[Form 4] DoorDash, Inc. Insider Trading Activity
Andy Fang, a director of DoorDash, Inc. (DASH), reported transactions dated 10/01/2025. He converted 30,000 shares of Class B common stock into Class A common stock at a 1:1 ratio and subsequently sold 30,000 Class A shares in multiple tranches under a Rule 10b5-1 trading plan adopted on March 6, 2025. The sales were executed at weighted-average prices in price bands ranging approximately from $265.48 to $271.03 per share, reported as grouped weighted averages for each tranche. Following the reported transactions, the filing shows 0 shares directly owned and 5,989,604 shares beneficially owned indirectly through The AF Living Trust UTA dated 9/4/19, for which Mr. Fang serves as trustee. The Form 4 was signed by power of attorney on 10/03/2025.
Andy Fang, un regista di DoorDash, Inc. (DASH), ha riportato transazioni datate 10/01/2025. Ha convertito 30.000 azioni ordinarie di Classe B in azioni ordinarie di Classe A al rapporto 1:1 e successivamente ha venduto 30.000 azioni Classe A in più tranche ai sensi di un piano di negoziazione Rule 10b5-1 adottato il 6 marzo 2025. Le vendite sono state eseguite a prezzi medi ponderati in fasce di prezzo che vanno approssimativamente da $265,48 a $271,03 per azione, riportate come medie ponderate raggruppate per ciascuna tranche. Dopo le transazioni riportate, la dichiarazione mostra 0 azioni possedute direttamente e 5.989.604 azioni possedute indirettamente tramite The AF Living Trust UTA datato 9/4/19, per cui il signor Fang è fiduciario. Il Form 4 è stato firmato per procura il 10/03/2025.
Andy Fang, un director de DoorDash, Inc. (DASH), reportó transacciones con fecha 10/01/2025. Convertió 30.000 acciones ordinarias de Clase B en acciones ordinarias de Clase A a razón de 1:1 y posteriormente vendió 30.000 acciones Clase A en varias tramas bajo un plan de negociación Rule 10b5-1 adoptado el 6 de marzo de 2025. Las ventas se ejecutaron a precios promedio ponderados en bandas de precio que oscilaban aproximadamente entre $265,48 y $271,03 por acción, reportadas como promedios ponderados agrupados para cada tramo. Tras las transacciones reportadas, el expediente muestra 0 acciones poseídas directamente y 5.989.604 acciones poseídas indirectamente a través de The AF Living Trust UTA con fecha de 9/4/19, para el cual el Sr. Fang actúa como fiduciario. El Formulario 4 fue firmado por poder notarial el 3/10/2025.
Andy Fang은 DoorDash, Inc.(DASH)의 이사로서 10/01/2025에 날짜가 표시된 거래를 보고했습니다. 그는 30,000주를 클래스 B 일반주에서 클래스 A 일반주로 1:1 비율로 전환했으며, 이후 10b5-1 규칙에 따라 2025년 3월 6일에 채택된 거래 계획에 따라 여러 차례에 걸쳐 30,000주를 클래스 A 주식으로 매도했습니다. 매도는 각 구간별로 가중 평균가로 실행되었으며 주당 가격대가 대략 $265.48에서 $271.03 사이로 보고되었고, 각 구간에 대한 그룹화된 가중 평균으로 보고되었습니다. 보고된 거래 후, 파일은 직접 보유 주식 0주와 The AF Living Trust UTA(날짜 2019-09-04)를 통해 간접적으로 보유한 주식 5,989,604주를 나타내며, Fang 씨가 신탁자로 재직합니다. Form 4는 2025-10-03에 대리인 서명으로 작성되었습니다.
Andy Fang, un directeur de DoorDash, Inc. (DASH), a rapporté des transactions datées du 01/10/2025. Il a converti 30 000 actions ordinaires de classe B en actions ordinaires de classe A au ratio 1:1 et a ensuite vendu 30 000 actions de classe A en plusieurs tranches dans le cadre d'un plan de négociation Rule 10b5-1 adopté le 6 mars 2025. Les ventes ont été exécutées à des prix moyens pondérés dans des bandes de prix allant approximativement de $265,48 à $271,03 par action, rapportées comme des moyennes pondérées groupées pour chaque tranche. Suite aux transactions reportées, le dossier montre 0 actions détenues directement et 5 989 604 actions détenues indirectement par le biais du The AF Living Trust UTA daté du 9/4/19, pour lequel M. Fang agit en fiduciaire. Le formulaire 4 a été signé par procuration le 10/03/2025.
Andy Fang, ein Direktor von DoorDash, Inc. (DASH), meldete Transaktionen mit dem Datum 10/01/2025. Er hat 30.000 Aktien der Klasse B in Aktien der Klasse A zu einem Verhältnis von 1:1 umgewandelt und anschließend 30.000 Aktien der Klasse A in mehreren Tranchen im Rahmen eines unter einem Rule 10b5-1-Handelsplans am 6. März 2025 eingeführten Plans verkauft. Die Verkäufe wurden zu gewogenen Durchschnittspreisen in Preisspannen ausgeführt, die ungefähr von $265,48 bis $271,03 pro Aktie reichen, berichtet als gruppierte gewichtete Durchschnitte für jede Tranche. Nach den gemeldeten Transaktionen zeigt die Einreichung 0 direkt gehaltene Aktien und 5.989.604 Aktien, die indirekt durch den The AF Living Trust UTA datiert 9/4/19 gehalten werden, für den Herr Fang als Trustee fungiert. Das Formular 4 wurde durch Vollmacht am 03/10/2025 unterschrieben.
آندي فَانغ، مدير في DoorDash, Inc. (DASH)، أبلغ عن معاملات بتاريخ 10/01/2025. لقد حوّل 30,000 سهماً من الفئة B العادية إلى فئة A العادية بنسبة 1:1 ثم باع 30,000 سهماً من فئة A في عدة دفعات ضمن خطة تداول Rule 10b5-1 المعتمدة في 6 مارس 2025. تم تنفيذ المبيعات بأسعار متوسطة موزونة في نطاقات سعرية تقارب من $265.48 إلى $271.03 للسهم، مُبلّغ عنها كمتوسطات موزونة مجمّعة لكل دفعة. بعد المعاملات المبلغ عنها، تُظهر الوثيقة وجود 0 أسهم مملوكة مباشرة و 5,989,604 أسهم مملوكة بشكل غير مباشر من خلال The AF Living Trust UTA بتاريخ 9/4/19، الذي يعمل فيه السيد فَانغ كوصي. تم توقيع النموذج 4 بواسطة توكيل في 10/03/2025.
Andy Fang,DoorDash, Inc.(DASH)的 董事,报告了日期为 10/01/2025 的交易。他将 30,000 股 B 类普通股按 1:1 比率转换为 A 类普通股,随后在根据于 2025 年 3 月 6 日设立的 Rule 10b5-1 交易计划下以多批次出售了 30,000 股 A 类普通股。销售以加权平均价格执行,价格带大致介于每股 $265.48 至 $271.03 之间,作为每个批次的分组加权平均价披露。报告交易后,备案显示直接持有 0 股,间接通过 The AF Living Trust UTA 持有的股份为 5,989,604 股,信托受托人为 Fang 先生。Form 4 于 2025/10/03 由授权签署。
- Sales were executed under a Rule 10b5-1 trading plan adopted on March 6, 2025, indicating prearranged transactions
- Indirect beneficial ownership of 5,989,604 shares is retained via The AF Living Trust UTA dated 9/4/19
- Director's direct holdings reduced to 0 following the reported sales
- 30,000 Class A shares were sold at weighted-average prices between $265.48 and $271.03, realizing substantial liquidity
Insights
Transactions used a pre-established Rule 10b5-1 plan with staggered weighted-average sale prices.
The Form 4 discloses that the reported sales of 30,000 Class A shares were effected pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2025, which indicates the trades were prearranged rather than opportunistic. The filing provides weighted-average sale prices for each tranche in bands from $265.48 to $271.03, with the registrant offering to provide detailed per-trade amounts on request.
This structure is relevant for compliance review because 10b5-1 plans can provide affirmative defenses to insider trading liability when properly adopted and executed.
Director reduced direct holdings to 0 while retaining substantial indirect ownership through a trust.
The reporting shows the director converted 30,000 Class B shares to Class A and sold those Class A shares, resulting in 0 direct shares reported after the final tranche. Simultaneously, the filing shows 5,989,604 Class A shares beneficially owned indirectly via The AF Living Trust UTA dated 9/4/19, where Mr. Fang is trustee.
For investors, this clarifies that while direct share holdings were liquidated in the reported tranches, significant indirect economic exposure remains through the trust.
Andy Fang, un regista di DoorDash, Inc. (DASH), ha riportato transazioni datate 10/01/2025. Ha convertito 30.000 azioni ordinarie di Classe B in azioni ordinarie di Classe A al rapporto 1:1 e successivamente ha venduto 30.000 azioni Classe A in più tranche ai sensi di un piano di negoziazione Rule 10b5-1 adottato il 6 marzo 2025. Le vendite sono state eseguite a prezzi medi ponderati in fasce di prezzo che vanno approssimativamente da $265,48 a $271,03 per azione, riportate come medie ponderate raggruppate per ciascuna tranche. Dopo le transazioni riportate, la dichiarazione mostra 0 azioni possedute direttamente e 5.989.604 azioni possedute indirettamente tramite The AF Living Trust UTA datato 9/4/19, per cui il signor Fang è fiduciario. Il Form 4 è stato firmato per procura il 10/03/2025.
Andy Fang, un director de DoorDash, Inc. (DASH), reportó transacciones con fecha 10/01/2025. Convertió 30.000 acciones ordinarias de Clase B en acciones ordinarias de Clase A a razón de 1:1 y posteriormente vendió 30.000 acciones Clase A en varias tramas bajo un plan de negociación Rule 10b5-1 adoptado el 6 de marzo de 2025. Las ventas se ejecutaron a precios promedio ponderados en bandas de precio que oscilaban aproximadamente entre $265,48 y $271,03 por acción, reportadas como promedios ponderados agrupados para cada tramo. Tras las transacciones reportadas, el expediente muestra 0 acciones poseídas directamente y 5.989.604 acciones poseídas indirectamente a través de The AF Living Trust UTA con fecha de 9/4/19, para el cual el Sr. Fang actúa como fiduciario. El Formulario 4 fue firmado por poder notarial el 3/10/2025.
Andy Fang은 DoorDash, Inc.(DASH)의 이사로서 10/01/2025에 날짜가 표시된 거래를 보고했습니다. 그는 30,000주를 클래스 B 일반주에서 클래스 A 일반주로 1:1 비율로 전환했으며, 이후 10b5-1 규칙에 따라 2025년 3월 6일에 채택된 거래 계획에 따라 여러 차례에 걸쳐 30,000주를 클래스 A 주식으로 매도했습니다. 매도는 각 구간별로 가중 평균가로 실행되었으며 주당 가격대가 대략 $265.48에서 $271.03 사이로 보고되었고, 각 구간에 대한 그룹화된 가중 평균으로 보고되었습니다. 보고된 거래 후, 파일은 직접 보유 주식 0주와 The AF Living Trust UTA(날짜 2019-09-04)를 통해 간접적으로 보유한 주식 5,989,604주를 나타내며, Fang 씨가 신탁자로 재직합니다. Form 4는 2025-10-03에 대리인 서명으로 작성되었습니다.
Andy Fang, un directeur de DoorDash, Inc. (DASH), a rapporté des transactions datées du 01/10/2025. Il a converti 30 000 actions ordinaires de classe B en actions ordinaires de classe A au ratio 1:1 et a ensuite vendu 30 000 actions de classe A en plusieurs tranches dans le cadre d'un plan de négociation Rule 10b5-1 adopté le 6 mars 2025. Les ventes ont été exécutées à des prix moyens pondérés dans des bandes de prix allant approximativement de $265,48 à $271,03 par action, rapportées comme des moyennes pondérées groupées pour chaque tranche. Suite aux transactions reportées, le dossier montre 0 actions détenues directement et 5 989 604 actions détenues indirectement par le biais du The AF Living Trust UTA daté du 9/4/19, pour lequel M. Fang agit en fiduciaire. Le formulaire 4 a été signé par procuration le 10/03/2025.
Andy Fang, ein Direktor von DoorDash, Inc. (DASH), meldete Transaktionen mit dem Datum 10/01/2025. Er hat 30.000 Aktien der Klasse B in Aktien der Klasse A zu einem Verhältnis von 1:1 umgewandelt und anschließend 30.000 Aktien der Klasse A in mehreren Tranchen im Rahmen eines unter einem Rule 10b5-1-Handelsplans am 6. März 2025 eingeführten Plans verkauft. Die Verkäufe wurden zu gewogenen Durchschnittspreisen in Preisspannen ausgeführt, die ungefähr von $265,48 bis $271,03 pro Aktie reichen, berichtet als gruppierte gewichtete Durchschnitte für jede Tranche. Nach den gemeldeten Transaktionen zeigt die Einreichung 0 direkt gehaltene Aktien und 5.989.604 Aktien, die indirekt durch den The AF Living Trust UTA datiert 9/4/19 gehalten werden, für den Herr Fang als Trustee fungiert. Das Formular 4 wurde durch Vollmacht am 03/10/2025 unterschrieben.
FAQ
What did Andy Fang report in the Form 4 for DoorDash (DASH)?
Mr. Fang reported converting 30,000 Class B shares to Class A and selling 30,000 Class A shares on 10/01/2025 under a Rule 10b5-1 plan.
How many DoorDash shares does Andy Fang beneficially own after the transactions?
The filing shows 0 direct shares and 5,989,604 shares beneficially owned indirectly through The AF Living Trust UTA dated 9/4/19.
At what prices were the DoorDash shares sold?
Sales were reported in tranches with weighted-average prices in ranges from approximately $265.48 to $271.03 per share; each tranche lists a weighted-average sale price band in the footnotes.
When was the 10b5-1 trading plan adopted that governed these sales?
The Form 4 states the Rule 10b5-1 trading plan was adopted on March 6, 2025.
Who holds the shares indirectly for Andy Fang?
The shares are held by The AF Living Trust UTA dated 9/4/19, for which Mr. Fang serves as trustee, per the filing.