DoorDash (DASH) CEO, 10% owner reports 16,667-share sale and option exercise

Rhea-AI Filing Summary

DoorDash, Inc.'s chief executive officer, who is also a director and 10% owner, reported an option exercise and share sale in DoorDash Class A common stock. On 12/09/2025, the insider exercised a stock option for 16,667 shares at a price of $7.16 per share and then sold 16,667 shares at a price of $230 per share, both transactions involving Class A common stock.

After these transactions, the reporting person directly owned 1,500 shares of Class A common stock and indirectly held 83 shares through The Article 4 Trust under TXX Family Trust. The insider also continued to hold 1,217,473 stock options with an exercise price of $7.16 per share, which are fully vested and immediately exercisable and expire on 10/09/2028. The sales were made under a Rule 10b5-1 trading plan adopted on March 8, 2025.

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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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^*

Xu Tony

(Last) (First) (Middle)

C/O DOORDASH, INC.

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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF EXECUTIVE OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
12/09/2025

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	12/09/2025		M		16,667	A	$7.16	18,167	D
Class A Common Stock	12/09/2025		S(1)		16,667	D	$230	1,500	D
Class A Common Stock								83	I	See footnote(2)

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
Stock Option (right to buy)	$7.16	12/09/2025		M			16,667	(3)	10/09/2028	Class A Common Stock	16,667	$0	1,217,473	D

Explanation of Responses:

1. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 8, 2025.

2. The shares are held by The Article 4 Trust under TXX Family Trust for which the Reporting Person serves as a trustee

3. The shares underlying the option are fully vested and immediately exercisable.

	/s/ Kimberly Hackman, by power of attorney	12/11/2025
	** 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 insider transaction did DoorDash (DASH) disclose in this report?

The chief executive officer, who is also a director and 10% owner of DoorDash, Inc., reported exercising a stock option for 16,667 shares of Class A common stock and selling 16,667 shares of Class A common stock on 12/09/2025.

How many DoorDash (DASH) shares did the insider sell and at what price?

The reporting person sold 16,667 shares of DoorDash Class A common stock at a price of $230 per share on 12/09/2025, as shown with transaction code "S" in Table I.

What stock option transaction did the DoorDash (DASH) insider report?

The insider exercised a stock option (right to buy) for 16,667 shares of Class A common stock at an exercise price of $7.16 per share on 12/09/2025, using transaction code "M". The option is fully vested and immediately exercisable and expires on 10/09/2028.

What are the DoorDash (DASH) insider's holdings after these transactions?

Following the reported transactions, the insider directly owned 1,500 shares of DoorDash Class A common stock, indirectly held 83 shares through The Article 4 Trust under TXX Family Trust, and beneficially owned 1,217,473 stock options with an exercise price of $7.16 per share.

Was the DoorDash (DASH) insider sale made under a Rule 10b5-1 trading plan?

Yes. The explanation of responses states that the sales reported by the reporting person were effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 8, 2025.

What roles does the reporting person hold at DoorDash (DASH)?

The reporting person is identified as a Director, a 10% Owner, and an Officer of DoorDash, Inc., with the officer title listed as Chief Executive Officer.