John Doerr (DASH) reports 1,986-share RSU grant and large indirect stakes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOERR L JOHN reported acquisition or exercise transactions in this Form 4 filing.
DoorDash director L. John Doerr reported a stock grant of 1,986 Class A shares represented by restricted stock units. These RSUs vest on the earlier of one year from the grant date or the day before DoorDash’s next annual shareholder meeting, as long as he continues serving the company.
After this grant, Doerr directly holds 9,069 Class A shares. The filing also lists sizable indirect holdings: 462,294 shares held by KPCB DGF II Associates, LLC, 364,622 shares held by the Vallejo Ventures Trust, and 33,818 shares held by investment entities he controls. For the KPCB DGF II Associates position, he may share voting and investment power but disclaims beneficial ownership beyond his economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
DOERR L JOHN
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 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 9,069 shares (Direct, null);
Class A Common Stock — 33,818 shares (Indirect, See footnote)
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 shares are held directly by KPCB DGF II Associates, LLC ("DGF II Associates"). The Reporting Person is a managing member of DGF II Associates and may be deemed to share voting and investment power over the securities held by DGF II Associates. The Reporting Person disclaims beneficial ownership over such securities 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. Shares are held by the Vallejo Ventures Trust for which the Reporting Person and his spouse serve as trustees. Shares are held by investment entities controlled by the Reporting Person.
Key Figures
RSU grant size: 1,986 shares
Grant price: $0.00 per share
Direct holdings after grant: 9,069 shares
+3 more
6 metrics
RSU grant size
1,986 shares
Class A Common Stock RSUs granted to John Doerr
Grant price
$0.00 per share
Stated price for 1,986-share RSU award
Direct holdings after grant
9,069 shares
DoorDash Class A shares held directly by John Doerr
KPCB DGF II Associates holdings
462,294 shares
Indirect holdings where Doerr may share voting and investment power
Vallejo Ventures Trust holdings
364,622 shares
Indirect holdings held by trust where Doerr and spouse are trustees
Other investment entities holdings
33,818 shares
Indirect holdings in entities controlled by John Doerr
Key Terms
restricted stock unit ("RSU"), vesting, beneficial ownership, pecuniary interest, +1 more
5 terms
restricted stock unit ("RSU") financial
"Each share is represented by a restricted stock unit ("RSU")."
vesting financial
"The RSUs will vest on the earlier of (i) the one year anniversary..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership over such securities..."
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.
pecuniary interest financial
"except to the extent of his pecuniary interest therein..."
Section 16 regulatory
"for purposes of Section 16 or for any other purposes."
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 L. John Doerr report in this Form 4?
L. John Doerr reported receiving a grant of 1,986 Class A shares via restricted stock units. The filing also updates his direct holding to 9,069 shares and discloses several large indirect holdings through entities and a trust associated with him.
When do John Doerr’s new DoorDash (DASH) RSUs vest?
The RSUs vest on the earlier of one year from the grant date or the day before DoorDash’s next annual shareholder meeting. Vesting is conditioned on Doerr continuing as a service provider to DoorDash through the applicable vesting date, according to the disclosure.
What indirect DoorDash (DASH) holdings linked to John Doerr are disclosed?
The filing lists 462,294 shares held by KPCB DGF II Associates, LLC, 364,622 shares held by the Vallejo Ventures Trust, and 33,818 shares held by investment entities controlled by Doerr. For the KPCB DGF II holdings, he disclaims beneficial ownership beyond his pecuniary interest.
Are John Doerr’s reported DoorDash (DASH) transactions open-market buys or sells?
No open-market buys or sells are shown. The only transaction is a grant of 1,986 shares via RSUs as compensation. Other entries in the Form 4 reflect updated holdings and indirect positions, not purchases or sales on the open market.