DoorDash CEO Tony Xu Receives 8,159 Shares

What Happened
Tony Xu, CEO of DoorDash (DASH), was reported on a Form 4 to have acquired 8,159 shares on August 7, 2026. The filing records the transaction as an "other acquisition or disposition" (code J) at a reported price of $0.00 (total $0), indicating a non‑cash in‑kind distribution rather than an open‑market purchase.

Key Details

• Transaction date and filing: transaction dated 2026-08-07; Form 4 filed 2026-08-11 (Accession: 0001832617-26-000007). The filing does not indicate a late filing.
• Shares and price: 8,159 shares acquired, reported at $0.00 per share (in‑kind distribution).
• Shares owned after transaction: not specified in the provided summary.
• Footnotes:
  • F1 — Shares received as part of Sequoia Capital Fund's pro rata in‑kind distribution to partners of funds in which the reporting person’s estate planning vehicles are partners.
  • F2 — The shares are held by TXX Investments LLC; the sole member is The Article 4 Trust under TXX Family Trust, for which Tony Xu serves as trustee.
• Transaction code: J (Other acquisition/disposition) — not a standard open‑market purchase or sale.

Context
This was a non‑cash, in‑kind distribution from investment funds (Sequoia) to partner vehicles and the shares are held in family/trust entities—not a direct personal cash purchase or sale by the CEO. Such transfers often reflect fund distributions or estate/partnership allocations and do not necessarily indicate a change in the insider’s market view.