Director Stanley Tang sells 23,125 shares at $189.75–$193.44 under 10b5-1 plan; retains 3,499,914 derivative shares.
Stanley Tang, a Director at DoorDash, executed five separate sales on 2026-07-02 totaling 23,125 shares for $4,421,341.87, with a blended average price of $191.19. This transaction is governed by a pre-arranged 10b5-1 trading plan adopted on 2025-12-03, meaning it is scheduled rather than discretionary. Tang's non-derivative holdings were entirely depleted by this filing; however, his broader position remains substantial, with 3,499,914 Class B Common Stock shares held in derivative form. His recent prior sales at DoorDash (five transactions on 2026-06-02) posted 30-day returns ranging from 19.8% to 22.6%, indicating equity appreciation following those dispositions. The current stock price of $195.72 reflects +24.8% performance over the preceding 30 days and sits -31.4% from the 52-week high, while DoorDash posted $4.0B in latest quarterly revenue with +27.9% annual revenue growth, though a P/E of 89.37 indicates elevated valuation.