DASH Form 4: Chief Business Officer Disposes 18,034 Class A Shares

Rhea-AI Filing Summary

DoorDash, Inc. (DASH) insider sale by Chief Business Officer Keith Yandell. The filing reports a series of open-market dispositions executed on 09/02/2025 under a Rule 10b5-1 trading plan adopted on 09/06/2024. The reporting person sold a total of 18,034 Class A common shares across five transactions, with weighted-average sale prices for each lot reported in ranges from $238.32–$244.58 per share. After these sales, the reporting person beneficially owns 75,432 Class A shares directly. Certain shares sold were represented by restricted stock units. The filing was signed by power of attorney on 09/04/2025.

Insights

Financial Analyst

TL;DR: Routine scheduled sales under a 10b5-1 plan totaled 18,034 shares, leaving 75,432 shares held.

The transactions are explicitly described as sales effected pursuant to a Rule 10b5-1 trading plan adopted 09/06/2024. The form lists five separate dispositions on 09/02/2025 with weighted-average sale-price ranges provided for each lot, indicating execution across multiple price points between $238.32 and $244.58. The reporting person’s post-transaction holding is 75,432 Class A shares, and some disposed shares were RSUs. From a financial reporting perspective these are routine insider liquidity events documented to preserve the affirmative defense under Rule 10b5-1; no other operational or financial metrics are included in this filing to change an investment thesis.

Corporate Governance Expert

TL;DR: Insider sales were pre-planned under a 10b5-1 plan; disclosure is complete for the reported transactions.

The Form 4 clearly discloses the relationship of the reporting person as an officer (Chief Business Officer) and indicates the trades were made pursuant to a 10b5-1 plan adopted on 09/06/2024. The filing provides weighted-average sale-price ranges for each lot and confirms that certain securities involved were restricted stock units. The document is signed by an attorney-in-fact, with the required certification language. There are no indications in this filing of undisclosed related-party transactions, option exercises, or derivative activity; it is a focused governance disclosure of scheduled sales.

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)
09/02/2025

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	09/02/2025		S(1)		400	D	$238.835(2)	93,066(3)	D
Class A Common Stock	09/02/2025		S(1)		2,337	D	$241.194(4)	90,729(3)	D
Class A Common Stock	09/02/2025		S(1)		3,000	D	$242.342(5)	87,729(3)	D
Class A Common Stock	09/02/2025		S(1)		5,298	D	$243.548(6)	82,431(3)	D
Class A Common Stock	09/02/2025		S(1)		6,999	D	$244.127(7)	75,432(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 $238.32 to $239.02 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 $240.89 to $241.84 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 $241.91 to $242.90 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 $242.93 to $243.925 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. This sale price represents the weighted average sale price of the shares sold ranging from $243.93 to $244.58 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	09/04/2025
	** 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.
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FAQ

What shares did Keith Yandell sell according to the Form 4 for DASH?

The Form 4 reports the sale of 18,034 Class A common shares on 09/02/2025 across five transactions.

Were the sales by the reporting person part of a Rule 10b5-1 plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on 09/06/2024.

What price ranges were reported for the sales on the Form 4?

The filing provides weighted-average sale-price ranges for each lot, spanning $238.32–$244.58 per share across the reported transactions.

How many DASH shares does the reporting person own after the transactions?

After the reported sales, the reporting person beneficially owns 75,432 Class A shares directly.

Did the Form 4 indicate any derivative transactions or option exercises?

No. Table II for derivative securities contains no entries; the filing reports only non-derivative dispositions of Class A common stock.