Tang Stanley 4
4 · DoorDash, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
DoorDash (DASH) Director Stanley Tang Sells 23,125 Shares
What Happened
Stanley Tang, a director of DoorDash (DASH), sold 23,125 shares in a series of open‑market transactions on March 4, 2026, generating approximately $4,087,934 in proceeds. The individual sale lots ranged roughly from ~$172.89 to ~$178.93 per share (several entries report weighted‑average prices and price ranges). The Form 4 also shows non‑cash "other" entries for 21,449 shares at $0.00 (acquired and then disposed as a derivative entry), which the filing indicates involve restricted stock units / convertible Class B shares.
Key Details
- Transaction date(s): March 4, 2026; Form 4 filed March 6, 2026 (timely filing).
- Total sold (S): 23,125 shares for about $4,087,934 (aggregate of reported lots).
- Other entries (J): 21,449 shares recorded at $0.00 (acquired and a corresponding $0.00 derivative disposition).
- Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted by Mr. Tang on December 3, 2025 (footnote F1).
- Several sale prices are reported as weighted averages across price ranges (see filing footnotes F10–F15).
- Shares ownership after transaction: not specified in the items provided in this summary.
Context
- Code S = Sale; code J = other acquisition/disposition (often used for conversions, vesting or similar non‑cash events). The filing notes some securities are restricted stock units (RSUs) and that Class B shares are convertible 1:1 into Class A.
- Sales under an established 10b5‑1 plan are typically pre‑arranged and routine; this report is factual and does not imply motivation.
- For retail investors: purchases are typically viewed as stronger signals, while scheduled sales under 10b5‑1 plans are common for insiders to diversify or meet liquidity needs.
Insider Transaction Report
Form 4
DoorDash, Inc.DASH
Tang Stanley
Director
Transactions
- Sale
Class A Common Stock
[F1][F2][F3]2026-03-04$174.05/sh−200$34,809→ 22,447 total - Sale
Class A Common Stock
[F1][F4][F3]2026-03-04$175.11/sh−200$35,022→ 22,247 total - Sale
Class A Common Stock
[F1][F5][F3]2026-03-04$177.07/sh−520$92,074→ 21,727 total - Sale
Class A Common Stock
[F1][F6][F3]2026-03-04$177.78/sh−636$113,067→ 21,091 total - Sale
Class A Common Stock
[F1][F7][F3]2026-03-04$178.67/sh−120$21,440→ 20,971 total - Other
Class A Common Stock
[F8][F9]2026-03-04+21,449→ 21,449 total(indirect: See footnote) - Sale
Class A Common Stock
[F1][F10][F9]2026-03-04$173.54/sh−865$150,113→ 20,584 total(indirect: See footnote) - Sale
Class A Common Stock
[F1][F11][F9]2026-03-04$174.30/sh−2,682$467,462→ 17,902 total(indirect: See footnote) - Sale
Class A Common Stock
[F1][F12][F9]2026-03-04$175.60/sh−1,553$272,713→ 16,349 total(indirect: See footnote) - Sale
Class A Common Stock
[F1][F13][F9]2026-03-04$176.44/sh−2,828$498,961→ 13,521 total(indirect: See footnote) - Sale
Class A Common Stock
[F1][F14][F9]2026-03-04$177.52/sh−10,687$1,897,113→ 2,834 total(indirect: See footnote) - Sale
Class A Common Stock
[F1][F15][F9]2026-03-04$178.24/sh−2,794$498,003→ 40 total(indirect: See footnote) - Sale
Class A Common Stock
[F1][F9]2026-03-04$178.93/sh−40$7,157→ 0 total(indirect: See footnote) - Other
Class B Common Stock
[F16][F8][F9]2026-03-04−21,449→ 3,590,722 total(indirect: See footnote)→ Class A Common Stock (21,449 underlying)
Holdings
- 7,828
Class B Common Stock
[F16]→ Class A Common Stock (7,828 underlying)
Footnotes (16)
- [F1]The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2025.
- [F10]This sale price represents the weighted average sale price of the shares sold ranging from $172.89 to $173.83 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]This sale price represents the weighted average sale price of the shares sold ranging from $173.89 to $174.88 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.
- [F12]This sale price represents the weighted average sale price of the shares sold ranging from $174.92 to $175.915 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.
- [F13]This sale price represents the weighted average sale price of the shares sold ranging from $175.92 to $176.91 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.
- [F14]This sale price represents the weighted average sale price of the shares sold ranging from $176.92 to $177.915 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.
- [F15]This sale price represents the weighted average sale price of the shares sold ranging from $177.93 to $178.89 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.
- [F16]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]This sale price represents the weighted average sale price of the shares sold ranging from $173.39 to $174.28 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.
- [F3]Certain of these securities are represented by Restricted Stock Units.
- [F4]This sale price represents the weighted average sale price of the shares sold ranging from $174.71 to $175.62 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 $176.44 to $177.41 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 $177.44 to $178.41 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 $178.46 to $179.08 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]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.
- [F9]The shares are held directly by The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee.
Signature
/s/ Kimberly Hackman, by power of attorney|2026-03-06