DoorDash (NYSE: DASH) director sells 10,134 shares at $225
Rhea-AI Filing Summary
DoorDash, Inc. (DASH) director Stanley Tang reported a set of related transactions involving shares held through The ST Trust, for which he serves as trustee. On 2026-08-24, 10,134 shares of Class B Common Stock were converted into 10,134 shares of Class A Common Stock, and those 10,134 Class A shares were then sold at $225.00 per share under a Rule 10b5-1 trading plan. Following these transactions, Tang is reported as indirectly holding 3,349,720 shares of Class B through the trust, and directly holding 35,887 shares of Class A, some of which are represented by restricted stock units.
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Insider Trade Summary 10b5-1
4 transactions reported
Mixed
4 txns
Insider
Tang Stanley
Role
Director
Sold
10,134 shs ($2.28M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Common Stock F5, F1, F2 | 10,134 | $0.00 | $0.00 |
| Other | Class A Common Stock F1, F2 | 10,134 | $0.00 | $0.00 |
| Sale | Class A Common Stock F3, F2 | 10,134 | $225.00 | $2.28M |
| holding | Class A Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 3,349,720 shares (Indirect, See footnote);
Class A Common Stock — 10,361 shares (Indirect, See footnote);
Class A Common Stock — 35,887 shares (Direct)
Footnotes (5)
- F1. 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.
- F2. The shares are held directly by The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee.
- F3. The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2025.
- F4. Certain of these securities are represented by Restricted Stock Units.
- F5. 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.
Key Figures
Class B shares converted: 10,134 shares
Class A shares sold: 10,134 shares
Sale price per share: $225.00 per share
+4 more
7 metrics
Class B shares converted
10,134 shares
Class B Common Stock converted into Class A on 2026-08-24 at a 1:1 ratio
Class A shares sold
10,134 shares
Class A Common Stock sold on 2026-08-24 in a reported transaction
Sale price per share
$225.00 per share
Price for the sale of 10,134 Class A shares on 2026-08-24
Indirect Class B holdings after transaction
3,349,720 shares
Total shares of Class B Common Stock indirectly held through The ST Trust after the disposition
Direct Class A holdings after transaction
35,887 shares
Shares of Class A Common Stock directly held after the reported transactions
Restructuring-related shares
20,268 shares
Shares involved in restructuring-type transactions (code J) according to the transaction summary
Net buy/sell shares
-10,134 shares
Net effect of buy and sell transactions, indicating a net-sell direction
Key Terms
Rule 10b5-1 trading plan, Class B Common Stock, Restricted Stock Units, indirect ownership, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sale reported by the Reporting Person was 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.
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.
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.
indirect ownership financial
"The shares are held directly by The ST Trust ... the Reporting Person serves as trustee."
trustee financial
"for which the Reporting Person serves as trustee."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What transactions did DoorDash (DASH) director Stanley Tang report on this Form 4?
Stanley Tang reported converting 10,134 shares of Class B Common Stock into 10,134 shares of Class A Common Stock held by The ST Trust, then selling those 10,134 Class A shares at $225.00 per share on 2026-08-24 under a Rule 10b5-1 trading plan.
What are Stanley Tang’s direct holdings of DoorDash (DASH) Class A stock after the transactions?
Following the reported transactions, Stanley Tang directly holds 35,887 shares of DoorDash Class A Common Stock. A footnote explains that certain of these securities are represented by Restricted Stock Units.
What is the relationship between The ST Trust and Stanley Tang in this DoorDash (DASH) filing?
The filing states that the relevant shares are held by The ST Trust under an agreement dated October 2, 2019, and that Stanley Tang serves as trustee, so the transactions are reported as indirect holdings through the trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
