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DoorDash Inc

For the period ended Jun 24, 2025. Filed Apr 29, 2025.

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About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Jun 24, 2025 · Filed Apr 29, 2025

Use the contents to explore the available documents and sections.

DASH$179.67-0.1%Stored close · as of Nov 6, 2026
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Contents

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE

SECURITIES EXCHANGE ACT OF 1934

(Amendment No. )

Filed by the Registrant ☒

Filed by a party other than the Registrant ☐

Check the appropriate box:

☐Preliminary Proxy Statement
☐Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☒Definitive Proxy Statement
☐Definitive Additional Materials
☐Soliciting Material under §240.14a-12

DoorDash, Inc.

(Name of Registrant as Specified In Its Charter)

Payment of Filing Fee (Check all boxes that apply):

☒No fee required
☐Fee paid previously with preliminary materials
☐Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11

DOORDASH, INC. 303 2nd STREET, SOUTH TOWER, 8th FLOORSAN FRANCISCO, CALIFORNIA 94107

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS

to be held at 10:00 a.m. Pacific Time on Tuesday, June 24, 2025

Dear Stockholders of DoorDash, Inc.:

We cordially invite you to attend the 2025 annual meeting of stockholders (the “Annual Meeting”) of DoorDash, Inc., a Delaware corporation, to be held on Tuesday, June 24, 2025 at 10:00 a.m. Pacific Time. The Annual Meeting will be conducted virtually via live audio webcast. You will be able to attend the Annual Meeting virtually by visiting www.virtualshareholdermeeting.com/DASH2025, where you will be able to listen to the meeting live and, by entering your 16-digit control number, submit questions and vote online.

Whether or not you attend the Annual Meeting, it is important that your shares be represented and voted at the meeting. Therefore, we urge you to promptly vote and submit your proxy via the Internet, by telephone, or by mail.

We are holding the Annual Meeting for the following purposes, as more fully described in the accompanying proxy statement:

  1. to elect four Class II directors to serve until the 2028 annual meeting of stockholders and until their successors are duly elected and qualified;

  2. to ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending December 31, 2025;

  3. to approve, on an advisory basis, the compensation of our named executive officers;

  4. to approve an amendment to our amended and restated certificate of incorporation to reflect certain Delaware law provisions regarding officer exculpation; and

  5. to transact such other business as may properly come before the Annual Meeting or any adjournments or postponements thereof.

Our board of directors has fixed the close of business on April 25, 2025 as the record date for the Annual Meeting. Stockholders of record on April 25, 2025 are entitled to notice of and to vote at the Annual Meeting. Further information regarding voting rights and the matters to be voted upon is presented in the accompanying proxy statement.

The accompanying proxy statement and our annual report can be accessed by visiting: www.proxyvote.com. You will be asked to enter the 16-digit control number located on your proxy card.

YOUR VOTE IS IMPORTANT. Whether or not you plan to attend the Annual Meeting, we urge you to submit your vote via the Internet, telephone, or mail as soon as possible to ensure your shares are represented. For additional instructions on voting by telephone or the Internet, please refer to your proxy card. Returning the proxy does not deprive you of your right to attend the Annual Meeting and to vote your shares at the Annual Meeting.

By order of the Board of Directors,

Tony Xu

Co-Founder, Chief Executive Officer, and Chair of the Board

San Francisco, California

April 29, 2025

TABLE OF CONTENTS

GENERAL INFORMATION1
BOARD OF DIRECTORS AND CORPORATE GOVERNANCE8
Nominees for Director9
Continuing Directors10
Director Independence11
Board Leadership Structure and Role of the Lead Independent Director11
Board Meetings and Committees12
Compensation Committee Interlocks and Insider Participation14
Considerations in Evaluating Director Nominees14
Stockholder Recommendations and Nominations to the Board of Directors15
Communications with the Board of Directors16
Corporate Governance Guidelines and Code of Conduct16
Insider Trading Policies and Procedures16
Role of Board in Risk Oversight Process17
ESG Board Oversight Framework18
Board Diversity18
Director Compensation18
PROPOSAL NO. 1 - ELECTION OF DIRECTORS23
Nominees23
Vote Required23
PROPOSAL NO. 2 - RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM25
Fees Paid to the Independent Registered Public Accounting Firm25
Auditor Independence25
Audit Committee Policy on Pre-Approval of Audit and Permissible Non-Audit Services of Independent Registered Public Accounting Firm25
Vote Required26
REPORT OF THE AUDIT COMMITTEE27
PROPOSAL NO. 3 - ADVISORY VOTE ON THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS28
Vote Required28
PROPOSAL NO. 4 - AMENDMENT OF OUR CHARTER TO REFLECT CERTAIN DELAWARE LAW PROVISIONS REGARDING OFFICER EXCULPATION30
Vote Required31
EXECUTIVE OFFICERS32
EXECUTIVE COMPENSATION33
Compensation Discussion and Analysis33
Report of the Compensation Committee44
Summary Compensation Table for Fiscal Year 202445
Grants of Plan-Based Awards in 202447
Outstanding Equity Awards at 2024 Year-End48
Option Exercises and Stock Vested in 202449
Potential Payments Upon Termination or Change in Control50
CEO Pay Ratio51
Pay vs. Performance52
2020 CEO Performance Award Update55
EQUITY COMPENSATION PLAN INFORMATION57
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT58
CERTAIN RELATIONSHIPS, RELATED PARTY AND OTHER TRANSACTIONS61
Policies and Procedures for Related Person Transactions61
OTHER MATTERS63
Delinquent Section 16(a) Reports63
ContentsView on SEC.gov

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