DoorDash director sells 23,125 shares at $150

DoorDash director Stanley Tang reported selling Class A Common Stock in a mix of direct and trust-related transactions.

Rhea-AI Filing Summary

DoorDash director Stanley Tang reported selling Class A Common Stock in a mix of direct and trust-related transactions. On April 2, 2026, he sold 1,692 directly held Class A shares at $150.00 per share and 21,433 Class A shares held by The ST Trust at the same price, under a pre-arranged Rule 10b5-1 trading plan.

The filing also records related conversions where Class B Common Stock was converted into Class A shares on a 1:1 basis before being sold. After these transactions, Tang holds 19,279 Class A shares directly and continues to have substantial exposure through Class B shares, including 7,828 Class B shares directly convertible into Class A stock.

Insider Trade Summary 10b5-1

Net Seller: 23,125 shares

Net Sell 5 txns

Insider Tang Stanley

Role Director

Sold 23,125 shs ($3.47M)

Type	Security	Shares	Price	Value
Other	Class B Common Stock	21,433	$0.00	$0.00
Sale	Class A Common Stock	1,692	$150.00	$254K
Other	Class A Common Stock	21,433	$0.00	$0.00
Sale	Class A Common Stock	21,433	$150.00	$3.21M
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 3,569,289 contracts (Indirect, See footnote); Class A Common Stock — 19,279 shares (Direct); Class A Common Stock — 0 shares (Indirect, See footnote); Class B Common Stock — 7,828 contracts (Direct)

Footnotes (5)

1. F1. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2025.
2. F2. Certain of these securities are represented by Restricted Stock Units.
3. F3. 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.
4. F4. The shares are held directly by The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee.
5. 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

Total shares sold: 23,125 shares Direct Class A shares sold: 1,692 shares at $150.00 Trust-held Class A shares sold: 21,433 shares at $150.00 +4 more

7 metrics

Total shares sold 23,125 shares Net shares sold on April 2, 2026

Direct Class A shares sold 1,692 shares at $150.00 Open-market sale, direct holding

Trust-held Class A shares sold 21,433 shares at $150.00 Open-market sale by The ST Trust

Direct Class A holdings after 19,279 shares Shares owned directly post-transaction

Indirect Class B holdings after J 3,569,289 shares Class B Common Stock via trust after restructuring

Convertible Class B (direct) 7,828 shares Direct Class B shares convertible 1:1 into Class A

Net buy/sell direction 23,125 net shares sold transactionSummary netBuySellShares

Key Terms

Rule 10b5-1 trading plan, Restricted Stock Units, Class B Common Stock, Class A Common Stock, +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

"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.

Class A Common Stock financial

"Each share of Class B Common Stock is convertible into one share of Class A Common Stock..."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

The ST Trust financial

"The shares are held directly by The ST Trust under agreement dated October 2, 2019..."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did DoorDash (DASH) director Stanley Tang report?

Stanley Tang reported open-market sales of Class A Common Stock totaling 23,125 shares on April 2, 2026. These included directly held shares and shares held by The ST Trust, with related conversions from Class B to Class A stock before some sales.

At what price did Stanley Tang sell DoorDash (DASH) shares?

The reported sales of DoorDash Class A Common Stock by Stanley Tang were executed at $150.00 per share. This price applied both to the 1,692 directly held shares sold and the 21,433 trust-held shares sold on the same date.

How many DoorDash (DASH) shares does Stanley Tang hold after these transactions?

After the reported transactions, Stanley Tang holds 19,279 DoorDash Class A shares directly. He also remains exposed to additional equity through Class B Common Stock, including 7,828 Class B shares that are convertible into an equal number of Class A shares.

Were Stanley Tang’s DoorDash (DASH) share sales made under a Rule 10b5-1 plan?

Yes. A filing footnote states the sales were effected under a Rule 10b5-1 trading plan adopted on December 3, 2025. Such plans pre-schedule trades, indicating the timing of these sales was set in advance rather than decided opportunistically.

What role did The ST Trust play in the DoorDash (DASH) transactions?

Part of the reported activity involved shares held by The ST Trust, for which Tang serves as trustee. The trust sold 21,433 Class A shares after converting Class B stock at a 1:1 ratio, reflecting transactions by the trust associated with Tang.

How are DoorDash (DASH) Class B and Class A shares related in Tang’s filing?

The filing explains that each DoorDash Class B Common Stock share is convertible into one Class A share with no expiration. Some Class B shares were converted into Class A on a 1:1 ratio at Tang’s election, then sold as Class A stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/06/2026 - 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^*

Tang Stanley

(Last) (First) (Middle)

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		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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	04/02/2026		S(1)		1,692	D	$150	19,279(2)	D
Class A Common Stock	04/02/2026		J(3)		21,433	A	$0	21,433	I	See footnote(4)
Class A Common Stock	04/02/2026		S(1)		21,433	D	$150	0	I	See footnote(4)

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	(5)	04/02/2026		J(3)			21,433	(5)	(5)	Class A Common Stock	21,433	$0	3,569,289	I	See footnote(4)
Class B Common Stock	(5)							(5)	(5)	Class A Common Stock	7,828		7,828	D

Explanation of Responses:

1. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2025.

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

3. 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.

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

5. 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/ Kimberly Hackman, by power of attorney	04/06/2026
	** 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)