Director Alfred Lin filed a Form 4 with the SEC on November 4, 2026, reporting pro rata in-kind distributions of DoorDash, Inc. Class A Common Stock occurring on November 2, 2026, across multiple Sequoia Capital-affiliated entities.

Key Highlights

  • Reporting person: Alfred Lin, identified as a Director of DoorDash, Inc. (NASDAQ:DASH).
  • Transaction type: All transactions carry code "J," described as pro rata in-kind distributions of shares for no consideration at $0 per share.
  • Sequoia Capital Fund, LP: 5,135,244 shares disposed of (D); 15,405,732 shares beneficially owned following the transaction, held indirectly.
  • Sequoia Capital Fund Parallel, LLC: 628,103 shares disposed of (D); 1,884,304 shares beneficially owned following the transaction, held indirectly.
  • Estate planning vehicle: 254,364 shares acquired (A) at $0; 1,131,481 shares beneficially owned following the transaction, held indirectly.
  • Additional indirect holdings: 514,047 shares held indirectly through SC US/E Expansion Fund I Management, L.P., and 3,150 shares disposed of (D) in a separate line.
  • Beneficial ownership disclaimer: According to the filing, Lin "disclaims beneficial ownership of the shares held by EXPI Management, SCF and SCFP except to the extent of his pecuniary interest therein."

Pro Rata In-Kind Distributions by Sequoia Entities Linked to DoorDash Director Alfred Lin

According to the filing, all reported transactions took place on November 2, 2026, and consisted of pro rata in-kind distributions of DoorDash Class A Common Stock to partners or members for no consideration. The filing states these distributions also include "subsequent pro rata in-kind distributions by general partners or managing members to their respective partners or members for no consideration." Each transaction was recorded at a price of $0.

The filing explains that Alfred Lin is a director and stockholder of SC US (TTGP), Ltd., which serves as the general partner of SC US/E Expansion Fund I Management, L.P. and of Sequoia Capital Fund Management, L.P. Sequoia Capital Fund Management, L.P. is in turn the general partner of Sequoia Capital Fund, LP and the managing member of Sequoia Capital Fund Parallel, LLC. As a result, the filing states, Lin "may be deemed to share voting and dispositive power with respect to the shares held by EXPI Management, SCF and SCFP." All beneficial ownership reported through these entities is classified as indirect.

The Form 4 was signed by Jung Yeon Son, by power of attorney, on November 4, 2026. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

DoorDash Director Alfred Lin reported pro rata in-kind distributions of Class A Common Stock on November 2, 2026, through Sequoia Capital-affiliated entities, all at $0 consideration. Lin disclaims beneficial ownership of shares held by those entities beyond his pecuniary interest.