Maplebear (NASDAQ: CART) officer to sell 18,390 shares
Rhea-AI Filing Summary
Maplebear Inc. (symbol CART) received a notice that officer Morgan Fong intends to sell shares of common stock under Rule 144. The notice covers up to 18,390 shares to be sold on or about 08/24/2026, in connection with an employee stock option exercise and a broker-facilitated cashless exercise, pursuant to a Rule 10b5-1 trading plan. In the prior three months, a separate sale of 18,390 shares was reported with an aggregate value of $815,398.00 on 07/22/2026.
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Key Figures
Planned shares to be sold under Rule 144: 18,390 shares
Aggregate market value for planned sale: $918,802.00
Shares sold in past 3 months: 18,390 shares
+2 more
5 metrics
Planned shares to be sold under Rule 144
18,390 shares
Common stock to be sold on or about 08/24/2026 in connection with an employee stock option exercise
Aggregate market value for planned sale
$918,802.00
Securities information section for 18,390 shares of common stock
Shares sold in past 3 months
18,390 shares
Securities sold on 07/22/2026 for the account of Morgan Fong
Aggregate sale value in past 3 months
$815,398.00
Common stock of Maplebear Inc. sold on 07/22/2026
Proposed sale date
08/24/2026
Date associated with the planned Rule 144 sale of 18,390 shares
Key Terms
Rule 144, Rule 10b5-1 trading plan, cashless exercise, Employee Stock Option Exercise
4 terms
Rule 144 regulatory
"The shares reported on this will be sold pursuant to a Rule 10b5-1 trading plan."
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.
Rule 10b5-1 trading plan regulatory
"The shares reported on this will be sold pursuant to a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
Employee Stock Option Exercise financial
"Common | 08/24/2026 | Employee Stock Option Exercise | Maplebear, Inc."
FAQ
What does the Form 144 filing disclose about Maplebear Inc. (CART)?
The filing discloses that an officer of Maplebear Inc. intends to sell up to 18,390 shares of common stock under Rule 144 around 08/24/2026, tied to an employee stock option exercise and a broker cashless exercise under a Rule 10b5-1 trading plan.
What is the role of the Rule 10b5-1 trading plan in the Maplebear Inc. (CART) Form 144?
The remarks state that the shares in this notice will be sold pursuant to a Rule 10b5-1 trading plan. Such a plan pre-establishes trading instructions, and the planned sale of 18,390 shares on or about 08/24/2026 follows that pre-arranged plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.