Tang Stanley 4
4 · DoorDash, Inc. · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
DoorDash (DASH) Director Stanley Tang Sells ~$9.5M in Shares
What Happened
- Stanley Tang, a DoorDash director (and trustee of The ST Trust), reported converting 45,410 Class B shares into Class A shares (1:1) and selling the same 45,410 shares in open-market transactions on February 2, 2026. The sales generated approximately $9,491,257 in total proceeds. Individual blocks were sold at weighted-average prices in the roughly $203.6–$211.9 per-share range.
Key Details
- Transaction date: February 2, 2026; Form 4 filed February 4, 2026 (appears timely).
- Sales: 560 @ $204.05; 1,000 @ $207.17; 16,766 @ $207.97; 11,800 @ $208.89; 6,919 @ $209.99; 6,514 @ $210.85; 1,851 @ $211.57 — total proceeds ≈ $9.49M.
- Conversion: 45,410 Class B → 45,410 Class A reported as non-cash (footnotes indicate 1:1 conversion and a corresponding derivative entry).
- Plan/holdings notes: Sales were effected pursuant to a Rule 10b5-1 trading plan (adopted Nov 26, 2024). Some securities reported are Restricted Stock Units (RSUs). Shares are held (directly) by The ST Trust for which Tang serves as trustee.
- Shares owned after the transactions: not specified in the information provided in this summary.
- Weighted-average sale price ranges for blocks are reported in footnotes; detailed per-price breakdowns are available upon request to the SEC/issuer.
Context
- These actions are routine insider sales executed under a pre-established 10b5-1 plan and included a conversion of Class B shares to Class A (a non-cash corporate share conversion). For retail investors, such planned sales are generally considered routine liquidity events rather than a directional signal about company prospects.
Insider Transaction Report
Form 4
DoorDash, Inc.DASH
Tang Stanley
Director
Transactions
- Other
Class A Common Stock
[F1][F2]2026-02-02+45,410→ 45,410 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F4][F2]2026-02-02$204.05/sh−560$114,266→ 44,850 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F5][F2]2026-02-02$207.17/sh−1,000$207,172→ 43,850 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F6][F2]2026-02-02$207.97/sh−16,766$3,486,859→ 27,084 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F7][F2]2026-02-02$208.89/sh−11,800$2,464,890→ 15,284 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F8][F2]2026-02-02$209.99/sh−6,919$1,452,942→ 8,365 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F9][F2]2026-02-02$210.85/sh−6,514$1,373,503→ 1,851 total(indirect: See footnote) - Sale
Class A Common Stock
[F3][F10][F2]2026-02-02$211.57/sh−1,851$391,625→ 0 total(indirect: See footnote) - Other
Class B Common Stock
[F12][F1][F2]2026-02-02−45,410→ 3,612,171 total(indirect: See footnote)→ Class A Common Stock (45,410 underlying)
Holdings
- 23,554
Class A Common Stock
[F11] - 7,828
Class B Common Stock
[F12]→ Class A Common Stock (7,828 underlying)
Footnotes (12)
- [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.
- [F10]This sale price represents the weighted average sale price of the shares sold ranging from $211.44 to $211.86 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.
- [F11]Certain of these securities are represented by Restricted Stock Units.
- [F12]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.
- [F2]The shares are held directly by The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee.
- [F3]The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 26, 2024.
- [F4]This sale price represents the weighted average sale price of the shares sold ranging from $203.57 to $204.28 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 $206.43 to $207.37 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 $207.44 to $208.43 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]This sale price represents the weighted average sale price of the shares sold ranging from $208.44 to $209.43 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.
- [F8]This sale price represents the weighted average sale price of the shares sold ranging from $209.44 to $210.43 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.
- [F9]This sale price represents the weighted average sale price of the shares sold ranging from $210.44 to $211.435 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.
Signature
/s/ Kimberly Hackman, by power of attorney|2026-02-04