Fang Andy 4
4 · DoorDash, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
DoorDash (DASH) Director Andy Fang Sells Shares
What Happened
- Andy Fang, a director of DoorDash, reported multiple transactions dated July 1, 2026. He sold a total of 4,999 shares in open-market trades at weighted average prices, generating aggregate proceeds of about $925,096. The sales broke down as: 627 shares ($115,006), 544 shares ($100,439), 3,729 shares ($690,730), and 100 shares ($18,921).
- The filing also shows two “other acquisition/disposition (J)” entries for 5,000 shares each at $0.00 (one listed as an acquisition and one as a disposition / derivative). Footnotes indicate Class B common stock is convertible 1:1 into Class A shares and some securities are represented by RSUs, so these zero-dollar entries reflect internal conversions/derivative settlements rather than cash purchases/sales.
Key Details
- Transaction date: July 1, 2026; filing date: July 6, 2026 (filed 5 days after the trades).
- Sale proceeds (open-market): approximately $925,096 total. Reported weighted-average price ranges: $182.98–$183.96, $184.08–$185.07, and $185.09–$185.69 (per footnotes); one block sold at $189.21.
- Sales were effected under a Rule 10b5-1 trading plan adopted March 6, 2026 (footnote F3).
- Shares are held in trusts for which Fang serves as trustee (The AF Living Trust UTA dated 9/4/19 and AF 2025 GRAT) and some holdings are RSU‑represented (F2, F7, F9).
- Shares owned after the transaction are not listed in the information you provided.
- Timing note: Form 4 is generally due within two business days of the transaction; this was filed five days after the trade date and thus appears later than typical filing timing.
Context
- These were sales executed under a pre-established 10b5-1 plan, which is a common way for insiders to sell shares without active trading decisions at the time of sale. That typically indicates routine disposition rather than a spontaneous market signal.
- The zero-dollar “J” entries reflect conversions/derivative actions (e.g., Class B → Class A conversion or RSU settlement) rather than cash purchases; such internal corporate mechanics don’t directly signal buying interest.
Insider Transaction Report
Form 4
DoorDash, Inc.DASH
Fang Andy
Director
Transactions
- Other
Class A Common Stock
[F1][F2]2026-07-01+5,000→ 5,000 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F4][F2]2026-07-01$183.42/sh−627$115,006→ 4,373 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F5][F2]2026-07-01$184.63/sh−544$100,439→ 3,829 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F6][F2]2026-07-01$185.23/sh−3,729$690,730→ 100 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F2]2026-07-01$189.21/sh−100$18,921→ 0 total(indirect: See footnote) - Other
Class B Common Stock
[F8][F1][F2]2026-07-01−5,000→ 5,699,604 total(indirect: See footnote)→ Class A Common Stock (5,000 underlying)
Holdings
- 44,189
Class A Common Stock
[F7] - 50,285
Class B Common Stock
[F8]→ Class A Common Stock (50,285 underlying) - 144,000(indirect: See footnote)
Class B Common Stock
[F8][F9]→ Class A Common Stock (144,000 underlying)
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.
Signature
/s/ Kimberly Hackman, by power of attorney|2026-07-06