[Form 4] DoorDash, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Shona L. Brown, a director of DoorDash, Inc. (DASH), reported sales of Class A common stock executed on 09/09/2025 under a Rule 10b5-1 trading plan adopted March 7, 2025. The Form 4 shows six off-market sales totaling 1,250 shares at weighted average prices in ranges from about $250.38 to $256.58 per share, leaving the reporting person with 39,327 shares beneficially owned following the transactions. The filing notes that certain shares sold were represented by restricted stock units and provides weighted-average price ranges for groups of shares. The Form 4 is signed by an authorized attorney-in-fact.

Positive

• Transactions executed under a documented Rule 10b5-1 plan, indicating pre-established trading parameters
• Weighted-average sale prices and price ranges disclosed for grouped sales, enhancing transparency
• Filing discloses RSU treatment for certain securities sold, clarifying security type

Negative

• Reporting person reduced holdings by 1,250 shares, leaving 39,327 shares beneficially owned
• All sales occurred on a single date (09/09/2025), which could be noted by investors monitoring insider activity

Insights

Securities Analyst

TL;DR: Insider sales of 1,250 shares reported under a certified 10b5-1 plan; disclosure is routine and consistent with compliance.

The reporting shows methodical dispositions executed on a single day under a documented 10b5-1 plan, with clear weighted-average prices disclosed for grouped sales and disclosure that some shares were RSUs. From an investor-disclosure perspective, the filing meets Section 16 requirements and supports transparency around the director's liquidity actions. The remaining beneficial ownership is explicitly stated, which aids clarity.

Corporate Governance Expert

TL;DR: Director sale appears procedural and covered by a pre-established trading plan; no governance red flags in the filing itself.

The Form 4 documents sales carried out pursuant to an established Rule 10b5-1 plan adopted March 7, 2025, and includes explanations about RSU treatment and weighted-average price ranges. The presence of a power-of-attorney signature is noted. The filing contains the relevant compliance details investors expect; it does not disclose any material corporate actions or governance changes.

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^*

Brown Shona L

(Last) (First) (Middle)

C/O DOORDASH, INC.

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)
09/09/2025

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	09/09/2025		S(1)		100	D	$250.38	40,477(2)	D
Class A Common Stock	09/09/2025		S(1)		200	D	$251.76(3)	40,277(2)	D
Class A Common Stock	09/09/2025		S(1)		200	D	$253.215(4)	40,077(2)	D
Class A Common Stock	09/09/2025		S(1)		200	D	$255.415(5)	39,877(2)	D
Class A Common Stock	09/09/2025		S(1)		450	D	$256.582(6)	39,427(2)	D
Class A Common Stock	09/09/2025		S(1)		100	D	$257.08	39,327(2)	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

Explanation of Responses:

1. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 7, 2025.

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

3. This sale price represents the weighted average sale price of the shares sold ranging from $251.47 to $252.05 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.

4. This sale price represents the weighted average sale price of the shares sold ranging from $253.07 to $253.36 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 $254.95 to $255.88 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 $256.02 to $256.87 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.

	/s/ Kimberly Hackman, by power of attorney	09/11/2025
	** 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 director Shona Brown report on the Form 4 (DASH)?

The Form 4 reports sales of 1,250 shares of Class A common stock on 09/09/2025, executed under a Rule 10b5-1 plan.

Were the sales carried out under a 10b5-1 plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on March 7, 2025.

What prices were the shares sold at in the Form 4?

The filing discloses weighted-average prices in grouped ranges, with reported group averages of about $250.38, $251.76, $253.215, $255.415, $256.582, and $257.08 for the respective sales.

How many shares does Shona Brown own after these transactions?

The Form 4 reports 39,327 shares beneficially owned following the reported transactions.

Did the filing indicate the nature of the securities sold?

Yes. The filing notes that certain securities were represented by Restricted Stock Units (RSUs).