DoorDash director sells 5,000 DASH shares under plan
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.
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
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Insider Trade Summary 10b5-1
Net Seller: 5,000 shares
Net Sell
9 txns
Insider
Fang Andy
Role
Director
Sold
5,000 shs ($925K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Common Stock | 5,000 | $0.00 | $0.00 |
| Other | Class A Common Stock | 5,000 | $0.00 | $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 — 5,843,604 contracts for 144,000 underlying shares (Indirect, See footnote);
Class A Common Stock — 0 shares (Indirect, See footnote);
Class B Common Stock — 50,285 contracts (Direct);
Class A Common Stock — 44,189 shares (Direct)
Footnotes (9)
- 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 by The AF Living Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee.
- F3. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 6, 2026.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. Certain of these securities are represented by Restricted Stock Units.
- F8. 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.
- F9. The shares are held by AF 2025 GRAT for which the Reporting Person serves as trustee.
Key Figures
Shares sold: 5,000 shares
Sale price example: $189.21/share
Sale price example: $183.423/share
+4 more
7 metrics
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)
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, Class B Common Stock, Grantor Retained Annuity Trust, +1 more
5 terms
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"
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.
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.
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.
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