Maplebear (CART) Insider Fidji Simo Discloses 49,818-Share Sale
Rhea-AI Filing Summary
Maplebear Inc. (CART) Form 144 shows insider Fidji Simo intends to sell 49,818 common shares through Charles Schwab, with an aggregate market value of $2,573,770 and an approximate sale date of 08/08/2025 on NASDAQ.
The shares were acquired on 02/15/2024 as RSU/PSU equity compensation. The filing discloses six prior sales by Fidji Simo between 05/14/2025 and 07/23/2025 totaling 128,099 shares for gross proceeds of $6,138,398. The issuer is reported to have 260,734,689 shares outstanding, so the proposed sale and recent transactions represent a very small fraction of outstanding stock. The filer represents they do not know any material undisclosed adverse information.
Positive
- Insider transaction disclosed under Rule 144, demonstrating regulatory compliance and transparency
Negative
- None.
Insights
TL;DR: Insider sale disclosed; volumes are small relative to outstanding shares and unlikely to move the market materially.
The filing shows a planned sale of 49,818 shares valued at $2,573,770 and prior sales of 128,099 shares yielding $6,138,398. Against 260,734,689 shares outstanding, these transactions are negligible in percentage terms. This pattern is consistent with disposition of equity compensation rather than an operational red flag. From a market-impact perspective, these disclosures satisfy Rule 144 transparency requirements and should not, by themselves, alter valuation models.
TL;DR: Transactions stem from RSU/PSU vesting and are properly disclosed; monitoring warranted but no immediate governance concern shown.
The securities to be sold were acquired as RSU/PSU on 02/15/2024 and the filer executed multiple sales in the prior three months. The Form 144 includes the required representation that the filer is unaware of any undisclosed material adverse information. These facts indicate procedural compliance with insider disclosure rules. The frequency of sales can be noted by stakeholders, but the filing provides no evidence of governance violations or material non-public developments.