[Form 4] DoorDash, Inc. Insider Trading Activity

Rhea-AI Filing Summary

DoorDash insider sales by Chief Business Officer

Keith Yandell, DoorDash Chief Business Officer, reported four separate sales of Class A common stock on 08/25/2025 effected under a Rule 10b5-1 trading plan. The filings disclose aggregate disposals of 5,288 shares across four transactions with weighted average sale prices reported in ranges from $243.38 to $247.39 per share. The Form 4 shows the reporter held 98,554, 96,966, 94,701 and 93,466 shares following each respective sale line, and the form was signed by power of attorney on 08/27/2025.

Positive

• Transactions executed under a Rule 10b5-1 plan, which typically reduces concerns about opportunistic timing.
• Filing discloses weighted-average price ranges and notes restricted stock units, providing clarity on the nature of shares sold.

Negative

• Insider sold 5,288 Class A shares on 08/25/2025, reducing reported beneficial ownership to 93,466 shares in the final line.
• Sales include shares represented by restricted stock units, which may indicate vesting-driven disposals rather than cash purchases of newly issued shares.

Insights

Financial Analyst

TL;DR: Officer sold 5,288 DASH shares under a pre-established 10b5-1 plan; transaction size is modest relative to typical insider holdings.

The Form 4 documents routine insider sales executed under a Rule 10b5-1 plan adopted September 6, 2024. The reported sales total 5,288 Class A shares across four transactions on 08/25/2025, with weighted-average price ranges between $243.38 and $247.39. Such preplanned disposals generally reduce signaling risk compared with ad hoc sales, and the incremental reduction in reported beneficial ownership (from 98,554 to 93,466 across the entries) appears limited in absolute share counts disclosed on the form.

Corporate Governance Expert

TL;DR: Sales were executed under a documented 10b5-1 plan, aligning with standard insider-program governance practices.

The filing explicitly states the trades were made pursuant to a 10b5-1 trading plan adopted on September 6, 2024, which provides an affirmative defense under Rule 10b5-1(c). The explanation sections supply weighted-average price ranges and note some shares were represented by restricted stock units. The presence of a power-of-attorney signature is disclosed on the Form 4, which is a routine administrative detail for insider reporting.

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^*

Yandell Keith

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF BUSINESS OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

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	08/25/2025		S(1)		200	D	$243.385(2)	98,554(3)	D
Class A Common Stock	08/25/2025		S(1)		1,588	D	$244.988(4)	96,966(3)	D
Class A Common Stock	08/25/2025		S(1)		2,265	D	$246.092(5)	94,701(3)	D
Class A Common Stock	08/25/2025		S(1)		1,235	D	$246.889(6)	93,466(3)	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 adopted on September 6, 2024.

2. This sale price represents the weighted average sale price of the shares sold ranging from $243.38 to $243.39 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.

3. Certain of these securities are represented by restricted stock units.

4. This sale price represents the weighted average sale price of the shares sold ranging from $244.42 to $245.38 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 $245.53 to $246.48 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 $246.53 to $247.39 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	08/27/2025
	** 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 (DASH) insider Keith Yandell sell on 08/25/2025?

The Form 4 reports Keith Yandell sold an aggregate of 5,288 Class A shares on 08/25/2025 under a Rule 10b5-1 trading plan.

Were these sales preplanned or ad hoc?

The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on September 6, 2024.

What prices were achieved for the DASH shares sold?

The Form 4 discloses weighted-average sale price ranges across transactions from $243.38 to $247.39 per share.

How did these transactions affect Yandell's reported holdings?

The Form 4 shows reported beneficial ownership figures following each sale line: 98,554, 96,966, 94,701, and 93,466 shares respectively.

Does the Form 4 indicate any exercise of options or derivative activity?

No. Table II (derivative securities) contains no reported acquisitions or dispositions in this filing.