Maplebear Inc. (CART) insider files to sell 18,390 shares via cashless option exercise
Rhea-AI Filing Summary
Maplebear Inc. insider Morgan Fong filed to potentially sell common stock under Rule 144. The notice covers up to 18,390 shares of Maplebear Inc. common stock to be handled through Charles Schwab & Co., Inc., with an indicated aggregate value of $815,398.00 and a proposed sale date of July 22, 2026 on NASDAQ. The shares relate to an employee stock option exercise, structured as a broker payment for a cashless exercise. The filing also reports that during the prior three months, on May 18, 2026, 14,033 shares of Maplebear Inc. common stock were sold for an aggregate amount of $560,416.00.
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Key Figures
Shares to be sold: 18,390 shares
Aggregate value of planned sale: $815,398.00
Proposed sale date: 07/22/2026
+2 more
5 metrics
Shares to be sold
18,390 shares
Common stock covered by the planned Rule 144 sale
Aggregate value of planned sale
$815,398.00
Value associated with 18,390 shares in the securities information section
Proposed sale date
07/22/2026
Date for the employee stock option cashless exercise sale on NASDAQ
Shares sold in past 3 months
14,033 shares
Maplebear Inc. common stock sold on 05/18/2026
Aggregate value of past sale
$560,416.00
Amount received for 14,033 shares sold on 05/18/2026
Key Terms
Rule 144, Employee Stock Option Exercise, cashless exercise
3 terms
Rule 144 regulatory
"144: Securities To Be Sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Employee Stock Option Exercise financial
"Common | 07/22/2026 | Employee Stock Option Exercise | Maplebear, Inc."
cashless exercise financial
"Broker Payment for Cashless Exercise"
A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Maplebear Inc. (CART) disclose in this Form 144 filing?
The filing states that Morgan Fong may sell up to 18,390 Maplebear Inc. shares via Charles Schwab & Co., Inc., tied to an employee stock option cashless exercise expected on July 22, 2026.
What past transactions in Maplebear Inc. (CART) stock does the Form 144 report?
The filing reports that on May 18, 2026, 14,033 shares of Maplebear Inc. common stock were sold, with an aggregate amount of $560,416.00. This is disclosed in the section covering securities sold during the past three months.
How are the Maplebear Inc. (CART) options being exercised in this Form 144?
The transaction is described as an employee stock option exercise with a broker payment for cashless exercise. This means the broker handles shares in a way that satisfies the option exercise without requiring separate cash payment from the holder.