A Form 4 filed with the SEC on August 10, 2026 discloses that Andy Fang, a director of DoorDash, Inc. (NASDAQ: DASH), reported transactions in Class A and Class B Common Stock dated August 6, 2026.

Key Highlights

  • Conversion: Andy Fang converted 15,000 shares of Class B Common Stock into 15,000 shares of Class A Common Stock at a 1:1 ratio, at a price of $0, held indirectly through The AF Living Trust UTA dated 9/4/19.
  • Sale: 15,000 shares of Class A Common Stock were disposed of at $215 per share, reducing the indirectly held position in that account to 0 shares.
  • 10b5-1 Plan: The sale was made pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2026.
  • Remaining Direct Holdings: Following the transactions, Fang directly holds 44,189 shares of Class A Common Stock, certain of which are represented by Restricted Stock Units.
  • Derivative Securities: Fang indirectly holds 5,664,604 shares of Class B Common Stock (convertible 1:1 into Class A Common Stock) through The AF Living Trust, and 144,000 shares of Class A Common Stock indirectly through the AF 2025 GRAT, for which he serves as trustee.
  • Direct Derivative Holdings: Fang directly holds 50,285 shares underlying Class B Common Stock derivative securities.

Andy Fang's August 2026 DoorDash Share Transactions

According to the Form 4 filed on August 10, 2026, Andy Fang, identified as a director of DoorDash, Inc., reported two transactions on August 6, 2026 involving Class A Common Stock, both held indirectly through The AF Living Trust UTA dated 9/4/19, for which Fang serves as trustee. The first transaction was a conversion of 15,000 shares of Class B Common Stock into 15,000 shares of Class A Common Stock at a 1:1 ratio for a price of $0. The second transaction was a sale of those 15,000 Class A shares at $215 per share, resulting in a post-transaction indirect balance of 0 shares in that account.

The filing notes that the sale "was effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 6, 2026." The form also indicates that the transaction box for compliance with Rule 10b5-1(c) has been checked. Following all reported transactions, Fang directly holds 44,189 shares of Class A Common Stock, with a footnote stating that "certain of these securities are represented by Restricted Stock Units."

In Table II covering derivative securities, the filing reports that Fang indirectly holds 5,664,604 shares of Class B Common Stock through The AF Living Trust, each convertible into one share of Class A Common Stock at the option of the holder with no expiration date. Additionally, 144,000 shares of Class A Common Stock are held indirectly through the AF 2025 GRAT, for which Fang also serves as trustee. Fang directly holds 50,285 shares underlying Class B Common Stock derivative positions. The form was signed by Kimberly Hackman, by power of attorney, on August 10, 2026.

What Was Disclosed

The filing discloses a conversion and sale of DoorDash Class A Common Stock by director Andy Fang on August 6, 2026, conducted under a pre-established Rule 10b5-1 plan, along with a summary of his remaining direct and indirect beneficial ownership positions.