08/19/2026 | Press release | Distributed by Public on 08/19/2026 15:34
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Class B Common Stock | (1) | 08/17/2026 | C(1) | 1,204,092 | (1) | (1) | Class A Common Stock | 1,204,092 | $ 0 | 6,823,189 | I | Sequoia Capital U.S. Venture Fund XV, L.P.(3)(4) | |||
| Class B Common Stock | (1) | 08/17/2026 | C(1) | 50,699 | (1) | (1) | Class A Common Stock | 50,699 | $ 0 | 287,297 | I | Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.(3)(4) | |||
| Class B Common Stock | (1) | 08/17/2026 | C(1) | 18,231 | (1) | (1) | Class A Common Stock | 18,231 | $ 0 | 103,310 | I | Sequoia Capital U.S. Venture Partners Fund XV, L.P.(3)(4) | |||
| Class B Common Stock | (1) | 08/17/2026 | C(1) | 185,742 | (1) | (1) | Class A Common Stock | 185,742 | $ 0 | 1,052,540 | I | Sequoia Capital U.S. Venture XV Principals Fund, L.P.(3)(4) | |||
| Class B Common Stock | (1) | 08/17/2026 | C(1) | 319,862 | (1) | (1) | Class A Common Stock | 319,862 | $ 0 | 1,812,546 | I | Sequoia Capital U.S. Growth Fund VIII, L.P.(3)(4) | |||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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SC US (TTGP), LTD. 2800 SAND HILL ROAD SUITE 101 MENLO PARK, CA 94025 |
X | |||
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SC U.S. Venture XV Management, L.P. 2800 SAND HILL ROAD SUITE 101 MENLO PARK, CA 94025 |
X | |||
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SEQUOIA CAPITAL U.S. VENTURE FUND XV, L.P. 2800 SAND HILL ROAD SUITE 101 MENLO PARK, CA 94025 |
X | |||
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SEQUOIA CAPITAL U.S. VENTURE PARTNERS FUND XV (Q), L.P. 2800 SAND HILL ROAD SUITE 101 MENLO PARK, CA 94025 |
X | |||
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SEQUOIA CAPITAL U.S. VENTURE PARTNERS FUND XV, L.P. 2800 SAND HILL ROAD SUITE 101 MENLO PARK, CA 94025 |
X | |||
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SEQUOIA CAPITAL U.S. VENTURE XV PRINCIPALS FUND, L.P. 2800 SAND HILL ROAD SUITE 101 MENLO PARK, CA 94025 |
X | |||
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SC U.S. Growth VIII Management, L.P. 2800 SAND HILL ROAD SUITE 101 MENLO PARK, CA 94025 |
X | |||
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Sequoia Capital U.S. Growth Fund VIII, L.P. 2800 SAND HILL ROAD SUITE 101 MENLO PARK, CA 94025 |
X | |||
| /s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd. | 08/19/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Venture XV Management, L.P. | 08/19/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Venture XV Management, L.P., the General Partner of Sequoia Capital U.S. Venture Fund XV, L.P | 08/19/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Venture XV Management, L.P., the General Partner of Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P. | 08/19/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Venture XV Management, L.P., the General Partner of Sequoia Capital U.S. Venture Partners Fund XV, L.P. | 08/19/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Venture XV Management, L.P., the General Partner of Sequoia Capital U.S. Venture XV Principals Fund, L.P. | 08/19/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Growth VIII Management, L.P. | 08/19/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Jung Yeon Son, by power of attorney for SC US (TTGP), Ltd., the General Partner of SC U.S. Growth VIII Management, L.P., the General Partner of Sequoia Capital U.S. Growth Fund VIII, L.P. | 08/19/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the option of the holder thereof and has no expiration date. |
| (2) | Represents a pro rata in-kind distribution of shares of Class A Common Stock of the Issuer to partners or members for no consideration and includes subsequent pro rata in-kind distributions by general partners or managing members to their respective partners or members for no consideration. |
| (3) | SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth VIII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VIII, L.P. (GFVIII), and (ii) the general partner of SC U.S. Venture XV Management, L.P., which is the general partner of Sequoia Capital U.S. Venture Fund XV, L.P., Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P., Sequoia Capital U.S. Venture Partners Fund XV, L.P., and Sequoia Capital U.S. Venture XV Principals Fund, L.P. (collectively, the XV Funds). |
| (4) | [continued from Footnote 2] As a result, SC US (TTGP), Ltd. may be deemed to share voting and dispositive power with respect to the shares held by GFVIII and the XV Funds. Each of SC US (TTGP), Ltd., SC U.S. Growth VIII Management, L.P. and SC U.S. Venture XV Management, L.P. disclaims beneficial ownership of the shares held by GFVIII and the XV Funds, as applicable, except to the extent of its 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. |