[Form 4] DoorDash, Inc. Insider Trading Activity

Rhea-AI Filing Summary

DoorDash insider transaction: Tia Sherringham, General Counsel and Secretary, reported share disposals on 08/20/2025 to cover tax obligations related to the vesting of restricted stock units (RSUs). The Form 4 lists three sales: 9,152 shares at $238.098, 269 shares at $241.171, and 1 share at $242.08, for a total of 9,422 shares sold. Following these transactions, Sherringham beneficially owned 120,092 Class A shares, and the filing notes that certain of those shares are represented by RSUs. The signature on the form is by power of attorney dated 08/22/2025.

Positive

• Transparent disclosure of RSU tax-withholding sales with exact quantities and prices
• Significant retained ownership: 120,092 Class A shares remain beneficially owned
• Sales explicitly tied to RSU vesting, indicating routine compensation-related activity

Negative

• Insider disposed of 9,422 Class A shares on 08/20/2025 (aggregate of reported lots)
• Some beneficial shares remain as RSUs, which may convert to additional shares upon future vesting

Insights

Corporate Governance Expert

TL;DR: Routine RSU-related tax-withholding sale by an officer; no indication of change in control or governance.

The Form 4 shows an officer-level insider selling shares explicitly "to cover tax obligations in connection with the vesting of restricted stock units." Such transactions are typically administrative and consistent with standard company equity compensation mechanics. The insider retains a substantial stake (120,092 Class A shares), and the filing discloses that some of those shares remain as RSUs, indicating ongoing equity alignment with the company. There is no evidence in the filing of opportunistic trading beyond tax withholding.

Securities Analyst

TL;DR: Small, clearly labeled disposition tied to RSU vesting; impact on float and insider ownership is minimal.

The sales total 9,422 Class A shares executed at prices between $238.098 and $242.08 on 08/20/2025. Given the retained beneficial ownership of 120,092 shares and the stated RSU linkage, these disposals appear to be mechanical tax-withholding events rather than discretionary portfolio reallocation. The filing contains precise per-share prices and quantities, allowing verification of the transaction values if needed, but it does not signal material changes to the insider's exposure to the issuer.

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
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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^*

Sherringham Tia

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	GENERAL COUNSEL AND SECRETARY

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)		9,152	D	$238.098	120,362(2)	D
Class A Common Stock	08/20/2025		S(1)		269	D	$241.171	120,093(2)	D
Class A Common Stock	08/20/2025		S(1)		1	D	$242.08	120,092(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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FAQ

What did DoorDash insider Tia Sherringham report on Form 4 (DASH)?

The Form 4 reports that Tia Sherringham sold 9,422 Class A shares on 08/20/2025 to cover tax obligations from RSU vesting; she beneficially owns 120,092 shares following the sales.

Why were the shares sold according to the filing?

The filing states the shares were sold to cover tax obligations in connection with the vesting of restricted stock units (RSUs).

What prices were reported for the share sales on 08/20/2025?

The reported sale prices were $238.098 (9,152 shares), $241.171 (269 shares), and $242.08 (1 share).

How many DoorDash shares does Sherringham beneficially own after the transactions?

Following the reported transactions, the Form 4 lists 120,092 Class A shares beneficially owned; the filing notes some of these are represented by RSUs.

When was the Form 4 signed and by whom?

The Form 4 was signed by Kimberly Hackman, by power of attorney on 08/22/2025, as shown on the filing.