DoorDash CEO Xu sells 16,667 shares at ~$230

DoorDash CEO Tony Xu exercised options and sold 16,667 shares in a Rule 10b5-1 planned transaction while retaining over 1.1 million options and additional indirect share holdings.

Rhea-AI Filing Summary

DoorDash, Inc. (DASH) reported that Chief Executive Officer and director Tony Xu exercised stock options and sold the resulting shares on September 1, 2026 under a pre-arranged Rule 10b5-1 trading plan adopted on September 9, 2025. He exercised options for 16,667 shares of Class A common stock at an exercise price of $7.16 per share, then sold 16,667 shares at a weighted average price of about $230 per share. After this exercise, he continued to hold 1,134,138 options directly and 8,159 Class A shares indirectly through TXX Investments LLC, whose sole member is The Article 4 Trust under Library Trust.

Insider Trade Summary 10b5-1

Exercise and Sale: 16,667 shares ($3.71M approx. pre-tax spread)

Exercise and Sale 4 txns

Insider Xu Tony

Role CHIEF EXECUTIVE OFFICER

Sold 16,667 shs ($3.83M)

Approx. gross sale proceeds $3.83M

Approx. exercise cost $119K

Approx. pre-tax spread $3.71M

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy) F4	16,667	$0.00	$0.00
Exercise	Class A Common Stock	16,667	$7.16	$119K
Sale	Class A Common Stock F1, F2	16,667	$230.002	$3.83M
holding	Class A Common Stock F3	--	--	--

Holdings After Transaction: Stock Option (right to buy) — 1,134,138 contracts (Direct); Class A Common Stock — 1,500 shares (Direct); Class A Common Stock — 8,159 shares (Indirect, See footnote)

Footnotes (4)

1. F1. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan that was adopted on September 9, 2025.
2. F2. This sale price represents the weighted average sale price of the shares sold ranging from $230.00 to $230.05 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.
3. F3. The shares are held by TXX Investments LLC, whose sole member is The Article 4 Trust under Library Trust.
4. F4. The shares underlying the option are fully vested and immediately exercisable.

Key Figures

Options exercised: 16,667 shares Exercise price: $7.16 per share Shares sold: 16,667 shares +5 more

8 metrics

Options exercised 16,667 shares Stock options exercised for Class A common stock on September 1, 2026

Exercise price $7.16 per share Exercise price of stock options exercised on September 1, 2026

Shares sold 16,667 shares Class A common stock sold on September 1, 2026 following option exercise

Weighted average sale price $230.002 per share Weighted average price for shares sold in the $230.00–$230.05 range

Options held after exercise 1,134,138 options Directly held options remaining after the reported exercise

Indirectly held shares 8,159 shares Class A shares held through TXX Investments LLC

Option expiration date October 9, 2028 Expiration of the exercised option series

Rule 10b5-1 plan adoption date September 9, 2025 Date Tony Xu’s trading plan governing these sales was adopted

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, indirectly held

3 terms

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.

weighted average sale price financial

"This sale price represents the weighted average sale price of the shares sold"

indirectly held financial

"The shares are held by TXX Investments LLC, whose sole member is The Article 4 Trust"

FAQ

What transaction did DoorDash (DASH) CEO Tony Xu report on this Form 4?

Tony Xu reported exercising stock options for 16,667 shares of DoorDash Class A common stock at $7.16 per share on September 1, 2026, and selling 16,667 shares of Class A common stock the same day at a weighted average price of about $230 per share.

Was Tony Xu’s September 1, 2026 sale of DASH shares under a Rule 10b5-1 plan?

Yes. The filing states that the sales by Tony Xu were effected pursuant to a Rule 10b5-1 trading plan that was adopted on September 9, 2025, indicating the sales followed a pre-arranged trading schedule.

How many DoorDash shares did Tony Xu sell in this Form 4 filing?

Tony Xu sold 16,667 shares of DoorDash Class A common stock on September 1, 2026. The filing notes this sale price is a weighted average for shares sold in a price range from $230.00 to $230.05 per share.

What option position does Tony Xu hold in DoorDash after these transactions?

After exercising options for 16,667 shares, Tony Xu held 1,134,138 stock options directly, each representing the right to buy one share of DoorDash Class A common stock, with an exercise price of $7.16 per share and an expiration date of October 9, 2028.

Does Tony Xu have any indirect holdings of DoorDash (DASH) shares?

Yes. The filing reports 8,159 shares of Class A common stock held indirectly through TXX Investments LLC, whose sole member is The Article 4 Trust under Library Trust. These are reported as indirect ownership.

What price information does the DoorDash Form 4 give for Tony Xu’s share sale?

The Form 4 states that the sale price is a weighted average of about $230.002 per share for shares sold in a range from $230.00 to $230.05 per share, and that detailed breakdowns by price level are available upon request.

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Available on EDGAR 09/03/2026 - 04:07 PM Accepted by SEC EDGAR 09/03/2026 - 04:05 PM Learn about SEC filing dates

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).

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/01/2026		M		16,667	A	$7.16	18,167	D
Class A Common Stock	09/01/2026		S(1)		16,667	D	$230.002(2)	1,500	D
Class A Common Stock								8,159	I	See footnote(3)

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	09/01/2026		M			16,667	(4)	10/09/2028	Class A Common Stock	16,667	$0	1,134,138	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 September 9, 2025.

2. This sale price represents the weighted average sale price of the shares sold ranging from $230.00 to $230.05 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.

3. The shares are held by TXX Investments LLC, whose sole member is The Article 4 Trust under Library Trust.

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

	/s/ Kimberly Hackman, by power of attorney	09/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)