DoorDash Director Alfred Lin Reports In-Kind Distributions from Sequoia Entities

Executive Summary

On November 4, 2026, DoorDash, Inc. ($DASH) director Alfred Lin filed a Form 4 disclosing pro rata in-kind distributions of Class A Common Stock by Sequoia Capital affiliated funds. The distributions occurred on November 2, 2026, for no consideration (Transaction Code J). Because these transactions represent non-market structural distributions to limited partners and members rather than open-market buying or selling, their market trading significance is Low.

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Transaction Breakdown

1. Sequoia Capital Fund, LP (Disposed / Distributed):

   • Shares Transacted: 5,135,244 Class A Common Stock
   • Price per Share: $0.00
   • Remaining Indirect Balance: 15,405,732 shares

2. Sequoia Capital Fund Parallel, LLC (Disposed / Distributed):

   • Shares Transacted: 628,103 Class A Common Stock
   • Price per Share: $0.00
   • Remaining Indirect Balance: 1,884,304 shares

3. Estate Planning Vehicle (Acquired):

   • Shares Transacted: 254,364 Class A Common Stock
   • Price per Share: $0.00
   • Remaining Indirect Balance: 1,131,481 shares

4. Additional Unchanged Holdings:

   • SC US/E Expansion Fund I Management, L.P.: 514,047 shares (Indirect)
   • Direct Ownership: 3,150 shares

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Nature of Ownership & Footnote Context

• Footnote 1: Confirms the transactions represent pro rata in-kind distributions to partners or members for no consideration, including subsequent downstream distributions by managing entities.
• Footnote 2: Clarifies that Alfred Lin is a director and stockholder of SC US (TTGP), Ltd., which acts as the ultimate general partner across these Sequoia Capital entities. Mr. Lin disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.