Director Alfred Lin (NYSE: DASH) receives 1,986 DoorDash RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lin Alfred reported acquisition or exercise transactions in this Form 4 filing.
DoorDash, Inc. director Alfred Lin reported a compensation-related equity grant in the form of 1,986 restricted stock units (RSUs) of Class A common stock. These RSUs will vest on the earlier of one year after the grant date or the day before DoorDash’s next annual shareholder meeting, if he continues as a service provider.
Following this award, Lin holds 3,150 shares of DoorDash Class A common stock directly. The filing also lists large indirect holdings through an estate planning vehicle and Sequoia Capital-related investment entities, where Lin may share voting and dispositive power but disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Lin Alfred
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,986 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,150 shares (Direct, null);
Class A Common Stock — 27,571,691 shares (Indirect, Sequoia Capital Fund, LP)
Footnotes (1)
- Each share is represented by a restricted stock unit ("RSU"). The RSUs will vest on the earlier of (i) the one year anniversary of the grant date, or (ii) the day prior to the date of the Issuer's next annual meeting of shareholders, in each case subject to the Reporting Person continuing to be a service provider through the applicable vesting date. Certain of these securities are represented by RSUs. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SC US/E Expansion Fund I Management, L.P., ("EXPI Management") and (ii) the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of Sequoia Capital Fund, LP ("SCF") and the managing member of Sequoia Capital Fund Parallel, LLC ("SCFP"). As a result, the Reporting Person may be deemed to share voting and dispositive power with respect to the shares held by EXPI Management, SCF and SCFP. The Reporting Person disclaims beneficial ownership of the shares held by EXPI Management, SCF and SCFP except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
Key Figures
RSUs granted: 1,986 RSUs
Direct holdings after grant: 3,150 shares
Estate planning vehicle holdings: 575,250 shares
+3 more
6 metrics
RSUs granted
1,986 RSUs
Class A common stock award to director Alfred Lin
Direct holdings after grant
3,150 shares
Class A common stock held directly by Alfred Lin
Estate planning vehicle holdings
575,250 shares
Indirect Class A holdings via estate planning vehicle
SC US/E Expansion Fund I Management, L.P.
514,047 shares
Indirect Class A holdings through Sequoia-related fund
Sequoia Capital Fund Parallel, LLC holdings
3,509,346 shares
Indirect Class A holdings reported for this entity
Sequoia Capital Fund, LP holdings
27,571,691 shares
Indirect Class A holdings reported for this entity
Key Terms
restricted stock unit ("RSU"), estate planning vehicle, beneficial ownership, voting and dispositive power, +1 more
5 terms
restricted stock unit ("RSU") financial
"Each share is represented by a restricted stock unit ("RSU")."
estate planning vehicle financial
"nature_of_ownership: "By estate planning vehicle" for indirect holdings."
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares held by EXPI Management, SCF and SCFP..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
voting and dispositive power financial
"may be deemed to share voting and dispositive power with respect to the shares held by EXPI Management, SCF and SCFP."
Section 16 regulatory
"shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16..."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What did DoorDash (DASH) director Alfred Lin report in this Form 4?
Alfred Lin reported receiving 1,986 restricted stock units of DoorDash Class A common stock as a compensation-related grant. The filing also updates his direct and indirect shareholdings, including positions held through Sequoia Capital-related investment entities.
When do Alfred Lin’s new DoorDash RSUs vest?
The 1,986 RSUs vest on the earlier of one year after the grant date or the day before DoorDash’s next annual shareholder meeting. Vesting is conditioned on Lin continuing to serve as a service provider through the applicable vesting date.
Does this DoorDash Form 4 show any stock sales by Alfred Lin?
The Form 4 does not report any stock sales. It shows a grant of 1,986 RSUs to Alfred Lin and updates of indirect holdings categorized as “holding” entries, with no buy or sell transaction codes indicated in the provided data.