[144] Maplebear Inc. SEC Filing
Maplebear, Inc. (CART) Form 144 notice reports a proposed sale of 9,259 common shares through Charles Schwab & Co., Inc. on NASDAQ with an aggregate market value of $392,284. The filing lists 263,438,274 shares outstanding and an approximate sale date of 09/22/2025.
The securities were acquired by the seller through a restricted stock lapse on 08/15/2025 from Maplebear, Inc. as equity compensation. The filing also discloses a sale during the past three months: Chris Rogers sold 8,987 shares on 08/20/2025 for $411,365. The filer certifies they do not possess undisclosed material adverse information.
- Disclosure provides transparency on source, amount, and timing of insider share sales
- Securities were acquired as equity compensation, which explains the origin of the shares
- None.
Insights
TL;DR: Routine insider sale disclosure for equity compensation; small relative to outstanding shares, so likely low market impact.
The Form 144 documents a proposed sale of 9,259 shares valued at $392,284 from restricted stock that lapsed on 08/15/2025 and a recent sale by Chris Rogers of 8,987 shares for $411,365 on 08/20/2025. Given the issuer's reported outstanding share count of 263,438,274, these transactions represent an immaterial percentage of the float. The filing meets disclosure expectations under Rule 144 and provides transparency on the source of the shares (equity compensation) and timing.
TL;DR: Disclosure aligns with governance best practices; representation about no material nonpublic information is standard and noted.
The notice shows the seller acquired shares via a restricted stock lapse and intends to sell through a broker on NASDAQ. The explicit representation that the seller is unaware of undisclosed material adverse information and the inclusion of recent sales history (08/20/2025 sale by Chris Rogers) reflect standard compliance with insider trading and disclosure rules. No governance red flags are apparent from the data disclosed.