DoorDash (DASH) Director Andy Fang Sells Shares (~$4.0M)

What Happened
Andy Fang, a director of DoorDash (DASH), executed multiple open‑market sales on August 3, 2026, disposing of a total of 20,000 shares for aggregate proceeds of $4,006,097. The sales were reported in several lots: 300 shares at $198.91 ($59,673); 16,300 shares at $200.05 ($3,260,766); 2,500 shares at $201.38 ($503,443); 800 shares at $202.34 ($161,876); and 100 shares at $203.39 ($20,339). The Form 4 also records two "Other" (J) transactions for 20,000 shares at $0.00 — one acquisition and one disposition — reflecting a conversion/derivative entry (see footnotes).

Key Details

• Transaction date: August 3, 2026. Filing date: August 5, 2026 (no late filing indicated).
• Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted March 6, 2026 (footnote F3).
• Reported per‑lot weighted average price ranges: ~ $198.63–199.07; $199.96–200.93; $201.00–201.78; $202.02–202.71 (see footnotes F4–F7 for breakdowns).
• Total proceeds from open‑market sales: $4,006,097.
• Shares owned after the transactions: Not specified in this Form 4.
• Holdings context: some shares are held in AF 2025 GRAT and The AF Living Trust (the Reporting Person serves as trustee) and certain securities are represented by RSUs (footnotes F10, F2, F8).
• Footnotes F1 and F9 note Class B shares are convertible 1:1 into Class A shares; the $0.00 J transactions appear linked to such conversions/derivative adjustments.

Context: These sales were executed under a pre‑arranged 10b5‑1 plan, which is a routine mechanism for insiders to sell shares on a scheduled basis. The filing is factual and does not state the reporter’s intent; conversion/derivative entries reflect structural share changes rather than cash purchases.