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DoorDash (NASDAQ: DASH) director Stanley Tang logs planned stock sales

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

DoorDash director Stanley Tang reported converting 67,693 shares of Class B Common Stock into Class A Common Stock at a 1:1 ratio and selling a total of 69,364 Class A shares (directly and via The ST Trust) on August 3, 2026 under a Rule 10b5-1 trading plan adopted on December 3, 2025. After these transactions, he held 40,218 Class A shares directly and 7,828 Class B shares directly, which are convertible into Class A on a 1:1 basis.

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Insider Tang Stanley
Role Director
Sold 69,364 shs ($13.92M)
Type Security Shares Price Value
Other Class B Common Stock F10, F3, F4 67,693 $0.00 $0.00
Sale Class A Common Stock F1, F2 1,671 $200.00 $334K
Other Class A Common Stock F3, F4 67,693 $0.00 $0.00
Sale Class A Common Stock F1, F5, F4 900 $198.986 $179K
Sale Class A Common Stock F1, F6, F4 35,723 $200.089 $7.15M
Sale Class A Common Stock F1, F7, F4 22,680 $200.94 $4.56M
Sale Class A Common Stock F1, F8, F4 5,690 $201.903 $1.15M
Sale Class A Common Stock F1, F9, F4 2,600 $203.005 $528K
Sale Class A Common Stock F1, F4 100 $203.64 $20K
holding Class B Common Stock F10 -- -- --
Holdings After Transaction: Class B Common Stock — 3,432,221 shares (Indirect, See footnote); Class A Common Stock — 40,218 shares (Direct); Class A Common Stock — 0 shares (Indirect, See footnote); Class B Common Stock — 7,828 shares (Direct)
Footnotes (10)
  1. F1. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2025.
  2. F2. Certain of these securities are represented by Restricted Stock Units.
  3. F3. 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.
  4. F4. The shares are held directly by The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee.
  5. F5. This sale price represents the weighted average sale price of the shares sold ranging from $198.36 to $199.29 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 $199.54 to $200.53 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 $200.54 to $201.53 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 $201.54 to $202.53 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. This sale price represents the weighted average sale price of the shares sold ranging from $202.56 to $203.49 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.
  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.
Class A shares sold 69,364 shares Aggregate Class A Common Stock sales reported for August 3, 2026
Direct Class A holdings after sale 40,218 shares Class A Common Stock held directly by Stanley Tang following August 3, 2026 transactions
Class B converted to Class A 67,693 shares Class B Common Stock converted 1:1 into Class A Common Stock on August 3, 2026
Remaining Class B convertible shares 7,828 shares Class B Common Stock directly held, each share convertible into one share of Class A
Rule 10b5-1 plan adoption date December 3, 2025 Date Stanley Tang adopted the Rule 10b5-1 trading plan covering these sales
Direct sale price $200.0000 per share Weighted average price for sale of 1,671 directly held Class A shares on August 3, 2026
Rule 10b5-1 trading plan regulatory
"The sales reported by the Reporting Person were 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
"Shares of Class B Common Stock were converted at a 1:1 ratio"
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"

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FAQ

What insider transactions did DoorDash (DASH) director Stanley Tang report?
Stanley Tang reported converting 67,693 Class B shares into Class A and selling a total of 69,364 Class A shares. The sales included both directly held shares and shares held by The ST Trust, for which he serves as trustee, all on August 3, 2026.

How many DoorDash (DASH) shares did Stanley Tang sell and at what prices?
Tang sold 69,364 Class A shares of DoorDash. These comprised 1,671 directly held shares at a weighted average price of $200.00 per share and multiple indirect sales by The ST Trust at weighted average prices generally between about $198 and $204 per share.

Were Stanley Tang’s DoorDash (DASH) stock sales made under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on December 3, 2025. Such plans pre-arrange trade timing and size, indicating these transactions followed a pre-established schedule rather than discretionary, real-time trading decisions.

What DoorDash (DASH) shareholdings does Stanley Tang report after these transactions?
Following the reported trades, Tang held 40,218 shares of DoorDash Class A Common Stock directly. He also held 7,828 shares of Class B Common Stock directly, which are convertible 1:1 into Class A shares at the holder’s option and have no expiration date.

How are DoorDash (DASH) Class B shares treated in Stanley Tang’s transactions?
Tang reported that Class B shares are convertible 1:1 into Class A Common Stock at the holder’s option with no expiration date. On August 3, 2026, he converted 67,693 Class B shares into the same number of Class A shares before reporting related sales.
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/03/2026S(1)1,671D$20040,218(2)D
Class A Common Stock08/03/2026J(3)67,693A$067,693ISee footnote(4)
Class A Common Stock08/03/2026S(1)900D$198.986(5)66,793ISee footnote(4)
Class A Common Stock08/03/2026S(1)35,723D$200.089(6)31,070ISee footnote(4)
Class A Common Stock08/03/2026S(1)22,680D$200.94(7)8,390ISee footnote(4)
Class A Common Stock08/03/2026S(1)5,690D$201.903(8)2,700ISee footnote(4)
Class A Common Stock08/03/2026S(1)2,600D$203.005(9)100ISee footnote(4)
Class A Common Stock08/03/2026S(1)100D$203.640ISee footnote(4)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common Stock(10)08/03/2026J(3)67,693 (10) (10)Class A Common Stock67,693$03,432,221ISee footnote(4)
Class B Common Stock(10) (10) (10)Class A Common Stock7,8287,828D
Explanation of Responses:
1. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2025.
2. Certain of these securities are represented by Restricted Stock Units.
3. 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.
4. The shares are held directly by The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee.
5. This sale price represents the weighted average sale price of the shares sold ranging from $198.36 to $199.29 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 $199.54 to $200.53 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 $200.54 to $201.53 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 $201.54 to $202.53 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. This sale price represents the weighted average sale price of the shares sold ranging from $202.56 to $203.49 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.
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 attorney08/05/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR