DoorDash: director Tang Stanley sold 23,125 shares

What happened

• Tang Stanley, a director, sold 23,125 shares in multiple open-market transactions on Oct 2, 2026, for aggregate proceeds of $4,305,695.
• The filing also reports an other acquisition of 23,125 shares at $0.00 (conversion of Class B to Class A) and an other disposition of 23,125 shares at $0.00 described as derivative (certain securities represented by restricted stock units).

Key details

• Transaction date and prices: Oct 2, 2026. Open-market sales: 1,000 shares at $181.42 ($181,419); 1,500 at $182.42 ($273,624); 3,500 at $183.50 ($642,247); 2,900 at $184.56 ($535,210); 1,600 at $185.79 ($297,266); 1,800 at $186.62 ($335,923); 3,999 at $187.70 ($750,608); 6,326 at $188.87 ($1,194,760); 500 at $189.28 ($94,638). Other acquisition/disposition entries at $0.00 for 23,125 shares (conversion/derivative).
• Shares owned after the transaction: not stated in the filing.
• Relevant footnotes: Class B shares convertible to Class A at a 1:1 ratio (F1, F14); shares held by The ST Trust for which the reporting person serves as trustee (F2); sales were effected pursuant to a Rule 10b5-1 trading plan adopted Dec 3, 2025 (F3); certain sale prices reported as weighted-average ranges (F4–F12); certain securities represented by restricted stock units (F13).
• Filing: report filed Oct 6, 2026, covering transactions on Oct 2, 2026. The filing does not indicate it was late.

Why it may matter

• Sales were executed in multiple open-market trades at various prices, and the filing notes a Rule 10b5-1 plan for the reported sales.
• The filing shows conversion of Class B to Class A shares and a derivative disposition involving restricted stock units.
• A filing does not show why the insider traded or why the company acted.