STOCK TITAN

DoorDash (NYSE: DASH) director Andy Fang sells 5,000 shares in Rule 10b5-1 trades

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

Rhea-AI Filing Summary

DoorDash director Andy Fang reported open-market sales of 5,000 shares of Class A Common Stock of DoorDash, Inc. through entities for which he serves as trustee. The shares were sold on July 1, 2026 at weighted average prices ranging from about $183.42 to $189.21 per share under a pre-arranged Rule 10b5-1 trading plan adopted on March 6, 2026.

In addition to these sales, 10,000 shares were moved in "other" transactions between Class A and Class B holdings among these entities. After the reported activity, Fang holds 44,189 shares of Class A Common Stock directly, and continues to have significant indirect and direct positions in Class B Common Stock that are convertible into Class A on a one-for-one basis with no expiration date.

Positive

  • None.

Negative

  • None.
Insider Fang Andy
Role null
Sold 5,000 shs ($925K)
Type Security Shares Price Value
Other Class B Common Stock 5,000 $0.00 --
Other Class A Common Stock 5,000 $0.00 --
Sale Class A Common Stock 627 $183.423 $115K
Sale Class A Common Stock 544 $184.63 $100K
Sale Class A Common Stock 3,729 $185.232 $691K
Sale Class A Common Stock 100 $189.21 $19K
holding Class B Common Stock -- -- --
holding Class B Common Stock -- -- --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class B Common Stock — 5,699,604 shares (Indirect, See footnote); Class A Common Stock — 5,000 shares (Indirect, See footnote); Class B Common Stock — 50,285 shares (Direct, null); Class A Common Stock — 44,189 shares (Direct, null)
Footnotes (1)
  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. The shares are held by The AF Living Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 6, 2026. This sale price represents the weighted average sale price of the shares sold ranging from $182.98 to $183.96 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. This sale price represents the weighted average sale price of the shares sold ranging from $184.08 to $185.07 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. This sale price represents the weighted average sale price of the shares sold ranging from $185.09 to $185.69 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. Certain of these securities are represented by Restricted Stock Units. 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. The shares are held by AF 2025 GRAT for which the Reporting Person serves as trustee.
Shares sold 5,000 shares Total Class A shares sold in open-market transactions on July 1, 2026
Sale price example $189.21/share One reported weighted average sale price for Class A shares
Sale price example $183.423/share Another reported weighted average sale price for Class A shares
Direct Class A holding 44,189 shares Class A Common Stock held directly after transactions
Indirect Class B underlying 144,000 shares Underlying Class A shares for indirect Class B position
Direct Class B underlying 50,285 shares Underlying Class A shares for direct Class B position
Restructuring shares 10,000 shares Shares involved in “other” restructuring transactions (code J)
Rule 10b5-1 trading plan financial
"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
"Each share of Class B Common Stock is convertible into one share of Class A Common Stock"
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.
Grantor Retained Annuity Trust financial
"The shares are held by AF 2025 GRAT for which the Reporting Person serves as trustee."
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
weighted average sale price financial
"This sale price represents the weighted average sale price of the shares sold"
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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*
Fang Andy

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
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 Stock07/01/2026J(1)5,000A$05,000ISee footnote(2)
Class A Common Stock07/01/2026S(3)627D$183.423(4)4,373ISee footnote(2)
Class A Common Stock07/01/2026S(3)544D$184.63(5)3,829ISee footnote(2)
Class A Common Stock07/01/2026S(3)3,729D$185.232(6)100ISee footnote(2)
Class A Common Stock07/01/2026S(3)100D$189.210ISee footnote(2)
Class A Common Stock44,189(7)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common Stock(8)07/01/2026J(1)5,000 (8) (8)Class A Common Stock5,000$05,699,604ISee footnote(2)
Class B Common Stock(8) (8) (8)Class A Common Stock50,28550,285D
Class B Common Stock(8) (8) (8)Class A Common Stock144,000144,000ISee footnote(9)
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 by The AF Living Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee.
3. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 6, 2026.
4. This sale price represents the weighted average sale price of the shares sold ranging from $182.98 to $183.96 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 $184.08 to $185.07 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 $185.09 to $185.69 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. Certain of these securities are represented by Restricted Stock Units.
8. 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.
9. The shares are held by AF 2025 GRAT for which the Reporting Person serves as trustee.
/s/ Kimberly Hackman, by power of attorney07/06/2026
** 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)

FAQ

What insider transactions did DoorDash (DASH) director Andy Fang report?

Andy Fang reported selling 5,000 shares of DoorDash Class A Common Stock in open-market transactions. The sales occurred on July 1, 2026 through entities he oversees as trustee, alongside internal transfers involving 10,000 shares between Class A and Class B holdings.

At what prices did Andy Fang’s DoorDash (DASH) share sales occur?

The reported DoorDash share sales were executed at weighted average prices around $183–$189 per share. Specific lines show prices such as $189.21, $185.23, $184.63, and $183.42, with detailed price ranges available upon request as noted in the filing’s footnotes.

Were Andy Fang’s DoorDash (DASH) stock sales under a Rule 10b5-1 plan?

Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on March 6, 2026. Such pre-arranged plans automate trading according to preset instructions, reducing the significance of day-to-day timing decisions for these transactions.

How many DoorDash (DASH) shares does Andy Fang hold after these transactions?

After the reported transactions, Andy Fang directly holds 44,189 shares of DoorDash Class A Common Stock. He also has substantial direct and indirect positions in Class B Common Stock, which are convertible into Class A shares on a one-for-one basis with no expiration date.

What is the significance of DoorDash (DASH) Class B Common Stock in this Form 4?

The Form 4 shows Fang holding Class B Common Stock that is convertible into Class A at a one-to-one ratio. Footnotes specify these Class B shares have no expiration date, and some are held indirectly through trusts for which Fang serves as trustee.

What do the ‘other’ transactions in Andy Fang’s DoorDash (DASH) Form 4 represent?

The filing records two “other” transactions (code J) totaling 10,000 shares involving Class A and Class B Common Stock. These are categorized as other acquisitions or dispositions, reflecting internal restructuring among entities associated with Fang rather than open-market trades.