[Form 4] DoorDash, Inc. Insider Trading Activity

Rhea-AI Filing Summary

DoorDash, Inc. (DASH) disclosed insider activity by a director on 11/03/2025. The reporting person converted 45,410 shares of Class B common stock into Class A on a 1:1 basis at $0 cost, then executed multiple open‑market sales the same day. The transactions were made under a Rule 10b5-1 trading plan adopted on 11/26/2024.

Sales were reported in tranches via The ST Trust (indirect ownership) at weighted‑average prices ranging from $241.735 to $256.189 per share, reducing the indirect Class A holdings from the conversion to 0. Following these transactions, the filing lists 24,807 Class A shares held directly; a footnote notes certain of these securities are represented by restricted stock units.

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^*

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)
11/03/2025

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	11/03/2025		J(1)		45,410	A	$0	45,410	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		11,576	D	$241.735(4)	33,834	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		7,222	D	$242.558(5)	26,612	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		7,773	D	$243.532(6)	18,839	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		5,365	D	$244.579(7)	13,474	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		3,855	D	$245.533(8)	9,619	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		4,313	D	$246.436(9)	5,306	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		400	D	$247.52(10)	4,906	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		840	D	$248.674(11)	4,066	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		1,305	D	$249.603(12)	2,761	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		401	D	$250.556(13)	2,360	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		360	D	$251.551(14)	2,000	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		520	D	$252.949(15)	1,480	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		600	D	$253.662(16)	880	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		600	D	$254.906(17)	280	I	See footnote(2)
Class A Common Stock	11/03/2025		S(3)		280	D	$256.189(18)	0	I	See footnote(2)
Class A Common Stock								24,807(19)	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
Class B Common Stock	(20)	11/03/2025		J(1)			45,410	(20)	(20)	Class A Common Stock	45,410	$0	3,763,401	I	See footnote(2)
Class B Common Stock	(20)							(20)	(20)	Class A Common Stock	7,828		7,828	D

Explanation of Responses:

1. 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.

2. The shares are held directly by The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee.

3. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 26, 2024.

4. This sale price represents the weighted average sale price of the shares sold ranging from $241.02 to $242.01 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.

5. This sale price represents the weighted average sale price of the shares sold ranging from $242.02 to $243.01 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 $243.02 to $244.01 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 $244.02 to $245.00 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 $245.02 to $246.01 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 $246.02 to $246.98 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. This sale price represents the weighted average sale price of the shares sold ranging from $247.03 to $248.00 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.

11. This sale price represents the weighted average sale price of the shares sold ranging from $248.11 to $249.09 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.

12. This sale price represents the weighted average sale price of the shares sold ranging from $249.11 to $250.03 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.

13. This sale price represents the weighted average sale price of the shares sold ranging from $250.12 to $251.10 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.

14. This sale price represents the weighted average sale price of the shares sold ranging from $251.12 to $251.79 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.

15. This sale price represents the weighted average sale price of the shares sold ranging from $252.53 to $253.19 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.

16. This sale price represents the weighted average sale price of the shares sold ranging from $253.55 to $253.89 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.

17. This sale price represents the weighted average sale price of the shares sold ranging from $254.62 to $255.05 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.

18. This sale price represents the weighted average sale price of the shares sold ranging from $256.05 to $257.02 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.

19. Certain of these securities are represented by Restricted Stock Units.

20. 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/ Christina Whittaker, by power of attorney	11/05/2025
	** 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.
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) disclose in this Form 4?

A director converted 45,410 Class B shares to Class A at $0 and sold shares in multiple trades on 11/03/2025 under a Rule 10b5-1 plan.

What was the conversion ratio from Class B to Class A for DASH?

Each Class B share converted into one Class A share; the filing states a 1:1 ratio and no expiration.

Were the DASH insider sales under a 10b5-1 plan?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on 11/26/2024.

At what prices were the DASH shares sold?

Weighted‑average sale prices ranged from $241.735 to $256.189 per share across multiple tranches on 11/03/2025.

How many DASH shares does the reporting person hold after the trades?

The filing shows 0 Class A shares held indirectly by the trust after the sales and lists 24,807 Class A shares held directly.

Who held the indirectly owned DASH shares?

The indirectly held shares were in The ST Trust, for which the reporting person serves as trustee.

Do the reported DASH holdings include RSUs?

A footnote states that certain of the listed securities are represented by restricted stock units.