Form 4: DoorDash Director Andy Fang Converts & Gifts Stock

DoorDash Director Andy Fang converted 36,000 Class B shares to Class A, subsequently gifting them indirectly.

Summary

• Andy Fang, a Director of DoorDash, Inc. (DASH), reported a change in beneficial ownership.
• On November 14, 2025, Fang converted 36,000 shares of Class B Common Stock into 36,000 shares of Class A Common Stock.
• These 36,000 Class A Common Stock shares, which were indirectly held through The AF Living Trust, were subsequently gifted away indirectly at a price of $0.
• Following these transactions, Fang's beneficial ownership includes:
• 21,282 shares of Class A Common Stock held directly, some of which are Restricted Stock Units.
• 5,923,604 shares of Class B Common Stock held indirectly by The AF Living Trust.
• 50,285 shares of Class B Common Stock held directly.

Sentiment

Score: 5

Explanation: A routine insider transaction involving a conversion and subsequent gift of shares, which is neutral in terms of company performance or outlook. It reflects a change in ownership structure rather than a direct buy/sell decision based on market sentiment.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Gift of 36,000 Class A Common Stock shares at $0 price, following conversion from Class B shares. These shares were indirectly held by The AF Living Trust, for which the Reporting Person serves as trustee, and were subsequently gifted away indirectly.

Key Dates

Keywords

DoorDash, DASH, Andy Fang, Form 4, Insider Transaction, Class A Common Stock, Class B Common Stock, Stock Conversion, Beneficial Ownership, Gift