STOCK TITAN

Tax-withholding of 12,909 shares by Maplebear (CART) general counsel reported

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Maplebear Inc.'s General Counsel and Secretary, Morgan Fong, reported a routine tax-related share disposition. On the reported date, 12,909 shares of common stock were withheld at $36.30 per share to cover tax obligations triggered by the vesting of restricted stock units. This was not an open-market sale but an administrative tax-withholding transaction. After this event, Fong’s directly held stake remained substantial at 402,386 shares of Maplebear common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fong Morgan

(Last) (First) (Middle)
C/O MAPLEBEAR INC.
50 BEALE STREET, SUITE 600

(Street)
SAN FRANCISCO CA 94105

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Maplebear Inc. [ CART ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
GENERAL COUNSEL & SECRETARY
3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/15/2026 F 12,909(1) D $36.3 402,386 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
Remarks:
/s/ Bradly Libuit, Attorney-in-fact 02/18/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Maplebear (CART) report for Morgan Fong?

Maplebear reported that General Counsel Morgan Fong had 12,909 common shares withheld to satisfy tax obligations from restricted stock unit vesting. This was a tax-withholding disposition, not an open-market sale, and reflects standard equity compensation administration.

Was the Maplebear (CART) Form 4 transaction an open-market sale?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to cover tax obligations when restricted stock units vested, as explained in the filing’s footnote disclosure.

How many Maplebear (CART) shares were used for tax withholding?

A total of 12,909 Maplebear common shares were withheld to satisfy tax withholding obligations. The transaction used a reference price of $36.30 per share in connection with the vesting of restricted stock units awarded to the executive.

How many Maplebear (CART) shares does Morgan Fong hold after the transaction?

Following the tax-withholding disposition, Morgan Fong directly holds 402,386 Maplebear common shares. This figure reflects the updated ownership reported in the Form 4 after accounting for the 12,909 shares withheld for taxes.

What does transaction code F mean in Maplebear (CART) Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering or withholding securities. In this case, it reflects shares withheld by Maplebear to cover tax obligations tied to restricted stock unit vesting for Morgan Fong.

Is the Maplebear (CART) insider transaction considered a sell or buy?

The transaction is categorized as a disposition for tax withholding, not a traditional buy or sell. Shares were withheld by the company to satisfy tax obligations triggered by restricted stock unit vesting rather than sold on the open market.
Instacart, Inc.(Maplebear Inc.)

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United States
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