Form 4: DoorDash CEO Sells Shares
Insider Transaction (Form 4)
Tony Xu, CHIEF EXECUTIVE OFFICER, a Director and 10% owner of DoorDash, Inc., sold 33,334 shares of common stock on August 24, 2026.
Summary
- Option exercise/conversion: acquired 29,567 Class A Common Stock at $7.16 ($211,700) on August 24, 2026; holds 31,067 after (Direct).
- Open-market sale: disposed of 29,567 Class A Common Stock at $230.00 ($6,800,528) on August 24, 2026; holds 1,500 after (Direct).
- Option exercise/conversion: acquired 3,767 Class A Common Stock at $7.16 ($26,972) on August 25, 2026; holds 5,267 after (Direct).
- Open-market sale: disposed of 3,767 Class A Common Stock at $230.00 ($866,410) on August 25, 2026; holds 1,500 after (Direct).
- Option exercise/conversion: disposed of 29,567 Stock Option (right to buy) on August 24, 2026; holds 1,154,572 after (Direct).
- Option exercise/conversion: disposed of 3,767 Stock Option (right to buy) on August 25, 2026; holds 1,150,805 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $7,666,938 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Tony Xu — Director, Officer (CHIEF EXECUTIVE OFFICER), 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-24 | Option exercise/conversion | Class A Common Stock | 29,567 | $7 | $211.7K | 31,067 |
| 2026-08-24 | Open-market sale | Class A Common Stock | 29,567 | $230 | $6.8M | 1,500 |
| 2026-08-25 | Option exercise/conversion | Class A Common Stock | 3,767 | $7 | $27.0K | 5,267 |
| 2026-08-25 | Open-market sale | Class A Common Stock | 3,767 | $230 | $866.4K | 1,500 |
| 2026-08-24 | Option exercise/conversion | Stock Option (right to buy) | 29,567 | — | — | 1,154,572 |
| 2026-08-25 | Option exercise/conversion | Stock Option (right to buy) | 3,767 | — | — | 1,150,805 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-24 | Option exercise/conversion (29,567 shares) |
| 2026-08-24 | Open-market sale (29,567 shares) |
| 2026-08-25 | Option exercise/conversion (3,767 shares) |
| 2026-08-25 | Open-market sale (3,767 shares) |
| 2026-08-24 | Option exercise/conversion (29,567 shares) |
| 2026-08-25 | Option exercise/conversion (3,767 shares) |
Keywords
insider transaction, Form 4, DASH, DoorDash, Inc., bearish, Tony Xu
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