/02/2026		S(3)		2,265	D	$224.512(5)	36,431	I	See footnote(2)
Class A Common Stock	09/02/2026		S(3)		8,277	D	$225.747(6)	28,154	I	See footnote(2)
Class A Common Stock	09/02/2026		S(3)		15,522	D	$226.52(7)	12,632	I	See footnote(2)
Class A Common Stock	09/02/2026		S(3)		2,271	D	$227.229(8)	10,361	I	See footnote(2)
Class A Common Stock								35,887(9)	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
Class B Common Stock	(10)	09/02/2026		J(1)			30,835	(10)	(10)	Class A Common Stock	30,835	$0	3,318,885	I	See footnote(2)

Explanation of Responses:

1. 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.

2. The shares are held directly by The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee.

3. The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2025.

4. This sale price represents the weighted average sale price of the shares sold ranging from $222.98 to $223.96 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.

5. This sale price represents the weighted average sale price of the shares sold ranging from $224.04 to $224.89 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.

6. This sale price represents the weighted average sale price of the shares sold ranging from $225.11 to $226.10 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.

7. This sale price represents the weighted average sale price of the shares sold ranging from $226.11 to $227.08 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.

8. This sale price represents the weighted average sale price of the shares sold ranging from $227.12 to $227.48 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.

9. Certain of these securities are represented by Restricted Stock Units.

10. 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.

	/s/ Kimberly Hackman, by power of attorney	09/04/2026
	** 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.
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)