A Form 4 filed with the SEC on August 11, 2026, discloses changes in beneficial ownership of DoorDash, Inc. (NASDAQ:DASH) Class A Common Stock by Chief Executive Officer and Director Tony Xu, reflecting transactions dated August 7, 2026.

Key Highlights

  • In-kind distribution: Tony Xu acquired 8,159 shares of Class A Common Stock at a price of $0 via transaction code J, received as part of a Sequoia Capital Fund pro rata in-kind distribution to partners of investment funds.
  • Indirect ownership: The 8,159 acquired shares are held indirectly by TXX Investments LLC, whose sole member is The Article 4 Trust under TXX Family Trust, for which Xu serves as a trustee.
  • Shares disposed: 1,500 shares of Class A Common Stock were disposed of (marked D), with no price listed for that transaction row.
  • Resulting indirect ownership: Following the reported transaction, 8,159 shares of Class A Common Stock are beneficially owned indirectly through TXX Investments LLC.
  • Filing signed by attorney: The form was signed by Christina Whittaker under power of attorney on August 11, 2026.

DoorDash CEO Xu Receives Sequoia In-Kind Distribution, Disposes of 1,500 Shares

According to the Form 4 filed on August 11, 2026, Tony Xu, who is identified as Chief Executive Officer, Director, and a 10% Owner of DoorDash, Inc. (NASDAQ:DASH), reported two transactions in Class A Common Stock dated August 7, 2026. The first transaction, coded J, reflects the acquisition of 8,159 shares at a price of $0. The filing states these shares "were received as part of Sequoia Capital Fund's pro rata in-kind distribution to the partners of investment funds in which the Reporting Person's estate planning vehicles are partners."

The acquired shares are held indirectly. The filing notes that "the shares are held by TXX Investments LLC, whose sole member is The Article 4 Trust under TXX Family Trust for which the Reporting Person serves as a trustee." Following this transaction, the filing reports 8,159 shares of Class A Common Stock beneficially owned indirectly by Xu through this structure.

A second line in Table I of the filing records the disposal of 1,500 shares of Class A Common Stock, though no transaction date, transaction code, or price is explicitly listed in the row as reproduced in the filing text. The Form 4 was filed by one reporting person and was signed by Christina Whittaker acting under power of attorney on August 11, 2026.

What Was Disclosed

DoorDash CEO Tony Xu filed a Form 4 reporting the acquisition of 8,159 Class A shares via an in-kind distribution from Sequoia Capital Fund at $0, held indirectly through TXX Investments LLC, and the disposal of 1,500 Class A shares, with transactions dated August 7, 2026.