Director Alfred Lin filed a Form 4 with the SEC on November 6, 2026, reporting pro rata in-kind distributions of DoorDash, Inc. Class A Common Stock that occurred on November 4, 2026, across several Sequoia-affiliated entities and an estate planning vehicle.

Key Highlights

  • Transaction type: All reported transactions carried code "J," representing pro rata in-kind distributions of Class A Common Stock for no consideration ($0 price).
  • Sequoia Capital Fund, LP: 7,702,866 shares disposed; 7,702,866 shares remain beneficially owned indirectly through that entity following the transaction.
  • Sequoia Capital Fund Parallel, LLC: 942,156 shares disposed; 942,148 shares remain beneficially owned indirectly through that entity.
  • Estate planning vehicle: 381,558 shares acquired at $0; resulting indirect beneficial ownership through that vehicle is 1,513,039 shares.
  • Additional indirect holdings: 514,047 shares held indirectly via SC US/E Expansion Fund I Management, L.P.; 3,150 shares reported as directly owned (disposed).
  • 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."

Alfred Lin's In-Kind Distribution of DoorDash Shares Across Sequoia Entities

According to the filing, Alfred Lin, a director of DoorDash, Inc. (NASDAQ:DASH), reported multiple changes in beneficial ownership of Class A Common Stock on November 4, 2026, all executed under transaction code "J." The filing describes these as "pro rata in-kind distribution of shares of Common Stock of the Issuer to partners or members for no consideration," including "subsequent pro rata in-kind distributions by general partners or managing members to their respective partners or members for no consideration."

The filing indicates that 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. That entity, in turn, is 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" over shares held by those entities. The Form 4 was signed on November 6, 2026, by Jung Yeon Son under power of attorney.

Following the reported transactions, the filing shows Lin's indirect beneficial ownership through the estate planning vehicle at 1,513,039 shares, indirect ownership via SC US/E Expansion Fund I Management, L.P. at 514,047 shares, and a direct position of 3,150 shares. All distributions were recorded at a price of $0, consistent with the in-kind, no-consideration nature described in the filing's footnotes.

What Was Disclosed

Director Alfred Lin reported pro rata in-kind distributions of DoorDash Class A Common Stock on November 4, 2026, across Sequoia-affiliated funds and an estate planning vehicle, all at $0 consideration, with resulting beneficial ownership detailed for each holding entity.