DoorDash (DASH) director sells shares to pay RSU tax obligations

Rhea-AI Filing Summary

DoorDash director Stanley Tang sold 907 shares of Class A common stock in an open-market transaction at an average price of $175.496 per share. According to the filing, the sale was made to cover tax obligations from vesting restricted stock units. After this sale, Tang beneficially owns 22,647 shares directly, some of which are represented by RSUs.

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^*

Tang Stanley

(Last) (First) (Middle)

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)
02/20/2026

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	02/20/2026		S(1)		907	D	$175.496	22,647(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/ Christina Whittaker, by power of attorney	02/24/2026
	** 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.

FAQ

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

Stanley Tang reported selling 907 shares of DoorDash Class A common stock. The sale was an open-market transaction and was conducted to cover tax obligations related to the vesting of restricted stock units, according to the filing’s footnotes.

How many DoorDash (DASH) shares did Stanley Tang sell and at what price?

Stanley Tang sold 907 shares of DoorDash Class A common stock at an average price of $175.496 per share. This transaction reflects a relatively small portion of his total reported holdings in the company’s stock.

Why did Stanley Tang sell DoorDash (DASH) shares in this transaction?

The filing states the shares were sold to cover tax obligations associated with the vesting of restricted stock units. Such tax-related sales are common when RSUs convert into shares and create taxable income for the holder.

How many DoorDash (DASH) shares does Stanley Tang own after the sale?

After the reported transaction, Stanley Tang beneficially owns 22,647 shares of DoorDash Class A common stock. The filing notes that certain of these securities are represented by restricted stock units that have not yet fully settled into common shares.

Was the DoorDash (DASH) insider transaction an open-market sale?

Yes. The Form 4 identifies the transaction as an open-market sale of non-derivative Class A common stock, coded “S” for sale. The transaction code description confirms it as a sale in open market or private transaction.

Does the DoorDash (DASH) Form 4 indicate any indirect ownership or special entities?

No. The reported shares are classified as directly owned by Stanley Tang. The footnotes focus on tax obligations and restricted stock units, without mentioning separate entities such as trusts, LLCs, or partnerships holding the shares.