DoorDash, Inc. 4

DoorDash CEO Tony Xu exercised low‑priced stock options and sold a total of 33,334 Class A shares around $230 per share under a Rule 10b5‑1 plan, ending with 1,500 shares held directly plus additional indirect holdings.

On August 24 and 25, 2026, DoorDash, Inc. CEO Tony Xu exercised stock options with a $7.16 strike price and immediately sold the resulting Class A Common Stock under a pre‑arranged Rule 10b5‑1 trading plan. On August 24, he exercised 29,567 options and acquired 29,567 shares, then sold 29,567 shares at a weighted average price of approximately $230.004 per share, leaving 1,500 shares held directly. On August 25, he exercised an additional 3,767 options and acquired 3,767 shares, then sold 3,767 shares at about $230.00 per share, again ending with 1,500 shares directly owned. The option exercises were priced at $7.16, and the underlying options were already fully vested and immediately exercisable; the reported holdings also include 8,159 shares held indirectly via TXX Investments LLC (Article 4 Trust of the TXX Family Trust). Post‑transaction, Xu continues to own stock directly and indirectly, with his remaining directly owned 1,500 shares valued at roughly $345,000 based on the sale prices, and his indirectly held 8,159 shares valued at roughly $1.88 million.

Filing Facts

CIK

1792789

Ticker

DASH

Form

4

Source Type

sec

Accession

0001832617-26-000009

Alert Tier

8