Maplebear (CART) CEO withholds 45,464 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Maplebear Inc. director and President/CEO Chris Rogers reported a tax-related share disposition tied to restricted stock units. On this Form 4, 45,464 shares of common stock were withheld at a price of $36.30 per share to satisfy tax withholding obligations upon RSU vesting. After this non-market, tax-withholding disposition, Rogers directly holds 649,934 shares of Maplebear common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rogers Chris
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 45,464 | $36.30 | $1.65M |
Holdings After Transaction:
Common Stock — 649,934 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Maplebear (CART) report for Chris Rogers?
Maplebear reported that Chris Rogers had 45,464 common shares withheld to cover taxes upon vesting of restricted stock units. This was a tax-withholding disposition, not an open-market trade, and it reduced his position to 649,934 directly held shares.
Was the Maplebear (CART) CEO’s Form 4 transaction an open-market stock sale?
No. The Form 4 shows shares were withheld to satisfy tax obligations upon RSU vesting. The transaction is coded “F” for payment of tax liability by delivering securities, rather than an open-market sell order executed through a broker.
What does transaction code F mean in the Maplebear (CART) Form 4?
The transaction uses code F, described as payment of exercise price or tax liability by delivering securities. In this case, the footnote clarifies that the shares represent withholding to satisfy tax obligations when restricted stock units vested.